MLCF Maple Leaf Cement Factory Intraday Analysis 7th May 2020

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Downside Prevails

Our Pivot: 28.10

Our Preference: Start short selling MLCF below 26.50 and average it out till 27.30 with strict stop loss of 28.10 and profit target at 25.40 and 25.00. 

Alternate Scenario: Upward penetration of 28.10 will call for 28.60.

NOTE: MLCF is being capped by a descending trend line along with a horizontal resistant region.

Hourly Chart with Supports & Resistances:

MLCF 25
Overview
Quick Snapshot
Free Float

494,255,804

O/S Shares

593,700,666

Market Cap. (m)

0.00

Var Value

15.00

Hair Cut

22.50

Last Price

26.32

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports26.0625.8125.37
Resistances26.7527.1927.44
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
1.96
5.44
QTD Price Return
1.96
5.44
3M Price Return
3.71
10.83
6M Price Return
4.66
13.99
9M Price Return
-8.78
-18.78
YTD Price Return
1.95
5.42
1Y Price Return
-7.40
-16.31
3Y Price Return
12.87
51.30
5Y Price Return
-54.46
-58.93

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