BFBIO is newly listed stock in PSX. Its fundamentals suggest that it can be a good stock. Moreover, its IPO value was 78. Subsequent to IPO continuous price rise is a very good sign for quick gains.
On 1h TF, RSI and Klinger also suggest a likely bull rally.
AB=CD pattern has been drawn to arrive to TP.
Trade Values
BUY: 145.50
TP: 198
SL: 134
On 1h TF, RSI and Klinger also suggest a likely bull rally.
AB=CD pattern has been drawn to arrive to TP.
Trade Values
BUY: 145.50
TP: 198
SL: 134
Trade closed: target reached
TP reached. Now price is upper capped at 198.23 . All those following this trade may load off a bit and book profit now or tomorrow at 205~210 . I then expect a dip of Rs 20 which will give a buying opportunity at discounted rates. All those who want to hold it for longer term should avoid selling. This stock is going to cross Rs 300 by end Mar 2025. It is going to yield around 5X in a year.
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.