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GUL AHMED TEXTILE MILLS LTDGUL AHMED TEXTILE MILLS LTDGUL AHMED TEXTILE MILLS LTD

GUL AHMED TEXTILE MILLS LTD

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GATM trade ideas

GATM🚀 Stock Alert: *GATM* 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Range: 20-20.50 🎯 First Targets : 21.50 🎯 Second Targets : 23.00 ⚠ Stop Loss: 18.80 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: YES 📰 Technical View: Following a rebound from the support level of 19, the price is presently trading around 20, indicating a potential accumulation phase. Initial resistance is anticipated at 21.50, with a secondary resistance at 23. To manage risk, it is advisable to set a stop loss below the previous low, approximately around 18.80.
PSX:GATMLong
by mbaberhanif
GATM We are Witnessing a Breakout Gul Ahmed Textile Mills Ltd. is a prominent plays in textile sector. It posted a high price of 21.40 in the last days of May 2023. Afterwards the prices have been declining. From the middle of September it started gaining the momentum. Start of November witnessed sharp rise in the price and intraday breach of previous high. After few days it crossed over the same hurdle but with more zeal. Albeit it couldn't sustain the closing above but the healthy volume suggest it is a matter of time only. We believe this time we may see a hyper move in the price. Have a profitable trading.
PSX:GATMLong
by usufgul