Tuesday, 18 December 2012

Stock Overview - MUDAJYA - 19 Dec 2012

MUDAJYA (5085 : 2.65 ) : Targeting 2.80/Stop loss 2.58

Description

Resistance : 2.80
Support : 2.60

RSI of 58
RSI is on a buy divergence

STOCHASTIC
It is oversold

Comment
The current upmove is heading for 2.80

Trading Strategy
Buy. Stop loss is at 2.58

Source: Jupiter Securities Research - 19 December 2012

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