An opportunity in Kohat Cement (KOHC)

Kohat Cement Company Limited (KOHC) is in a downtrend on the daily time frame and is facing immediate trendline resistance if it gives a breakout and sustains above the trend line.

We can consider having it to enjoy till its next Resistance of 425 to 440.
On the other hand, if it gives a breakdown of its trendline support then we’ll have a good zone to Buy it at 284 to 297.

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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 →