DGKC DG Khan Cement Short-Term Analysis 26th Mar. 2020

Rebound Insight

Our Pivot: 48.20

Our Preference: Start Buying DGKC from 52 Rs with strict stop loss of 48.20 and profit target at 57.80 and 62.00.

Alternate Scenario: Downward penetration of 48.20 will call for 44.00 and 41.00.

NOTE: DGKC have completed 76% correction of its last bullish rally and now its being support by a crossover a horizontal line with an ascending trend line.

Daily chart with supports & Resistances: