Resistant Area Ahead
Our Pivot: 60.45
Our Preference: Short Sell AICL below 56.80 and add averages till 57.72 with strict stop loss of 60.45 and profit target at 53.02 with extension towards 50.47 and 48.
Alternate Scenario: Closing above 60.45 will call for 62.56 and 64.10.
NOTE: AICL is capped by a resistant trend line on Intra-day and Daily bases, weekly stochastic is also not supporting further bullish rally right now. Prices are also capped by resistant trend line weekly bullish price channel and a horizontal line.
Short Sell below 56.80 and add averages till 57.72.
Historical Price Statistics of AICL:
Adamjee Insurance Co. Ltd.
Non Life Insurance
Change: 2.58 2015-07-29
|Open:||53.89||52 Week High:||58.30||Market Capitalization Mln:||19.00|
|High:||56.49||52 Week Low:||37.93||Outstanding Shares. Mln:||350.00|
|Low:||53.89||52 Week Avg.:||48.70||KSE AllShares % Weight-age:||0.26|
|Close:||56.47||52 Week Max Vol.:||16462500||KSE100 % Weight-age:||0.69|
|Average:||55.19||52 Week Min Vol.:||72000||KSE30 % Weight-age:||1.05|
|Volume:||3520000||52 Week Total Vol.:||516171500||Data Last Updated:||2015-07-29|
|Equity,Sales and Profits are in million while EPS and Dividend in Rs, Bonus in %|
|Year End||Equity||Sales||Profit Before||Profit After||EPS||Dividend||Bonus|
3 Months Range
6 Months Range
|High:||58.30||Max. Volume:||10523500||High:||58.30||Max. Volume:||11565500|
|Low:||43.55||Min Volume:||72000||Low:||37.93||Min Volume:||72000|
|Average:||48.59||Total Vol.:||101379000||Average:||48.94||Total Vol.:||185593500|
History High & Low
|History High:||430.90||High Date:||2007-10-22|
|History Low:||33.60||Low Date:||2002-06-04|
|History High Volume:||19421000||high Volume Date:||2004-03-30|
|History Low Volume:||100||Low Volume Date:||2008-07-03|
|Symbol||Year||High||Low||Average||Max Volume||Mini Volume||Total Volume|
KSE100 Index and Sector Comparison:
Weekly Chart with Supports and Resistances:
High Risk Investment
Trading foreign exchange, Commodities and Equities (Stocks) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, Commodities and Equities (Stocks) you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all the risks associated with foreign exchange, Commodities and Equities (Stocks) trading and seek advice from an independent financial advisor if you have any doubts
Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Accuracy of Information
The content on this website is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. We have taken reasonable measures to ensure the accuracy of the information on the website; however, it does not guarantee accuracy and will not accept liability for any loss or damage which may arise directly or indirectly from the content or from your inability to access the website, or for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this website.