Thursday 17 January 2013

Stock Overview - MUDAJYA - 18 Jan 2013

MUDAJYA (5085 : 2.79 ) : Take profit

Description

Resistance : 2.84
Support : 2.73

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 19/12/2012 buy call at 2.65, we are recommending to take profit at 2.78 due to overbought technicals

Trading Strategy
Take profit

Jupiter Securities Research - 18 January 2013

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