ENGRO Engro Corporation Mid-Term Analysis 24th Jan 2019
Turning Down
Our Pivot: 345
Our Preference: Start short selling ENGRO below 337.60 and average it out till 342 with strict stop loss of 345 and profit target at 321 with extension towards 313.
Alternate Scenario: Upward penetration of 345 will call for 354.
NOTE: Capped by major resistant trend line with a horizontal resistant region.
Weekly Chart with Supports & Resistances:
ENGRO 12
Overview
Quick Snapshot
Free Float
316,889,777
O/S Shares
576,163,230
Market Cap. (m)
0.00
Var Value
12.50
Hair Cut
17.50
Last Price
258.95
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 253.60 | 248.25 | 244.67 | Resistances | 262.53 | 266.11 | 271.46 |
|---|
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
27.24
10.14
QTD Price Return
27.24
10.14
3M Price Return
20.79
7.55
6M Price Return
21.99
8.03
9M Price Return
0.77
0.26
YTD Price Return
23.99
8.82
1Y Price Return
8.00
2.78
3Y Price Return
7.35
2.55
5Y Price Return
5.99
2.07