IPAK LONG TRADEIPAK LONG TRADE
IPAK has been in downward channel since its inception in PSX. If it breaks and closes above 22.1, it will cause CHoCH to Bullish. Buying is at CP and Buying Zone as below. Targets have been calculated through measured move.
🚨 TECHNICAL BUY CALL –IPAK 🚨
🎯BUY1: Rs. CP(22.25) and 21.1-22.1
📈 TP1 : Rs. 24.1
📈 TP2 : Rs. 26.3
🛑 STOP LOSS: BELOW Rs. 20 (Daily Close)
📊 RISK-REWARD: 1:5
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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