Monday, 8 Oct 2012 IJM – Stock Pick

IJM ( 3336 : 4.96 ) : Take profit

Description

Resistance : 5.05
Support : 4.88

RSI of 48
RSI is on the rise

STOCHASTIC
It is overbought

Comment
On the 28/9/2012 buy call at 4.73, we are recommending to take profit as technicals are approaching
overbought

Trading Strategy
Take profit

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.