Mari Energies Limited
Long

MARI

354
PSX MARI :: Day Level

📈 MARI Trading Recommendation
Current Market Price (CMP): PKR 685
💎 Bullish Bias: BUY & HOLD
✅ My clear view: MARI is a strong buy for long-& Mid term investors. Fundamentals are solid, and the recent dividend announcement strengthens the positive outlook.

💹 Long-Term Investors:
Enter at the current price for early entry and hold for very strong returns.
Support Levels for Accumulation (if price dips):
🔹 654 (immediate support; key level after breaking smaller range Jan–Sep 2025)
🔹 643
🔹 620
🔹 610

This allows accumulating MARI at discounted prices while maintaining a bullish long-Mid term view.
📊 Technical Outlook:
Range Bound: Since January 2024, MARI has been trading in a broader range of 590–744.
Resistance: 723–744
Support: 590–612
Smaller Positive Range: 605–654, which has been positively broken.
654 now acts as key support.

⚡ Intraday / Short-Term Traders:
Monitor daily price action carefully. Not recoomended for intraday Trading but can manag as per below:
Rule: Do not hold if the price closes below 654 with a bearish candle on the daily chart.
A break below may lead to pullbacks toward 643–610.
Target TP1: 723 TP2: 744

Pattern: Formation of a bullish flag indicating potential upward movement.

✅ Summary:

Long-Mid term: Buy & hold 💎
Short-term: Watch 654 closely ⚡
Market sentiment favors upward movement, making MARI attractive for both accumulation and swing trading.

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