Stock Overview - SCOPE- 15 May 2012

SCOPE ( 0028 : 0.25 ) : Sell

Description

Resistance : 0.28 0.30
Support : 0.22 0.25

RSI of 92
RSI is overbought

STOCHASTIC
It is overbought

Comment
The sharp upkick is likely to encounter resistance in the region of 0.27-0.30

Trading Strategy
Sell.

Source:Jupiter Securities Research 15 May 2012