Pakistan Petroleum Limited
Short
Atualizado

PSX:PPL

239
#PSX: #PPL #SELL

Index around 177K, and stock around 244.

Its time to book profit, in the stock. The trend is likely to change.

OGDC and PPL are highly correlated, therefore likely to move in tandem.

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Urdu translation;

انڈیکس تقریباً 177,000 پر ہے، اور اسٹاک تقریباً 244 پر۔
اب وقت ہے کہ اس اسٹاک میں منافع بک کیا جائے۔
رجحان ممکنہ طور پر تبدیل ہونے والا ہے۔
OGDC اور PPL آپس میں بہت زیادہ مربوط ہیں، اس لیے امکان ہے کہ دونوں ایک ساتھ حرکت کریں۔
Trade ativo
#PSX # PPL #COVER SHORTS /REDUCE THE POSITION SIZE

Broader Index

Support level broken
Strong bearish close today
Negative momentum increased
Negative trend becoming strong

PPL

As expected downward move – From 243.50 – to 213.20 Rs. Down by 30 Rs.
support level at 213 being tested.

Projection / Analysis: It is further going to trend down


Recommendation : one can choose to close or reduce its short position.

Aviso legal

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