TRG The Resources Group of Pakistan Intraday Analysis 03 April 2017

Share Post:

TRG Pakistan

    Support Services

Price:  52.08

   Change: 2.38    2017-03-31
Open: 49.70 52 Week High: 63.89 Market Capitalization Mln: 28403.95
High: 52.44 52 Week Low: 29.80 Outstanding Shares. Mln: 545.39
Low: 48.85 52 Week Avg.: 42.62 KSE AllShares % Weight-age: 0.30
Close: 52.08 52 Week Max Vol.: 58302000 KSE100 % Weight-age: 0.98
Average: 50.77 52 Week Min Vol.: 0 KSE30 % Weight-age: 1.50
Volume: 16490500 52 Week Total Vol.: 3379723500 Data Last Updated: 2017-03-31

Further Advance

Our Pivot: 50.60

Our Preference:  Buy TRG above 52 and average it out till 51.78 with strict stop loss of 50.65 and target at 53.70 and 54.10.

Alternate Scenario: Downward penetration of 50.65 will call for 49.90 and 49.60.

NOTE: TRG have a good prospect on Intraday bases for current trading session as it have generated a bullish engulfing on daily chart and it also have penetrated a bearish trend line on intraday chart.  It will face resistance around 53.60 and 54.10 on Intraday bases

Recommendations:

Buy above 52 and average it out till 51.78 with strict stop loss of 50.65 and target at 53.70 and 54.10.

Hourly Chart with Supports and Resistances:

TRG 42
Overview
Quick Snapshot
Free Float

463,582,065

O/S Shares

545,390,665

Market Cap. (m)

0.00

Var Value

16.50

Hair Cut

22.50

Last Price

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
5.55
7.21
QTD Price Return
5.55
7.21
3M Price Return
-11.43
-12.16
6M Price Return
-47.43
-36.48
9M Price Return
-87.44
-51.43
YTD Price Return
-35.33
-29.97
1Y Price Return
-79.93
-49.19
3Y Price Return
62.12
303.77
5Y Price Return
35.06
73.79


Explore