PSX_DLY:EPCL   ENGRO POLYMER & CHEMICALS LTD
πŸš€ Stock Alert: EPCL

πŸ“ˆ Investment View: Technically Bullish πŸ“ˆ

πŸ” Quick Info:
πŸ“ˆ Entry Level: 43.30
🎯 Target Level: 45.50
⚠ Stop Loss: 42.20
⏳ Nature of Trade: Short Term (Scalping)
πŸ“‰ Risk Level: Medium
β˜ͺ Shariah Compliant: YES
πŸ’° Dividend Paying: YES
πŸ“° Technical View: The current price movement is evaluating a support level, coinciding with the observation of a Doji candlestick pattern, traditionally interpreted as indicative of a potential reversal in market direction. Furthermore, the Relative Strength Index indicates an oversold condition. Consequently, a strategic assessment suggests contemplating a long position entry point at the resistance level of 45.50.
Trade active
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.