Stock Overview - MISC - 21 May 2012

MISC ( 3816 : 4.23 ) : Targeting 4.60/Stop loss 4.00

Description

Resistance : 4.60
Support : 4.05

RSI of 26
RSI is recovering

STOCHASTIC
It is oversold

Comment
The multi year correction from the 10.00 high is likely to have ended at the recent low of 3.92, which marks
the 61.8% retracement.

Trading Strategy
Buy. Stop loss is at 4.00

Source:Jupiter Securities Research 21 May 2012