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PAKRI Pak Reinsurance Mid-Term Analysis 10 March 2016

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Rebound Insight

Our Pivot: 27

Our Preference: Buy PAKRI above 29.84 and add averages till 28.80 with strict stop loss of 27 and profit target at 33.64 and 34.70 with extension towards 36.50.

Alternate Scenario: Downward penetration of 27 will call for 24.90.

NOTE: PAKRI is getting support from a rising trend line along with supportive trend line of its mid-term bearish trend channel. Weekly Stochastic and MAORSI are also in reversal mode.

Recommendations:

Buy above 29.84 and average it out till 28.80 with target at 33.64 and 34.70.

Weekly Chart with Supports and Resistances:

PAKRIW10032016

PAKRI 4
Overview
Quick Snapshot
Free Float

75,000,000

O/S Shares

300,000,000

Market Cap. (m)

0.00

Var Value

21.50

Hair Cut

27.50

Last Price

11.35

Price Adjusted
52 Weeks Range

52w Low

52w High
Intraday
Pivots
Level 1st 2nd 3rd
Supports11.2011.0610.94
Resistances11.4611.5811.72
Adjusted
Price Performance
Time Frame
Price Ch
%Ch
MTD Price Return
9.75
43.82
QTD Price Return
9.75
43.82
3M Price Return
10.00
45.45
6M Price Return
9.68
43.37
9M Price Return
8.10
33.89
YTD Price Return
9.60
42.86
1Y Price Return
5.67
21.53
3Y Price Return
5.00
18.52
5Y Price Return
-14.00
-30.43

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