Tuesday, 3 July 2012

Stock Overview - PADINI - 4 July 2012


PADINI ( 7052 : 1.86 ) : Targeting 2.09/Stop loss 1.82

Description

Resistance : 2.09
Support : 1.82

RSI of 58
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
It has bottomed out at the recent low of 1.82. The current rebound is targeting 2.09

Trading Strategy
Buy. Stop loss is at 1.82

Source:Jupiter Securities Research 04 July 2012

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