MARI Petroleum Company Ltd (PSX) Buy Idea

125
✅ Buy Idea Summary
Symbol: MARI
Timeframe: Daily
Current Price: 652.96

📊 Analysis & Plan
Context:
Price has bounced from a higher-timeframe demand zone (highlighted in blue) and is currently forming a bullish structure.

Key Observations:

Swing Failure Pattern near top (distribution clue).

Liquidity Pool marked at 720 — likely target for short-term buy-side liquidity.

Strong bullish reaction after price tapped near the low of the previous range.

🛒 Entry:
At/around: 652.96 (Post price).

🎯 Target Levels:
TP1 (Partial/Intraday): 720 (Liquidity Zone)

TP2 (Major Target): 829.88

TP Final: 900.23

🛑 Stop Loss:
Below 539.13 (last swing low and structural invalidation)

📥 Reinforcement Buy Zone:
Blue Demand Area (around 460–500):
“If I got here, I will look to buy more.”
→ A key reaccumulation area if price revisits.

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