ALAM ( 5115 : 0.73 ) : Targeting 0.86/Stop loss 0.71
Description
Resistance : 0.86
Support : 0.71
RSI of 75
RSI is overbought
STOCHASTIC
It is overbought
Comment
Following the consolidation breakout, it is heading for 0.86. A tight stop loss should be placed at 0.71
Trading Strategy
Buy. Tight stop loss is at 0.71
Source:Jupiter Securities Research, 05 November 2012
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