PAEL Pak Electron Ltd Intraday Analysis 2nd June 2020

Further Advance

Our Pivot: 23.80

Our Preference: Start buying PAEL from current price and average it out till 24.00 with strict stop loss of 23.80 and profit target at 25.00 with extension towards 25.80.

Alternate Scenario: Downward penetration of 23.80 will call for 23.00 & 22.60.

NOTE: PAEL have given a breakout of its daily triangle in upward direction and right now its moving towards expansion of said triangle

Daily chart with supports and Resistances:

PAEL 24

Overview

Quick Snapshot

Free Float

248,840,743

O/S Shares

497,681,485

Market Cap. (m)

0.00

Var Value

14.50

Hair Cut

17.50

Last Price

21.30

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	20.65	20.00	19.47
Resistances	21.83	22.36	23.01

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

1.86

11.27

QTD Price Return

1.86

11.27

3M Price Return

-0.45

-2.39

6M Price Return

-5.03

-21.50

9M Price Return

-11.90

-39.33

YTD Price Return

-1.36

-6.90

1Y Price Return

-11.99

-39.51

3Y Price Return

-1.30

-6.61

5Y Price Return

-60.36

-76.68