TGL Tariq Glass Limited Analsis 08 March 2016
Further Advance
Our Pivot: 54.21
Our Preference: Start buying TGL above 59 and average it out till 56.53 with strict stop loss of 54.21 and profit target at 67.05 and 69.
Alternate Scenario: Downward penetration of 54.21 will call for 50.05.
NOTE: TGL is getting support from a horizontal supportive region along with its 100 weeks moving average. Weekly stochastic and MAORSI are also ready for a crossover.
Recommendations: Start buying above 59 and average it out till 56.53 with target at 67.05.
Weekly Chart with Supports and Resistances: 
TGL 3
Overview
Quick Snapshot
Free Float
29,383,200
O/S Shares
73,458,000
Market Cap. (m)
0.00
Var Value
18.50
Hair Cut
30.00
Last Price
29.84
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 29.62 | 29.41 | 29.07 | Resistances | 30.17 | 30.51 | 30.72 |
|---|
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
0.60
0.48
QTD Price Return
0.60
0.48
3M Price Return
10.90
9.44
6M Price Return
36.30
40.29
9M Price Return
21.80
20.84
YTD Price Return
19.00
17.69
1Y Price Return
41.40
48.71
3Y Price Return
73.07
137.01
5Y Price Return
68.13
116.92