DOL Oxychem limited short term analysis 5th APR. 2021

Rebound Insight

Our Pivot: 24.40

Our Preference: Start buying DOL from current price and average it out till 25.20 with strict stop loss of 22.40 and profit target at 27.50 with extension towards 28.20

Alternate Scenario: Downward penetration of 24.40 will call for 23.00 and 21.50

NOTE: DOL is being caged in a descending wedge on hourly chart at its 61.8% correction and a sharp pull back would be witnessed if it would succeed in giving a breakout of this wedge in upward direction.

Chart with supports & resistances:

DOL 7

Overview

Quick Snapshot

Free Float

40,800,000

O/S Shares

102,000,000

Market Cap. (m)

0.00

Var Value

21.50

Hair Cut

35.00

Last Price

25.72

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	25.48	25.24	24.88
Resistances	26.08	26.44	26.68

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

0.20

1.03

QTD Price Return

0.20

1.03

3M Price Return

-2.30

-10.45

6M Price Return

-4.05

-17.05

9M Price Return

-7.40

-27.31

YTD Price Return

-3.40

-14.72

1Y Price Return

-6.55

-24.95

3Y Price Return

4.23

27.34

5Y Price Return

1.08

5.80