March 7, 2012

Stock Overview - MUDAJYA - 7 Mar 2012

Stock Name: MUDAJYA
Company Name: MUDAJAYA GROUP BHD
Research House: JUPITERPrice Call: BUYTarget Price: 3.22



MUDAJYA ( 5085 : 2.94 ) : Targeting 3.22

Description

Resistance : 3.22
Support : 2.79

RSI of 63
RSI is on the rise

STOCHASTIC
It riding on an upswing

TREND INDICATOR

Comment
The current resumption off the low of 2.79, is heading for 3.22. Downside is limited to a pullback support of  2.86

Trading Strategy
Buy. Stop loss is at 2.79

Source: Jupiter Securities Research 7 March 2012

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