MLCF Maple Leaf Cement short term analysis 7th April 2021

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Rebound Insight

Our Pivot: 43.00

Our Preference: Ste art buying MLCF from current price and average it out till 44.00 with strict stop loss of 43.00 and profit target at 46.40 with extension towards 47.30.

Alternate Scenario: Downward penetration of 43.00 will call for 41.50 and 40.30.

NOTE: MCLF have given bullish breakout of its descending wedge on hourly chart and now its heading towards its resistant region.

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

44.95

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports43.8242.6842.02
Resistances45.6246.2847.42
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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