Bullish Divergence:
The Relative Strength Index (RSI) at the bottom of the chart shows bullish divergence
This indicates potential upward momentum or trend reversal.
Safe Buying Zone:
The analyst suggests that buying is relatively safer near the lower boundary of the channel, where support has been confirmed.
Target Price (TP 11250):
The expected price movement is shown with an arrow, indicating a potential upward move towards the target price of 1,250 PKR.
The Relative Strength Index (RSI) at the bottom of the chart shows bullish divergence
This indicates potential upward momentum or trend reversal.
Safe Buying Zone:
The analyst suggests that buying is relatively safer near the lower boundary of the channel, where support has been confirmed.
Target Price (TP 11250):
The expected price movement is shown with an arrow, indicating a potential upward move towards the target price of 1,250 PKR.
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.
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.