DGKC DG Khan Cement Intra-day Analysis 26th Jun. 2019

Rebound Insight

Our Pivot: 77.50

Our Preference: Start buying DGKC above 79.50 and average it out till 78 with strict stop loss of 77.50 and profit target at 81.30 and 82.50.

Alternate Scenario: Downward penetration of 77.50 will call for 75 & 72.

NOTE: DGKC is caged in a triangle on daily chart and today it would try to open with a positive gap above 79.50 to create a morning shooting star on daily chart.

Daily chart with supports & resistances: