Dost Steels Ltd.Industrial metals and Mining |
Price: 8.79Change: -0.82 2016-10-18 |
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Open: | 9.61 | 52 Week High: | 20.24 | Market Capitalization Mln: | 593.01 | ||
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High: | 9.61 | 52 Week Low: | 8.51 | Outstanding Shares. Mln: | 67.46 | ||
Low: | 8.77 | 52 Week Avg.: | 15.03 | KSE AllShares % Weight-age: | 0.01 | ||
Close: | 8.79 | 52 Week Max Vol.: | 8429500 | KSE100 % Weight-age: | Not Listed | ||
Average: | 9.20 | 52 Week Min Vol.: | 25500 | KSE30 % Weight-age: | Not Listed | ||
Volume: | 5285500 | 52 Week Total Vol.: | 190216500 | Data Last Updated: | 2016-10-18 |
Rebound Insight
Our Pivot: 6.30
Our Preference: Buy DSL above 8.60 and average it out till 7.71 with strict stop loss of 6.30 and profit target at 12.77 with extension towards 14.14.
Alternate Scenario: Downward penetration of 6.30 will call for 5.63.
NOTE: DSL is getting support from its 280 weeks moving average along with a strong horizontal supportive region. Weekly Stochastic is also ready for a pull back.
Recommendations:
Buy above 8.60 and average it out till 7.71 with target at 12.77.
Weekly Chart with Supports and Resistances:
DSL 4
Level | 1st | 2nd | 3rd | Supports | 6.65 | 6.58 | 6.45 | Resistances | 6.85 | 6.98 | 7.05 |
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