Akzo Nobel Pakistan LimitedConstruction and Materials (Cement) |
Price: 195.98Change: 4.84 2016-05-13 |
||||||
| Open: | 191.14 | 52 Week High: | 373.00 | Market Capitalization Mln: | 9101.95 | ||
|---|---|---|---|---|---|---|---|
| High: | 197.70 | 52 Week Low: | 177.00 | Outstanding Shares. Mln: | 46.44 | ||
| Low: | 191.14 | 52 Week Avg.: | 255.28 | KSE AllShares % Weight-age: | 0.12 | ||
| Close: | 195.98 | 52 Week Max Vol.: | 145600 | KSE100 % Weight-age: | Not Listed | ||
| Average: | 193.99 | 52 Week Min Vol.: | 200 | KSE30 % Weight-age: | Not Listed | ||
| Volume: | 22700 | 52 Week Total Vol.: | 4929200 | Data Last Updated: | 2016-05-13 | ||
Rebound Insihgt
Our Pivot: 173
Our Preference: Start buying from current prie and average it out till 187 with strict stop loss of 173 and profit target at 230 and 253 with extension towards 266.
Alternate Scenario: Downard penetration of 173 will call for 149.
NOTE: AKZO is moving in bearish trend channel and right now its getting support from a supportive trend line along with its monthly 76.4% correction. Weekly Stochastic is ready for a pull back and moving average over RSI is also supportive bullish trend.
Recommendations:
Start buying from current price and average it out till 187 will target at 230.
Weekly Chart with Supports and Resistances:

0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.