PIBTL Pakistan Int. Bulk Terminal Limited short term analysis 11th Dec. 2020

Further Advance

Our Pivot: 12.00

Our Preference: Start buying PIBTL above 13.18 and average it out till 12.50 with strict stop loss of 12.00 and profit target at 14.20 with extension towards 15.00 and 15.40.

Alternate Scenario: Downward penetration of 12.00 will call for 11.60 and 11.03.

NOTE: PIBTL is moving in a bullish price channel and right now its heading towards breakout of its triangle inside that channel after a correction.

Chart with supports & resistances:

PIBTL 6

Overview

Quick Snapshot

Free Float

893,046,386

O/S Shares

1,786,092,772

Market Cap. (m)

0.00

Var Value

14.50

Hair Cut

17.50

Last Price

13.55

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	13.05	12.55	12.25
Resistances	13.85	14.15	14.65

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

0.50

7.87

QTD Price Return

0.50

7.87

3M Price Return

-0.55

-7.43

6M Price Return

-1.67

-19.60

9M Price Return

-5.05

-42.44

YTD Price Return

-0.51

-6.93

1Y Price Return

-3.16

-31.57

3Y Price Return

-2.06

-23.12

5Y Price Return

-19.12

-73.62