NICL Nimir Industrial Chemicals Analysis 28 March 2016
Upside Prevail
Our Pivot: 20.73
Our Preference: Buy above 23.62 and average it out till 21.99 with strict stop loss of 20.73 and target at 27.08 and 28.40.
Alternate Scenario: Downward penetration of 20.73 will call for 18.93.
NOTE: NICL moving in an upward price channel and right now its getting support from a supportive trend line along with a horizontal supportive region. Weekly Stochastic is also ready for a pull back.
Recommendations:
Buy above 23.62 and average it out till 21.99 with target at 27.08 and 28.40.
Chart with Supports and Resistances:
NICL 2
Overview
Quick Snapshot
Free Float
38,706,691
O/S Shares
110,590,546
Market Cap. (m)
0.00
Var Value
21.00
Hair Cut
27.50
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
-3.99
-3.59
QTD Price Return
-3.99
-3.59
3M Price Return
-5.11
-4.56
6M Price Return
-25.17
-19.04
9M Price Return
-21.00
-16.41
YTD Price Return
-20.00
-15.75
1Y Price Return
-19.95
-15.71
3Y Price Return
54.70
104.59
5Y Price Return
59.50
125.26