DGKC DG Khan Cement Short-Term Analysis 11th Mar. 2020
Turning Down
Our Pivot: 97.60
Our Preference: Short sell DGKC below 90.00 and average it out till 93.80 with strict stop loss of 97.60 and profit target at 78.60 with extension towards 70.80.
Alternate Scenario: Upward penetration of 97.60 will call for 101.30 and 111.00.
NOTE: DGKC is being capped by crossover of an ascending trend line with a horizontal resistant line on daily and weekly charts, meanwhile 76.4% correction of its last bearish rally have been completed on weekly chart.
Daily chart with supports & Resistances:
DGKC 42
Overview
Quick Snapshot
Free Float
219,059,559
O/S Shares
438,119,097
Market Cap. (m)
0.00
Var Value
15.00
Hair Cut
22.50
Last Price
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
-3.95
-5.27
QTD Price Return
-3.95
-5.27
3M Price Return
-8.19
-10.34
6M Price Return
-8.95
-11.19
9M Price Return
-44.45
-38.48
YTD Price Return
-11.45
-13.88
1Y Price Return
-50.95
-41.76
3Y Price Return
-2.84
-3.84
5Y Price Return
-148.95
-67.70