BNL - Buy Call
Stock Summary: In the most recent trading session, BNL closed at PkR13.50. The stock tested an upward trend line in the previous trading session and successfully closed above it. BNL is currently trading below 200-period moving average. The volume indicator shows an increase, indicating a positive stance.
Recommendation: Initiate buying positions on weakness or near the support zone and set stop loss below PkR12.83. Initial target is at 13.92 and secondary target is at 14.33
Stock Summary: In the most recent trading session, BNL closed at PkR13.50. The stock tested an upward trend line in the previous trading session and successfully closed above it. BNL is currently trading below 200-period moving average. The volume indicator shows an increase, indicating a positive stance.
Recommendation: Initiate buying positions on weakness or near the support zone and set stop loss below PkR12.83. Initial target is at 13.92 and secondary target is at 14.33
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.