ENGRO Engro Corporation Ltd. short term analysis 23rd Jun. 2020

Further Advance

Our Pivot: 279.80

Our Preference: Start buying ENGRO from current price and average it out till 282.90 with strict stop loss of 279.80 and profit target at 291 with extension towards 300

Alternate Scenario: Downward penetration of 279 will call for 272 & 267.

NOTE: A daily morning star have took place in ENGRO and its moving ahead towards its initial resistance.

Daily Chart with Supports & Resistances: