DOL Oxychem limited short term analysis 8th Mar. 2021

Rebound Insight

Our Pivot: 22.50

Our Preference: Start buying DOL above 27.10 and average it out till 25.50 with strict stop loss of 22.50 and profit target at 31.50 with extension towards 34.00

Alternate Scenario: Downward penetration of 22.50 will call for 18.00

NOTE: DOL is moving in a bearish price channel and getting support from a strong supportive trend line meanwhile 50% correction of its last bullish rally is also completed

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

27.80

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	27.47	27.14	26.83
Resistances	28.11	28.42	28.75

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