PPL Pakistan Petroleum Limited short term analysis 27th Oct. 2020
Downside Prevails
Our Pivot: 90.50
Our Preference: Start short selling PPL from current price and average it out till 89.30 with strict stop loss of 90.50 and profit target at 85.00 and 83.50.
Alternate Scenario: Upward penetration of 91.00 will call for 93.50 and 96.
NOTE: PPL is being capped by two strong horizontal resistant regions and after completing its intraday correction its moving downward.
Hourly 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
Price Adjusted
52 Weeks Range
52w Low
52w High
Intraday
Pivots
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
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