Wednesday, 23 May 2012 PADINI – Stock Pick

Wednesday, 23 May 2012 PADINI – Stock Pick



PADINI ( 7052 : 1.68 ) : Avoid/Limited upside

Description

Resistance : 1.81

Support : 1.58

RSI of 57
RSI is slightly positive

STOCHASTIC
It is slightly positive

Comment
The upkick yesterday is a technical rebound, indicating that the upside is likely to be limited, with resistance
at 1.81


Trading Strategy
Avoid

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.