MLCF Maple Leaf Cement short term analysis 8th Jul. 2020

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Further Advance

Our Pivot: 26.80

Our Preference: Start buying from current price and average it out till 27.55 with strict stop loss of 26.80 and profit target at 29.50 and 30.40.

Alternate Scenario: Downward penetration of 26.80 will call for 25.50.

NOTE: MLCF is in expansion mode of its daily wedge to target resistant trend line of its rising trend trend channel.

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

28.16

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports27.8627.5727.23
Resistances28.4928.8329.12
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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