PAKRI Pakistan Reinsurance Company Analysis 26 June 2013
PAKRI 27.33 insight
Our Pivot: 19.26
Our Preference: Buy above 20.95 or buy above with strict stop loss of 19.26 and profit target at 23.88 and 26.76 with extension towards 27.33
Alternative Scenario: Downward penetration of 19.26 will call for 15.83
NOTE: PAKRI is getting support from its weekly bullish channel and is going to take a reversal towards 23.88 in short term and towards 27.33 on mid-term bases. It have came back after retesting its resitantce of same trend channel, so its recommended to buy PAKRI to take benifit of its short term price move.
Recommendations:
For New Entries ( buy 20.95 )
Existing buyers short term (Hold till 23.88 and 26.76.)
Weekly Chart with Supports and Resistance:
3 COMMENTS
John Doe
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June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Melissa Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Peter Doe
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