PAKISTAN REFINERY LTD
Long

PRL-Sideways triangle pattern forming on the 1D time frame

The stock looks like in a sideways triangle pattern. In case we see a few volume spikes on the daily basis, we can hope for an upward break towards our TP1 of rs. 29.04. Sustaining above that could give us a weekly break out and TP2 of rs. 30.79.

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