PAK ELEKTRON LTD
Long
Updated

PAEL | Parallel Channel

293
🚀 Stock Alert: PAEL

📈 Investment View: Technically Bullish 📈

🔍 Quick Info:
📈 Entry Range: 25.50-25.70
🎯 First Target : 27.80
🎯 Second Target : 29.60
⚠ Stop Loss: 24.50
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: NO
📰 Technical View: The price action is testing its parallel channel support. Pull back is anticipated from this level. Initial target of the stock is around 27.80. Upon break and sustain condition second target at the test of upper channel is around 29.60. Use stop loss at 24.50 to manage risk.
Trade active
Note
🚀🚀

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.