TRG The Resources Group Analysis 08 Oct 2013
Upside Prevails
Our Pivots: 9.16
Our Preference:BUY TRG above 9.53 with a strict stop loss of 9.16 and profit target at 11.12
Alternate Scenario: Downward Penetration of 9.16 will call for 8.54
NOTE: TRG is generating an upward price channel on daily bases and getting supports from supportive trend line along with 100 Days moving average. So its recommended to buy it above given levels
Recommendations:
For New Entries (Buy above 9.53)
For Existing Holdings (Hold Till 11.12)
Weekly Chart with Supports and Resistance:
3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.LEAVE A COMMENT