PIOC Pioneer Cement Limited short-term analysis 19th Oct. 2020
Rebound Insight
Our Pivot: 85.80
Our Preference: Start buying PIOC from current price and average it out till 88.70 with strict stop loss of 85.80 and profit target at 94.30 with extension towards 99.50.
Alternate Scenario: Downward penetration of 85.80 will call for 80.25.
NOTE: PIOC is bouncing back after retesting its daily triangle and getting support from its strong supportive region. Meanwhile daily stochastic and MAORSI have changed their direction towards bullish side.
Daily chart with supports & resistances:
PIOC 3
Overview
Quick Snapshot
Free Float
124,931,836
O/S Shares
227,148,793
Market Cap. (m)
0.00
Var Value
17.00
Hair Cut
22.50
Last Price
90.03
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 87.75 | 85.48 | 83.95 | Resistances | 91.55 | 93.08 | 95.35 |
|---|
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
-6.24
-7.75
QTD Price Return
-6.24
-7.75
3M Price Return
-10.25
-12.13
6M Price Return
-7.75
-9.45
9M Price Return
-52.00
-41.19
YTD Price Return
-15.00
-16.81
1Y Price Return
-58.50
-44.07
3Y Price Return
48.15
184.48
5Y Price Return
-67.75
-47.71