Wednesday 29 August 2012

Stock Overview - NAGAMAS - 29 Aug 2012

NAGAMAS ( 8923 : 0.41 ) : Targeting 0.55/Stop loss 0.39

Description

Resistance : 0.55
Support : 0.39

RSI of 60
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 0.55. A tight stop loss should be placed at 0.39

Trading Strategy
Buy. Stop loss is at 0.39

Source:Jupiter Securities Research 29 August 2012

No comments:

Post a Comment