DGKC DG Khan Cement short term analysis 25th Aug. 2020

Further Advance

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DGKC Chart Illustration by CapitalMarkets

Further Advance

Our Pivot: 105

Our Preference: Start buying DGKC from current price and average it out till 107.00 with strict stop loss of 105 and profit target at 111 with extension towards 112.50.

Alternate Scenario: Downward penetration of 105 will call for 103 and 101.

NOTE: DGKC have given bullish breakout of its inverse head and shoulder's neck line on hourly chart.

Hourly chart with supports and Resistances:

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