MLCF Maple Leaf Cement Analysis 04 April 2013

MLCF Upside Prevails Our Pivot: 18.41 Our Preference: Buy MLCF around 18.83 with a strict stop loss of 18.41 and profit target at 20.87 and 21.05 Alternative Scenario: Downward Penetration of 18.41 will call for 18.04 and 17.63 NOTE: MLCF is moving purely on its technical and have taken a rebound after retesting its upper band of that channel yesterday, now its coming back for a correction near 18.83, so its good one to buy near 18.83, all middle impact and strong tech indicators are supporting  bullish sentiment in MLCF Recommendations: For New Entries ( Buy around 18.83) For Existing Buyers ( Hold till 20.87) Daily Chart with Supports and Resistance: MLCF040413

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John Doe

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Diana Doe

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Melissa Doe

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Peter Doe

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