NRL:PSX Bullish RunNRL-PSX is expected to continue it's bullish run on daily timeframe. It printed a cup and handle pattern with no divergence.
NRL trade ideas
NRL - TREND CONTINUATIONNRL HAS FORMED A CONTINUATIONAL PATTERN, bullish move is expected if it breaks the pole , long entry is recommendend then.
NRL (Intraday/Swing).NRLis in a bullish trend.
Accumulate at 294-299.
Sell at 310-313.
Sl At 291.
Rsi is bullish along with The ADX And DI+.
NRL is BullishNRL has broken previous lower high and printed a higher high, it will now print a higher low before moving to new highs. Targets are mentioned on the chart.
Trade Wisely242 - 243 is a Monthly Support Level that
should be Sustained on Monthly Closing
No Bearish Divergence Yet
Cup & Handle Formation - Re-testing of
Breakout Level Possible (around 247 - 248)
Quick TradeBuy1 around 274 - 277 | Sell around 285 then 301
Buy2 around 260 - 263 | Sell around 275 then 285
Stoploss 255 (closing basis)
NRL - BULLISH ABCDRefinery stock after breaking out from bearish trend printed a HH. After HH, it retraced till 0.61 Fib level and resumed upward trend. Its likely to complete its Bullish ABCD pattern target. Long positions may be looked for.
