Stock Overview - PADINI - 2 Aug 2012

PADINI ( 7052 : 2.14 ) : Take profit

Description

Resistance : 2.15 2.25
Support : 2.10

RSI of 73
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 4/7/2012 buy call at 1.86, we are recommending to take profit as it has hit the 2.12 target

Trading Strategy
Take profit


Source:Jupiter Securities Research 02 August 2012