DGKC DG Khan Cement short term analysis 14th Oct. 2020

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Rebound Insight

Our Pivot: 101.80

Our Preference: Start buying DGKC above 104.56 and average it out till 102.50 with strict stop loss of 101.80 with profit target at 109.30 with extension towards 111.

Alternate Scenario: Downward penetration of 101.80 will call for 97.60.

NOTE: DGKC is caged in a descending wedge on daily chart and its trying to pull back after getting support from supportive trend line of this wedge.

Daily chart with supports & resistances:

DGKC 42
Overview
Quick Snapshot
Free Float

219,059,559

O/S Shares

438,119,097

Market Cap. (m)

0.00

Var Value

15.00

Hair Cut

22.50

Last Price

106.61

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports104.92103.23101.94
Resistances107.90109.19110.88
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
-3.95
-5.27
QTD Price Return
-3.95
-5.27
3M Price Return
-8.19
-10.34
6M Price Return
-8.95
-11.19
9M Price Return
-44.45
-38.48
YTD Price Return
-11.45
-13.88
1Y Price Return
-50.95
-41.76
3Y Price Return
-2.84
-3.84
5Y Price Return
-148.95
-67.70

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