Friday, 11 May 2012 MUDAJYA – Stock Pick

Friday, 11 May 2012 MUDAJYA – Stock Pick



MUDAJYA ( 5085 : 2.75 ) : Targeting 2.98/Stop loss 2.63

Description

Resistance : 2.90 2.98

Support : 2.63

RSI of 49
RSI is rising

STOCHASTIC
It is on an upswing

Comment
The current recovery is heading for 2.90, then 2.98


Trading Strategy
Buy. Stop loss is at 2.63



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.

Tuesday, 24 April 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.62 ) : Accumulate below 2.54

Description

Resistance : 2.67 2.90

Support : 2.44 2.54

RSI of 28
RSI is oversold

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
While the current correction from 3.28 is not over yet, the downside is limited to 2.44-2.54. It is
recommended to accumulate at below 2.54


Trading Strategy
Buy below 2.54. Stop loss is at 2.32


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.

Friday, 17 Feb 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.88 ) : Stop loss 2.80
Description
Resistance : 3.20
Support : 2.80
RSI of 74
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Down
Comment
While the recent upmove is targeting 3.20, a tight stop loss should be placed at 2.80
Trading Strategy
Buy. Stop loss is at 2.80

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.

Thursday, 2 Feb 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.69 ) : Stop loss 2.58
Description
Resistance : 3.18
Support : 2.58
RSI of 77
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The current upward push could hit the 50% retracement level of 3.18. A tight stop loss should be placed at
2.58
Trading Strategy
Buy. Stop loss is at 2.58

Disclaimer
This report is provided for information purposes only.

Thursday, 19 Jan 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.52 ) : Targeting 2.80
Description
Resistance : 2.57 2.80
Support : 2.42

RSI of 71
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Up

Comment
Currently it is capped at the Double top of 2.57, but it is expected to move higher to target 2.80
Trading Strategy
Buy. Stop loss is at 2.42


Disclaimer
This report is provided for information purposes only.

Tuesday, 10 Jan 2012 MUDAJYA – Stock Pick

MUDAJYA ( 5085 : 2.20 ) : Targeting 2.45
Description
Resistance : 2.45 2.86
Support : 2.15
RSI of 51
RSI is neutral
STOCHASTIC
It is neutral
TREND INDICATOR
Up
Comment
While it remains in a consolidation phase, it is expected to break on the upside for 2.45
Trading Strategy
Buy. Stop loss is at 2.15


Disclaimer
This report is provided for information purposes only.