Change: 0.12 2016-12-16
|Open:||68.70||52 Week High:||78.20||Market Capitalization Mln:||20440.33|
|High:||69.40||52 Week Low:||42.65||Outstanding Shares. Mln:||297.01|
|Low:||68.01||52 Week Avg.:||58.38||KSE AllShares % Weight-age:||0.22|
|Close:||68.82||52 Week Max Vol.:||5702000||KSE100 % Weight-age:||Not Listed|
|Average:||68.73||52 Week Min Vol.:||74500||KSE30 % Weight-age:||Not Listed|
|Volume:||309500||52 Week Total Vol.:||266999000||Data Last Updated:||2016-12-16|
Our Pivot: 60.30
Our Preference: Buy ASTL above 66.85 and average it out till 65.08 with strict stop loss of 60.30 and profit target at 75.00 and 77.60 with extension towards 85.71.
Alternate Scenario: Downward penetration of 60.30 will call for 55.50.
NOTE: ASTL is moving in an upward price channel and right now it have completed its 50% weekly correction. Daily Stochastic is trying to pullback from a horizontal supportive region.
Buy above 66.85 and average it out till 65.08 with target at 75.00 and 77.60 (with extension towards 85.71 on long term bases.)
Weekly Chart with Supports and Resistances:
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