Fool Trader KLSE Research

Stock Overview - MUDAJYA - 24 Apr 2012

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Publish date: Tue, 24 Apr 2012, 02:57 PM
MUDAJYA ( 5085 : 2.62 ) : Accumulate below 2.54

Description

Resistance : 2.67 2.90
Support : 2.44 2.54

RSI of 28
RSI is oversold

STOCHASTIC
It is oversold

TREND INDICATOR

Comment
While the current correction from 3.28 is not over yet, the downside is limited to 2.44-2.54. It is recommended to accumulate at below 2.54

Trading Strategy
Buy below 2.54. Stop loss is at 2.32

Source:Jupiter Securities Research 24 April 2012

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