MLCF Maple Leaf Cement short term analysis 27th Oct. 2020

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Further Advance

Our Pivot: 40.50

Our Preference: Start buying MLCF from current price and average it out till 42.30 with strict stop loss of 40.50 and profit target at 46.60 with extension towards 49.30.

Alternate Scenario: Downward penetration of 40.50 will call for 39.60 and 38.50.

NOTE: MLCF is moving in a bullish price channel and its in expansion mode of its previous triangle.

Daily 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

43.92

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports42.7441.5640.73
Resistances44.7545.5846.76
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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