MLCF Maple Leaf Cement Intra-day Analysis 17th July 2018

Rebound Insight

Our Pivot: 38.50

Our Preference: Buy MCLF above 39.30 with strict stop loss of 38.50 and profit target at 40.66 and 41.80.

Alternate Scenario: Downward Penetration of 38.50 will call for 36.05 and 34.70.

NOTE: MLCF is moving in a downward wedge and right now its getting support from supportive trend line of said wedge and Stochastic and MAORSI is trying to generate a bullish crossover which would start a pull back.

Hourly Chart with Supports and 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

64.33

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	62.71	61.09	60.28
Resistances	65.14	65.95	67.57

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