FFBL Fauji Fertiliser Bin Qasim Intra-day Analysis 16 Feb. 2017

Further Advance

Our Pivot: 56.85

Our Preference: Start buying from current price and average it out till 58.00 with strict stop loss of 56.85 and profit target at 60.17 and 60.70.

Alternate Scenario: Downward penetration of 56.85 will call for 55.69.

NOTE: FFBL have started a new bullish trend after breakout of its resistant region. Right now its being supported by a rising trend line and stochastic have generated a bullish crossover.

Recommendations:

Start buying above current price with target at 60.70.

Intraday Chart with Supports and Resistances:

FFBL 8

Overview

Quick Snapshot

Free Float

326,938,500

O/S Shares

934,110,000

Market Cap. (m)

0.00

Var Value

13.00

Hair Cut

25.00

Last Price

46.31

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	45.88	45.44	45.10
Resistances	46.66	47.00	47.44

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

1.70

7.52

QTD Price Return

1.70

7.52

3M Price Return

-2.19

-8.27

6M Price Return

1.50

6.58

9M Price Return

-3.55

-12.75

YTD Price Return

-0.70

-2.80

1Y Price Return

-4.21

-14.77

3Y Price Return

-3.99

-14.10

5Y Price Return

-18.36

-43.04