Pakistan Cables PSX Buy IdeaPakistan Cables PSX Buy Idea
Trenline Breakout with Volume.
Cost average with 2nd buy if retest.
PCAL trade ideas
PCAL – INVESTMENT BUY CALL | 09 JULY 2025PCAL – INVESTMENT BUY CALL | 09 JULY 2025
Pakistan Cables Limited (PCAL) has completed a rare 7-year farming and scale-up formation. A major breakout occurred in December 2024, followed by a sharp rally to Rs. 218. The recent pullback appears structurally complete, and the stock is now poised for a major upward move with long-term potential.
📌 Execution Strategy:
Caution: Please buy in 2–3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect gains as the trend develops.
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