CWSM - BULL FLAG BO, TARGETING: 74.00/-
CWSM - Currently trading in a bull flag pattern on weekly charts, with a prominent breakout confirming the resumption of a bullish rally towards the pole target at 74.00 in the days ahead. Initially, it may hit the 50% target at 58.00 levels. The immediate risk is defined below 31.70. Go long according to your risk appetite.
Note: The company is on the defaulter counter. Chakwal Spinning Mills has approved a merger with a tech firm.
Note: The company is on the defaulter counter. Chakwal Spinning Mills has approved a merger with a tech firm.
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