DGKC DG Khan Cement Short Term Analysis 25th Sep. 2018

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Rebound Insight

Our Pivot: 97.33

Our Preference: Buy DGKC above 100.00 and average it out till 98.60 with strict stop loss of 97.33 and profit target at 105.00 with extension towards 106.80

Alternate Scenario: Downward penetration of 97.33 will call for 95.65 and 94.60.

NOTE: DGKC have completed its correction on hourly chart and right now its going to get a strong support from a horizontal supportive region along with a rising trend line. Hourly momentum indicators are ready for a bullish crossover.

Hourly Chart with Supports and 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

154.67

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports150.23145.80143.44
Resistances157.02159.38163.81
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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