Friday, 3 Feb 2012 LMCEMNT – Stock Pick

LMCEMNT ( 3794 : 6.80 ) : Upside 7.35
Description
Resistance : 7.35
Support : 6.50
RSI of 50
RSI is neutral to positive
STOCHASTIC
It is on base forming
TREND INDICATOR
Down
Comment
It is expected to breakout of the current consolidation, to test the 61.8% retracement of 7.35
Trading Strategy
Buy. Stop loss is at 6.50

Disclaimer
This report is provided for information purposes only.