OGDC Oil & Gas Dev. Corp. Ltd. Intraday Analysis 1st Mar. 2021

Rebound Insight

Our Pivot: 97.00

Our Preference: Start buying OGDC above 103.77 and average it out till 101 with strict stop loss of 97.00 and profit target at 110.55 with extension towards 113.

Alternate Scenario: Downward penetration of 97.00 will call for 94.60 and 91.00.

NOTE: OGDC is moving in a bearish price channel and right now its getting support from supportive trend line of this channel along with a horizontal supportive region.

Chart with supports & resistances:

OGDC 10

Overview

Quick Snapshot

Free Float

645,139,260

O/S Shares

2,147,483,647

Market Cap. (m)

0.00

Var Value

12.50

Hair Cut

17.50

Last Price

104.72

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	102.78	100.85	97.99
Resistances	107.57	110.43	112.36

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

3.04

3.66

QTD Price Return

3.04

3.66

3M Price Return

-3.27

-3.66

6M Price Return

0.54

0.63

9M Price Return

-10.71

-11.07

YTD Price Return

-0.41

-0.47

1Y Price Return

-12.96

-13.09

3Y Price Return

-57.76

-40.17

5Y Price Return

-60.96

-41.47