Monday, 10 September 2012

Stock Overview - MISC - 11 Sep 2012

MISC ( 3816 : 4.20 ) : Targeting 4.50/Stop loss 4.00

Description

Resistance : 4.50
Support : 4.00

RSI of 38
RSI is on a base forming

STOCHASTIC
It is oversold, and turning upwards

Comment
With oversold technicals, the downside is limited

Trading Strategy
Buy. Stop loss is at 4.00

Source:Jupiter Securities Research 11 September 2012

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