PTC Pakistan Telecommunications Company Analysis 25 June 2013

Upside Prevails

Our pivot: 17.67 Our Preference: Start Buying PTC above 19.50 area with a strict stop loss of 17.67 and profit target at 23.27 and 25.07 with extension towards 26.67 NOTE: PTC is moving in an upward trend channel on weekly basis and is heading towards 24.39 on mid term basis. Right now its in correction mode and can touch 20.99 for fullfilling its correction. Recommendations: For New Entries (Start Buying 19.50-20.00 area) Weekly Chart with Supports and Resistance: PTC25062013

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John Doe

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Peter Doe

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