Friday, 24 Feb 2012 PADINI – Stock Pick

PADINI ( 7052 : 1.37 ) : Take profit
Description
Resistance : 1.44
Support : 1.26 1.32
RSI of 70
RSI is overbought
STOCHASTIC
It is slightly positive
TREND INDICATOR
Sideways
Comment
The breakout yesterday is on a limited upside, due to some heavy resistance in the region of 1.44
Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.