PAEL PakPak Elektron Ltd Short-Term Analysis 28 Sep. 2016

Further Advance

Our Pivot: 68.02

Our Preference: Start buying PAEL from current price and average it out till 69.70 with strict stop loss of 68.02 and targets at 73.71 and 75.08.

Alternate Scenario: Downward penetration of 68.02 will call for 67.02 and 65.05.

NOTE: PAEL is getting support from supportive trend line of its bullish trend channel along with a horizontal supportive region. Weekly Stochastic have generated a crossover and right now its ready for a short term pull back.

Recommendations:

Start buying from current price and average it out till 69.70 with target at 73.71.

Weekly 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

51.78

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	50.94	50.09	49.35
Resistances	52.53	53.27	54.12

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