PPL Pakistan Petroleum Limited Intraday analysis 15th Feb. 2021

Rebound Insight

Our Pivot: 88.00

Our Preference: Start buying PPL from current price and average it out till 89.70 with strict stop loss of 88.00 and profit target at 92 with extension towards 93.80.

Alternate Scenario: Downward penetration of 88.00 will call for 85.60.

NOTE: PPL is moving inside a descending wedge on hourly chart and its getting support from supportive trend line of said wedge along with a strong horizontal supportive region.

Chart with supports & resistances:

PPL 16

Overview

Quick Snapshot

Free Float

666,184,610

O/S Shares

2,147,483,647

Market Cap. (m)

0.00

Var Value

13.00

Hair Cut

17.50

Last Price

90.17

Price Adjusted

52 Weeks Range

52w Low

52w High

Intraday

Pivots

Level	1st	2nd	3rd
Supports	89.61	89.06	88.11
Resistances	91.11	92.06	92.61

Adjusted

Price Performance

Time Frame

Price Ch

%Ch

MTD Price Return

2.91

3.93

QTD Price Return

2.91

3.93

3M Price Return

-3.72

-4.62

6M Price Return

-0.13

-0.17

9M Price Return

-9.49

-10.99

YTD Price Return

-2.37

-2.99

1Y Price Return

-8.42

-9.87

3Y Price Return

-70.62

-47.88

5Y Price Return

-37.97

-33.06