FFC Fauji Fertilizer Company Mid Term Analysis 01 Sep. 2017

Rebound Insight

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FFC Chart Illustration by CapitalMarkets

Rebound Insight

Our Pivot: 67.00

Our Preference: Start buying from 71.00 with strict stop loss of 67.00 and profit target at 83.87 and 84.42.

Alternate Scenario: Downward penetration of 67.00 would call for 64.70.

NOTE: FFC is Supported by a rising trend line and a horizontal supportive region.

Weekly chart with supports and resistances:

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