DGKC DG Khan Cement Short-Term Analysis 3rd Dec. 2019

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Turning Down

Our Pivot: 82.60

Our Preference: Start Short selling DGKC below 77.70 and averge it out till 79.30 with strict stop loss of 82.60 and profit target at 69.70 with extension towards 62.50

Alternate Scenario: Upward penetration of 82.60 will call for 87.30 and 90.00.

NOTE: Weekly moemtnum indicators are ready for a bearish crosover and its also being capped by a descending trend line along with a horizontlal resistant region.

Weekly 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

75.93

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports73.6971.4569.95
Resistances77.4378.9381.17
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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