March 28, 2012

Stock Overview - MAYBANK - 28 Mar 2012

Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD
Research House: JUPITERPrice Call: BUYTarget Price: 9.58



MAYBANK ( 1155 : 8.85 ) : Targeting 9.58

Description

Resistance : 9.10 9.58
Support : 8.72

RSI of 66
RSI is rising

STOCHASTIC
It is on an upswing

TREND INDICATOR

Comment
The current up trend is heading for 9.58. A tight stop loss should be placed at 8.72

Trading Strategy
Buy. Stop loss is at 8.72

 Source:Jupiter Securities Research 28 March 2012

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