Sunday, 18 July 2010

Shirjeel Bhai this is for you - DGKC

Sir

Finally good days for you. the DGKC will make a little DIP up to 25 the rally seems to be intact targeting at 35. Please if you want to close at this point close  your position and get out of this scrip.

There will be some resistance at 29 and finally at 35 after that clean way is seen up to 42. Its up to you you keep it or close it. 

Technically the the price has break the 55 and 20 days SMA plus a MACD signal line cross over is also made so we see a powerful buying in this scrip last high is also made in the August of 2009. So we will probably see the high in the up coming month.

The price break of 23 get out of the market.

Regards
Sheikh Sheraz Ali 

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