TRG TRG Pakistan Short Term Analysis 3rd Sep. 2018
Rebound Insight
Our Pivot: 29.60
Our Preference: Start buying TRG above 30.30 with strict stop loss of 29.60 and profit target at 32.50, breakout of 32.50 will call for 33.68 and 34.50.
Alternate Scenario: Downward breakout of 29.60 will call for 29.11 and 27.90
NOTE: TRG is getting support from a descending trend line which have previously reacted as major resistance. Momentum indicators are trying to generate bullish crossovers and if they would succeed then a sharp pullback would be witnessed in it.
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 | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
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