POL Pak Oilfields Analysis 02 May 2014
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Upside Prevails
Our Pivot: 517
Our Preference: Buy above 526 and add averages till 523 with strict stop loss of 517 and profit target at 549 and 559
Alternate Scenario: Downward Penetration of 517 will call for 491.
NOTE: POL have fulfilled its weekly 61% Correction and is getting support from weekly double bottom along with a supportive trend line so its recommended to start buying in POL on given levels.
Recommendations:
Buy above 526 and add averages till 523
Weekly Chart with Supports and Resistances:
3 COMMENTS
John 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.Diana Doe
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