KTML Kohinoor Textile Mills Limited Analysis 29 Feb. 2016
Upside Prevails
Our Pivot: 58.42
Our Preference: Buy above 63.58 and average it out till 61.02 with strict stop loss of 58.42 and profit target at 70.56 with extension towards 75.
Alternate Scenario: Downward penetration of 58.42 will call for 53.09.
NOTE: KTML is moving in an upward price channel and right now its getting support from a rising trend line along horizontal supportive regions.
Recommendations: Buy above 63.58 and average it out till 61.02 with target at 70.56
Weekly Chart with Supports and Resistances:
KTML 4
Overview
Quick Snapshot
Free Float
224,472,342
O/S Shares
299,296,456
Market Cap. (m)
0.00
Var Value
20.50
Hair Cut
27.50
Last Price
61.49
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 60.73 | 59.96 | 58.86 | Resistances | 62.60 | 63.70 | 64.47 |
|---|
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
5.11
8.24
QTD Price Return
5.11
8.24
3M Price Return
3.61
5.69
6M Price Return
-5.61
-7.71
9M Price Return
-9.90
-12.86
YTD Price Return
-3.37
-4.78
1Y Price Return
1.11
1.68
3Y Price Return
25.61
61.71
5Y Price Return
-32.66
-32.74