DGKC DG Khan Cement Intra-day Analysis 23rd Jan. 2020

Upside Prevails

Our Pivot: 75.00

Our Preference: Start buying DGKC above 76.50 with profit targets at 78.40 with extension towards 79.20 and strict stop loss of 75.20.

Alternate Scenario: Downward penetration of 75.20 will call for 74.00 and 73.60.

NOTE: An hourly morning star formation have took place on chart and it's expected that DGKC would try to take a spike towards 77.80 initially.

Intraday Chart with Supports & Resistances: