FCCL Fauji Cement Analysis 02 Oct 2013
Rebound Insight
Our Pivots: 10.18
Our Preference:Start Buying FCCL above 10.69 and 11.37 if it breaks then with strict stop loss of 10.18 and profit target at 12.69
Alternate Scenario: Downward Penetration of 10.18 will call for 8.87
NOTE: FCCL is moving in a downward daily channel but it got support from its 280 days moving average along with its supportive trend line, Stochastic and MAORSI are also supporting its bullish run.
Recommendations:
For New Entries (Buy Below 10.69 or 11.37)
For Existing Holders (Hold till 12.69)
Daily Chart with Supports and Resistance:
3 COMMENTS
John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.LEAVE A COMMENT