Stock Summary: DFML closed at 46.13 and currently holding above the 50-day SMA on the daily chart. The stock tested downward trendline two sessions back and successfully closed above it. DFML is currently trading 41.50% higher then its 200-day moving average, indicating an upward trend.
Recommendation: Initiate buying positions on weakness or when it approaches the support zone and set stop losses below PkR 44.44 to manage risk effectively.
Recommendation: Initiate buying positions on weakness or when it approaches the support zone and set stop losses below PkR 44.44 to manage risk effectively.
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.
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.