PTC Pakistan Telecommunication Analysis 30 August 2013 (Revised)
Rebound Insight
Our Pivot:22.57
Our Preference: Buy PTC Till with a strict stop loss of 22.57 and profit target at 26.63 with extension towards 29.12.
Alternative Scenario: Downward Penetration of 22.57 will call for 20.08
NOTE: PTC have generated a daily upward channel and right now is coming back to retest its supporting trend line, also 100 days moving average is going to support it for its short term bullish run.
Recommendations:
For New Entries (Buy above 24.50)
Daily Chart with Supports and Resistance:
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
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
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.LEAVE A COMMENT