AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke its all time previous high level 159.
Its weekly market structure gives us a good indication of continuous of trend.
The month of December is closing month, which might give good dividend the result yet awaits.
And it’s an investor scrip because of its strong balance sheet.
Never take position against the trend.
Look at this daily channel. From 174 – 157 is good accumulation areas.
If it closes below 146 trends would change.
Also securing profit at different level wise could be the strategy.
Securing areas (183 – 200- 210 – 220- 235)
Sell half and hold half. In my opinion 255 – 260 could be a good profit taking range. If trend remains the same
“Long-term target prices take a long time to achieve.”
Disclaimer
Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are inherently risky.
For more queries you can contact me on my instagram page Simplemarket11
On 20-02-2025, Lotte Chemical Pakistan Limited (LOTCHEM) disclosed the following material information.
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