The chart suggests that Murree Brewery might be in a corrective phase after a strong rally. The key levels to watch are the 50% (PKR 411.97) and 61.8% (PKR 370.20) Fibonacci retracement levels, which are potential support zones. If these levels hold, the stock could resume its upward trajectory, targeting PKR 588.00.
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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.