Bullish on All Time Frames.Bullish on All Time Frames.
Immediate Support seems around 34.50 - 34.80
Weekly Closing above 35.10 will trigger more
positivity targeting 37 initially.
Crossing 38.20 may lead it towards 42 - 43
−4.39 PKR
4.06 B PKR
305.54 B PKR
397.75 M
About PAKISTAN REFINERY LTD
Sector
Industry
CEO
Zahid Mir
Website
Headquarters
Karachi
Founded
1960
ISIN
PK0004701014
FIGI
BBG000BKBTY9
Pakistan Refinery Ltd. engages in the production and sale of petroleum products. It includes furnace Oil, high speed diesel, kerosene oil, jet fuel, and motor gasoline. The company was founded in May 1960 and is headquartered in Karachi, Pakistan.
AB=CD Pattern with Bullish Flag: Key Fibonacci Levels in Play!It could be an example of a Bullish Flag.
Why am I posting it?
The reason is to show an example of the AB=CD Pattern, and it currently respected the 61.80% Fibonacci level at 22.17.
If it breaks the 61.80% level on a closing basis (Keeping in mind, it's a Weekly Chart :-) ), it could drop to 18
Making HH HL on Daily TF.
38.30 can be an Immediate Support level.
However, 35 - 37 is still an Important Support zone.
On the flip side, 41 - 42 is the immediate
Resistance. Ultimate Targets can be around 50.
30 should not be broken, otherwise we may
witness Trend Reversal.
Bullish Trendline Support with Potential Upside Towards PkR27The price recently touched a support level near PkR23, aligned with a rising trendline (orange). Several zones are marked, including potential supply zones (red) around PkR27-29 and a demand zone (green) at PkR22. A forecasted price projection (green line) indicates potential upward movement, possib
PRL could drop to 24 and 22 levelsChinese investment news was fake and today's results are negative. These both things hit it hardly, May be it drop to these support levels.
PRL - Trend ReversalPRL trend reversal based on divergence and formation of Higher High. Defined SL, Entry, TP1 and TP2.
Prl - Buy CallPrl - Buy Call
Entry price - Buy above at - 26.05
Stop loss - 21.50
Take profit - 30.40
PRL Bullish Based On Marketwide ActionTechnical Analysis: PRL - Buy Call
* Price Action: Consolidating above ascending trendline.
* Breakout: Potential uptrend above PkR25.55.
* Resistance: Initial at PkR28, intermediate at PkR30, major supply at PkR36.
* Moving Averages: Below 200-day SMA, above 50-day SMA.
* Momentum: Bullish
Bullish Divergence on Daily TF.
23.20 - 24 is a Confluence Support
Zone.
Immediate Resistance is 26 - 26.50
Crossing & Sustaining 26.50 may lead
it towards 30.
PRL is BULLISHPRL is bullish until it dos not sustain below 20
It can surely double and may triple the investment in one year.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PRL is 38.88 PKR — it has decreased by −4.73% in the past 24 hours. Watch PAKISTAN REFINERY LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange PAKISTAN REFINERY LTD stocks are traded under the ticker PRL.
PRL stock has risen by 5.22% compared to the previous week, the month change is a 46.50% rise, over the last year PAKISTAN REFINERY LTD has showed a 18.90% increase.
PRL stock is 7.38% volatile and has beta coefficient of 1.26. Track PAKISTAN REFINERY LTD stock price on the chart and check out the list of the most volatile stocks — is PAKISTAN REFINERY LTD there?
Today PAKISTAN REFINERY LTD has the market capitalization of 24.49 B, it has increased by 2.41% over the last week.
Yes, you can track PAKISTAN REFINERY LTD financials in yearly and quarterly reports right on TradingView.
PRL net income for the last quarter is −2.35 B PKR, while the quarter before that showed −1.21 B PKR of net income which accounts for −94.59% change. Track more PAKISTAN REFINERY LTD financial stats to get the full picture.
Yes, PRL dividends are paid annually. The last dividend per share was 2.00 PKR. As of today, Dividend Yield (TTM)% is 5.14%. Tracking PAKISTAN REFINERY LTD dividends might help you take more informed decisions.
PAKISTAN REFINERY LTD dividend yield was 8.62% in 2024, and payout ratio reached 31.02%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 25, 2024, the company has 284.00 employees. See our rating of the largest employees — is PAKISTAN REFINERY LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PAKISTAN REFINERY LTD EBITDA is 3.76 B PKR, and current EBITDA margin is 2.71%. See more stats in PAKISTAN REFINERY LTD financial statements.
Like other stocks, PRL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PAKISTAN REFINERY LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PAKISTAN REFINERY LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PAKISTAN REFINERY LTD stock shows the strong buy signal. See more of PAKISTAN REFINERY LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.