Pakistan Petroleum Limited has given a long-range breakout and is now holding above the breakout zone. Recent price action shows a *successful retest followed by a bounce*, indicating strength.
Additionally, a gap zone below provides a low-risk accumulation area for positional traders.
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### 🔹 Trade Plan
Buy 1 (CMP): ~230–233 (small position)
Buy 2 (Dip): Around 220
Buy 3 (Gap Zone): 208 – 213 (strong accumulation zone)
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### 🎯 Targets
TP1: 244
TP2: 264
Channel Top: 280
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### ⚠️ Risk Management
* This is a positional / swing setup, patience may be required
* If price closes below 200, structure will weaken → reassess position
* Avoid full position at once — use average strategy
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### 📌 Notes
* Breakout + retest confirms bullish structure
* Gap zone acts as strong demand
* Suitable for traders who can *hold through short-term volatility*
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Trade with discipline — let the structure play out.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.