SNGP Sui Northern Gas Pipelines short term analysis 28th Oct. 2020

Further Advance

Our Pivot: 56.50

Our Preference: Start buying SNGP from current price and average it out till 58.20 with strict stop loss of 56.50 and profit target at 61 with extension towards 63.

Alternate Scenario: Downward penetration of 56.50 will call for 55.00 and 54.50.

NOTE: SNGP have given breakout of its descending trend line in upward direction and Daily momentum indicators are strongly bullish.

Daily chart with supports & resistances:

SNGP 13

Overview

Quick Snapshot

Free Float

285,397,499

O/S Shares

634,216,666

Market Cap. (m)

0.00

Var Value

14.50

Hair Cut

17.50

Last Price

59.38

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	58.18	56.98	55.40
Resistances	60.96	62.54	63.74

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

1.28

4.03

QTD Price Return

1.28

4.03

3M Price Return

-1.28

-3.73

6M Price Return

-7.98

-19.46

9M Price Return

-16.23

-32.95

YTD Price Return

-0.73

-2.16

1Y Price Return

-7.88

-19.27

3Y Price Return

-42.53

-56.29

5Y Price Return

-95.48

-74.30