HTL
Updated
HTL - Buy Call
Stock Summary: HTL closed at PkR34.70 and suggests a potential bullish reversal. It’s approaching the lower Bollinger Band, indicating that the downside may be limited, while the William percentage indicator suggests that the stock is 70% oversold, indicating a reversal stance.
Recommendation: Initiate buying positions on weakness or near the support zone and set stop losses below PkR33.23 to manage risk effectively. Initial target is at 35.52 and secondary target is at 36.33
Stock Summary: HTL closed at PkR34.70 and suggests a potential bullish reversal. It’s approaching the lower Bollinger Band, indicating that the downside may be limited, while the William percentage indicator suggests that the stock is 70% oversold, indicating a reversal stance.
Recommendation: Initiate buying positions on weakness or near the support zone and set stop losses below PkR33.23 to manage risk effectively. Initial target is at 35.52 and secondary target is at 36.33
Trade active
Performing range bondTrade closed: target reached
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