Targets:
160.59 PKR — This is the first key resistance level and a clear target, where the price might face selling pressure.
195.91 PKR — Major upper target or longer-term resistance zone, if the momentum continues.
💪 Supports:
95.33 PKR — Strong historical support, price has bounced from this level before.
Around 135-138 PKR — This area, marked by the blue trendline, is acting as dynamic support as the price respects the upward trend.
📊 RSI Insight:
RSI is at 62.38, which is heading toward the overbought zone but still has room for upside.
Watch for an RSI break above 70 for overbought or below 50 for potential weakness.
The chart shows a bullish breakout above minor resistance, approaching 147 PKR now. If it sustains above this, 160.59 looks like the next pit stop.
160.59 PKR — This is the first key resistance level and a clear target, where the price might face selling pressure.
195.91 PKR — Major upper target or longer-term resistance zone, if the momentum continues.
💪 Supports:
95.33 PKR — Strong historical support, price has bounced from this level before.
Around 135-138 PKR — This area, marked by the blue trendline, is acting as dynamic support as the price respects the upward trend.
📊 RSI Insight:
RSI is at 62.38, which is heading toward the overbought zone but still has room for upside.
Watch for an RSI break above 70 for overbought or below 50 for potential weakness.
The chart shows a bullish breakout above minor resistance, approaching 147 PKR now. If it sustains above this, 160.59 looks like the next pit stop.
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.