MLCF Maple Leaf Cement short term analysis 16th Sep. 2020

Further Advance

Our Pivot: 36.50

Our Preference: Buy MLCF as long as its trading above 38.70 with strict stop loss of 36.50 and profit target at 42.00 with extension towards 43.15.

Alternate Scenario: Downward penetration of 36.50 will call for 34.00 and 32.85.

NOTE: MLCF is moving in a bullish price channel on daily chart and its moving upside after completing its daily correction.

Daily chart with supports & resistances:

MLCF 25

Overview

Quick Snapshot

Free Float

494,255,804

O/S Shares

593,700,666

Market Cap. (m)

0.00

Var Value

15.00

Hair Cut

22.50

Last Price

40.06

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	39.17	38.29	37.12
Resistances	41.22	42.39	43.27

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

1.96

5.44

QTD Price Return

1.96

5.44

3M Price Return

3.71

10.83

6M Price Return

4.66

13.99

9M Price Return

-8.78

-18.78

YTD Price Return

1.95

5.42

1Y Price Return

-7.40

-16.31

3Y Price Return

12.87

51.30

5Y Price Return

-54.46

-58.93