LUCK Lucky Cement Short term Analysis 9th Jul. 2020

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Further Advance

Our Pivot: 477

Our Preference: Start buying LUCK above 486.50 and average it out till 483 with strict stop loss of 477 and profit target at 503 with extension towards 517 and 522.

Alternate Scenario: Downward penetration of 477 will call for 467 and 464.

NOTE: LUCK have given breakout of its descending wedge in upward direction and now its heading towards 515 for expansion of said wedge.

Daily 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

489.11

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports483.42477.72469.45
Resistances497.39505.66511.36
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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