PMETAL (8869) 5 Nomber 2015

PMETAL has today overcome the resistance  breakout at the level of 2.34. The indicator analysis on RSI is not exhibiting any extreme condition. The support is now at 2.34 with resistance of 2.43 & 2.55.

Furthermore; the expected talk about better results quarter results tentatively to be released on 12 Nov should propel it to go past its resistance of 2.43 & 2.55. If more goodies like dividend or other corporate positive news flow is release; we should see better pricing of its share

Happy Trading

BURSAMASTER