Stock Overview - SHCHAN - 9 Apr 2012

SHCHAN ( 4316 : 1.24 ) : Stop loss raised to 1.19 / Sell above 1.28

Description
Animal feeds

Resistance : 1.28 1.38
Support : 1.19

RSI of 72
RSI is overbought

STOCHASTIC
It is riding on an up swing

TREND INDICATOR

Comment
On the buy recommendation of 14/3/2012, it has hit the 1.16 target. Stop loss is raised to 1.19. Suggest to
sell above 1.28

Trading Strategy
Sell above 1.28. Stop loss is raised to 1.19

Source:Jupiter Securities Research 09 April 2012