Stock Overview - SHCHAN - 5 July 2012

SHCHAN ( 4316 : 1.23 ) : Targeting 1.34/Stop loss 1.17

Description

Resistance : 1.28 1.34
Support : 1.17

RSI of 60
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is targeting 1.28, 1.34

Trading Strategy
Buy. Stop loss is at 1.17

Source:Jupiter Securities Research 05 July 2012