EXIDE PAKISTAN LTD. in PSX
Exide Pakistan Ltd. Chart Analysis
Current Trend: Moving within a channel
Support Levels: 880 to 866 area
Resistance Levels: 1020 to 988 area
Stop Loss: 820
Long-Term Outlook: Forming a bullish flag pattern
Visual Representation:
| 1020 |------------------ Resistance
| |
| 988 |------------------ Resistance
| |
| |
| 880 |------------------ Support
| |
| 866 |------------------ Support
| |
| 820 |------------------ Stop Loss
Summary:
Support: The stock is finding support in the 880 to 866 area, indicating a strong buying interest at these levels.
Resistance: The resistance zone is between 1020 and 988, where selling pressure might emerge.
Stop Loss: Setting a stop loss at 820 helps manage risk in case the stock moves against the expected trend.
Bullish Flag: In the long run, Exide Pakistan is forming a bullish flag pattern, which is typically a continuation pattern indicating potential upward movement after a period of consolidation.
Current Trend: Moving within a channel
Support Levels: 880 to 866 area
Resistance Levels: 1020 to 988 area
Stop Loss: 820
Long-Term Outlook: Forming a bullish flag pattern
Visual Representation:
| 1020 |------------------ Resistance
| |
| 988 |------------------ Resistance
| |
| |
| 880 |------------------ Support
| |
| 866 |------------------ Support
| |
| 820 |------------------ Stop Loss
Summary:
Support: The stock is finding support in the 880 to 866 area, indicating a strong buying interest at these levels.
Resistance: The resistance zone is between 1020 and 988, where selling pressure might emerge.
Stop Loss: Setting a stop loss at 820 helps manage risk in case the stock moves against the expected trend.
Bullish Flag: In the long run, Exide Pakistan is forming a bullish flag pattern, which is typically a continuation pattern indicating potential upward movement after a period of consolidation.
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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.