Wednesday 21 November 2012

Stock Overview - PERISAI - 22 Nov 2012

PERISAI ( 0047 : 1.16 ) : Take profit

Description

Resistance : 1.23
Support : 1.10

RSI of 71
RSI is overbought

STOCHASTIC
It is approaching overbought

Comment
On the buy call of 22/10/2012 at 1.05, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source:Jupiter Securities Research, 22 November 2012

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