LUCK Lucky Cement Limited Short Term Analysis 20th Feb. 2020

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Turning Down

Our Pivot: 497

Our Preference: Start short selling LUCK below 489.70 and average it out till 491.60 with strict stop loss of 497 and profit target at 479 with extension towards 475.

Alternate Scenario: Upward penetration of 497 will call for 502.

NOTE: LUCK is being caged in a triangle on hourly chart and right now its facing resistance from a strong horizontal resistant region.

Hourly Chart with Supports & Resistances:

LUCK 14
Overview
Quick Snapshot
Free Float

129,350,000

O/S Shares

323,375,000

Market Cap. (m)

0.00

Var Value

13.00

Hair Cut

17.50

Last Price

487.05

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports482.87478.68475.37
Resistances490.37493.68497.87
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
-41.35
-6.50
QTD Price Return
-41.35
-6.50
3M Price Return
-87.00
-12.76
6M Price Return
-87.00
-12.76
9M Price Return
-322.00
-35.11
YTD Price Return
-85.00
-12.50
1Y Price Return
-255.01
-30.00
3Y Price Return
207.97
53.73
5Y Price Return
-250.40
-29.62

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