Wednesday, 7 Mar 2012 PADINI – Stock Pick

PADINI ( 7052 : 1.48 ) : Stop loss 1.35

Description
Resistance : 1.83
Support : 1.35

RSI of 78
RSI is overbought

STOCHASTIC
It riding on an upswing

TREND INDICATOR
Comment
The current uptrend has an upside of 1.83. A tight stop loss should be placed at 1.35

Trading Strategy
Buy. Stop loss is at 1.35


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.