Osim Regain Support

Osim 3rd May 2010

Osim’s fall seems to have been cushioned by the 2 support levels at 82 cents and 87 cents.

The 50 day moving average has lent further weight to the support and look likely to intersect with the 87 cents support level.

GMMA shows trend is likely to continue as the green bands are still well sepearated.

Stochastics are starting to turn up in the oversold region.

Low risk trade, with tight stop loss at 87 cents.

For less risky trade, keep stop loss at 82 cents.