CEPB (Century Paper & Board Mills Ltd)-Bullish Setup-Swing Trade

117
Timeframe: Daily (1D)
Market: PSX

CEPB is showing a healthy pullback within an overall uptrend. Price has formed a Higher Low (HL) after a previous Higher High (HH), indicating continuation strength.

🔹 Entry:

Buy at current price or on dips within the highlighted demand zone (around 38.0 – 41.8)

🔹 Stop Loss (SL):

35.9 (below structure support)

🔹 Targets:

TP 1: 46.5 – 46.7 (previous high / resistance)

TP 2: 50.6 – 50.8 (next resistance zone)

🔹 Confirmation Factors:

Higher High – Higher Low structure intact

Pullback into demand zone

Volume contraction during retracement (bullish sign)

⚠️ Risk Management:
Trade with proper position sizing. This is a technical view only, not financial advice.

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