AGTL Al-Ghazi Tractors Limited Mid-Term Analysis 16 August 2016

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Rebound Insight

Our Pivot: 394

Our Preference: Buy AGTL above 420 and averages till 414 with strict stop loss of 394 and profit target at 445 with extension towards 463.

Alternate Scenario: Downward penetration of 394 will call for 374.

NOTE: AGTL is getting support from  horizontal supportive region along with a strong supportive trend line of its bullish trend channel

Recommendations:

Buy above 420 and average it out till 414 with target at 445 and 463.

Weekly Chart with Supports and Resistances:

AGTL 2
Overview
Quick Snapshot
Free Float

3,591,822

O/S Shares

57,964,201

Market Cap. (m)

0.00

Var Value

20.00

Hair Cut

27.50

Last Price

413.01

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports411.05409.08405.16
Resistances416.94420.86422.83
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
78.03
22.10
QTD Price Return
78.03
22.10
3M Price Return
90.03
26.40
6M Price Return
71.03
19.73
9M Price Return
55.04
14.64
YTD Price Return
94.03
27.90
1Y Price Return
66.03
18.09
3Y Price Return
24.53
6.03
5Y Price Return
-100.98
-18.98

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