Stock Overview - PADINI - 23 May 2012

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

Source:Jupiter Securities Research 23 May 2012