🚀 Stock Alert: PABC 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range : 65-65.50 🎯 First Targets : 67.50 🎯 Second Targets : 72.50 ⚠ Stop Loss: 62.50 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: *PABC* is currently pulled back from 200 day EMA overall momentum is bullish....
PABC toward to test 74-75 level, short term traders can exit there, long term can stay to see the volume at resistance level as it could break that 75 barrier
PABC has been in a trending phase since few months and although bears forced a correction, the price still did not dip below previous higher low, which indicates that bulls are still in control of the price action. It is looking good for a bullish rally which could take the price close to 100. Targets are mentioned on the chart.
Buy1 around 66.50 - 67.60 | Sell around 69 - 70 Buy2 around 64.50 - 64.60 | Sell around 66 - 67 Stoploss 60 (Closing basis)
1.Price takes support from mid of the channel (57.53) and breaks the Channel. Achive Fib extension level 1.618. 2.IF the price consolidates above 69.59 price level next TP would be Rs.95