MCB MCB Bank Short Term Analysis 19th March 2019
Turning Down
Our Pivot: 200.50
Our Preference: Start short selling MCB below 198.90 with strict stop loss of 200.50 and profit target at 193.
Alternate Scenario: Upward penetration of 200.50 will call for 203.
NOTE: MCB is being capped by two strong resistance at 198 from a resistant trend line and at 200 Rs by horizontal resistance respectively.
Daily Chart with Supports & Resistances:
MCB 4
Overview
Quick Snapshot
Free Float
414,771,002
O/S Shares
1,185,060,006
Market Cap. (m)
0.00
Var Value
12.50
Hair Cut
17.50
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
4.82
3.31
QTD Price Return
4.82
3.31
3M Price Return
-12.89
-7.90
6M Price Return
-5.78
-3.71
9M Price Return
-8.17
-5.16
YTD Price Return
-2.58
-1.69
1Y Price Return
-24.02
-13.79
3Y Price Return
-33.78
-18.36
5Y Price Return
-62.78
-29.47