INIL ready to seize the opportunity.

International Industries Limited (INIL) is giving an opportunity to gain 10% to 20% capital gain.

Look at the monthly chart it is still in the bullish market structure.

Trend change or (SL) should be considered at 170 Daily closing base level.

📢 Announcement: We're on WhatsApp – Join Us There! 

Here's what you get:

• Member-Only Discussion Community
• Research Reports with Explanations & Expert Views
• Access to Exclusive KSEStocks Market Reports
• Model Portfolio with Clear Investment Rationale
• Monthly Portfolio Review & Health Check
• On-Demand Stock Coverage Requests
• PSX Facilitation (CDC Account, Share Transfer, Physical Conversion)

Till then enjoy the ride, nothing is worrisome.

INIL in next week if it remain in the area of 183 to 174.

Try to accumulate it for good capital gain.

Don't miss:

• Which cars are driving the rally in auto stocks?
• Is DGKC going to Rs. 240?
• Why TPLP could go higher.

It is also fundamentally strong company and has result in Thursday, August 22, 2024

Daily time frame is good to watch for entry/exit in h4 or h1.

INIL daily chart is clearly saying, it is in an uptrend and preparing for further upward movement.

Sell half and hold half is a good idea, Securing profit should be priority on level wise 188- 193- 197- 200 – 210

RSI (relative strength index) is also turning up from level of 30.

Disclaimer

Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are very risky, you need to learn to earn.

For more queries you can contact me on my instagram page Simplemarket11

⚠️ 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 →