Robi Axiata PLc

ROBI

136
Current Position & Outlook
The price is currently inside Supply Zone 1 (31–33 BDT), which presents a dilemma:

Bearish Near-Term Scenario (green arrow projection): The chart suggests the price may reject from this supply zone and decline back toward the Buy Zone (~28.50). This would mean:

A retest of the upward trendline support
A potential shakeout to accumulate more buyers
An ~11-13% downside from current levels
Long-Term Bullish Target: After a potential dip, the projection shows a strong rally toward Supply Zone 2 (~38–42 BDT) — representing a potential 25-35% upside from the buy zone.

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