DGKC DG Khan Cement Short Term Analysis 2nd Jul. 2020

Further Advance

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DGKC Chart Illustration by CapitalMarkets

Further Advance

Our Pivot: 87.30

Our Preference: Start buying DGKC above 89.50 and average it out till 88 with strict stop loss of 87.30 and profit target at 94.50 with extension towards 97.60.

Alternate Scenario: Downward penetration of 87.30 will call for 82.50 & 79.

NOTE: DGKC have succeeded in penetration above its major resistant trend line.

Daily Chionart with supports & resistances:

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