ASC Al Shaheer Corporation short term analysis 12th April 2021

Further Advance
 
Our Pivot: 14.45

Our Preference: Start buying ASC above 14.95 with strict stop loss of 14.45 and profit target at 15.70 with extension towards 16.20.

Alternate Scenario: Downward penetration of 14.45 will call for 13.65.

NOTE: ASC have given bullish breakout of its triangle on hourly chart.

Chart with supports & resistances: