NCL Nishat Chunian Limited Analysis 01 March 2016

Rebound Insight

Our Pivot: 28.25

Our Preference: Start buying NCL above 32.68 and average it out till 31.60 with strict stop loss of 28.25 and profit target at 37.75 with extension towards 39.

Alternate Scenario: Downward penetration of 28.25 will call for 26.

NOTE: NCL is getting support from a rising trend line along with its yearly 61.8% Correction and a horizontal supportive region. Weekly Stochastic have generated a crossover which indicates a start for a bullish run.

Recommendations: Buy above 32.68 and average it out till 31.60 with target at 37.75 and 39.

Weekly Chart with Supports and Resistances:

NCLW01032016

NCL 10

Overview

Quick Snapshot

Free Float

108,053,563

O/S Shares

240,119,029

Market Cap. (m)

0.00

Var Value

14.00

Hair Cut

25.00

Last Price

35.70

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	34.57	33.43	32.87
Resistances	36.27	36.83	37.97

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

1.95

3.87

QTD Price Return

1.95

3.87

3M Price Return

2.56

5.15

6M Price Return

8.31

18.89

9M Price Return

-1.88

-3.47

YTD Price Return

6.31

13.72

1Y Price Return

6.30

13.69

3Y Price Return

6.81

14.97

5Y Price Return

2.20

4.39