NCL Nishat Chunian Limited Analysis 01 March 2016
Rebound Insight
Our Pivot: 28.25
Our Preference: Start buying NCL above 32.68 and average it out till 31.60 with strict stop loss of 28.25 and profit target at 37.75 with extension towards 39.
Alternate Scenario: Downward penetration of 28.25 will call for 26.
NOTE: NCL is getting support from a rising trend line along with its yearly 61.8% Correction and a horizontal supportive region. Weekly Stochastic have generated a crossover which indicates a start for a bullish run.
Recommendations: Buy above 32.68 and average it out till 31.60 with target at 37.75 and 39.
Weekly Chart with Supports and Resistances:
NCL 10
Overview
Quick Snapshot
Free Float
108,053,563
O/S Shares
240,119,029
Market Cap. (m)
0.00
Var Value
14.00
Hair Cut
25.00
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
1.95
3.87
QTD Price Return
1.95
3.87
3M Price Return
2.56
5.15
6M Price Return
8.31
18.89
9M Price Return
-1.88
-3.47
YTD Price Return
6.31
13.72
1Y Price Return
6.30
13.69
3Y Price Return
6.81
14.97
5Y Price Return
2.20
4.39