PAEL - PSX - Daily - Technical AnalysisPAEL is in sideways zone. It has established a support zone at Fib 38.20% by bouncing twice from there. Another dip is quite possible. Resistance zone is quite large and it is expected that it may take a month to break across it.
Therefore, Buy on dip will be the way to go.
Trade Values
Buy-1: 38.11
SL: 36.80
TP-1: 43.49
Buy-2: 46.61
SL-2: 43.20
TP-2: 57.10
TP-3: 59.24