Key Observations:
Elliott Wave Count:
Currently, the stock is at the peak of wave (3), indicating that a short-term correction (wave 4) might be expected before the price resumes its uptrend toward wave (5).
48-50 PKR is a strong demand area for a potential bounce,If its Hold an upward move toward 62-65 PKR is expected in wave 5.
RSI It recently touched an upward trendline, indicating a potential overbought condition, possibly leading to a short-term correction.
Elliott Wave Count:
Currently, the stock is at the peak of wave (3), indicating that a short-term correction (wave 4) might be expected before the price resumes its uptrend toward wave (5).
48-50 PKR is a strong demand area for a potential bounce,If its Hold an upward move toward 62-65 PKR is expected in wave 5.
RSI It recently touched an upward trendline, indicating a potential overbought condition, possibly leading to a short-term correction.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.