PAEL Pak electron short term analysis 21st Jan. 2021

Further Advance

Our Pivot: 36.00

Our Preference: Start buying PAEL from current price and average it out till 37.80 with strict stop loss of 36.00 and profit target at 47.95 and 49.00.

Alternate Scenario: Downward penetration of 36.00 will call for 33.70.

NOTE: PAEL is moving in a bullish price channel on weekly chart and right now its heading towards resistant trend line of that channel after completion of its bullish correction.

Chart with supports & 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

34.64

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	34.36	34.09	33.62
Resistances	35.10	35.57	35.84

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