DGKC DG Khan Cement Short Term Analysis 6th Aug. 2020

Further Advance

Our Pivot: 105

Our Preference: Start buying DGKC above 106.60 with strict stop loss of 105 and profit target at 113 with extension towards 117.

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

NOTE: A daily bullish engulfing pattern have been formatted after getting support from a rising trend line in DGKC.

Hourly chart with supports and Resistances: