PIOC Breaks Above Previous Resistance

Posted by: Hafsa Talpur 0

PIOC Breaks Above Previous Resistance

Pioneer Cement Limited (PIOC) is breaking above its previous major resistance level of 300, signalling the continuation of its bullish trend.

Accumulate from 302- 280

For the short term, the profit-taking area is between 312, 320, and 330.

For long-term investors, the targets area 360 and 430.

If the price closes below 265 on the daily time frame, the bullish trend could be disrupted

Disclaimer
Always take trades with your own risk appetite.
Before taking any trade, do your own research first.
Financial markets are inherently risky.

Long-term target prices take a long time to achieve

 

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →

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