MLCF Maple Leaf Cement Analysis 30 August 2013 (Revised)
Rebound Insight
Our Pivot:23.06
Our Preference: Buy MLCF Till 23.46 with a strict stop loss of 22.85 and profit target at 28.18
Alternative Scenario: Downward Penetration of 22.80 will call for 20.56
NOTE: MLCF is trying to fulfill its short term corrections along with retesting its supportive lines since Nov. 2012 so a short term rebound is insight for a spike in MLCF, so its recommended to buy MLCF above given levels.
Recommendations:
For New Entries (Buy till 23.46)
Weekly Chart with Supports and Resistance:
3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.LEAVE A COMMENT