RPL - PSX - Buy CallRoshan Packages Ltd on daily time frame, has experienced SMA 21 (blue) crossing over SMA 200 (yellow) - which is also known as Golden Cross. When this happens prices tend to move very sharply. One can Buy here at CMP however, technically very correct entry would be on crossing the Resistance nearby at 19.65.
RSI indicator also suggest that sentiments are going bullish steadily; however, KVO is suggesting a likely reluctance as volumes have dropped down.
Trade Values
Buy-1: 19.09 (CMP)
Buy-2: 19.65 (technically even better)
SL: 18.00
TP-1: 22.00
TP-2: 24.00
