MARI Technical Analysis

Currently, the market has tested a daily support trendline with a big inefficiency.
The secondary trendline is also broken on the daily timeframe, and the market trades above that trendline.

There are Equal Highs on a 15M timeframe, which is at 660rs.
Still, there is a liquidity below 648; afterwards, there is a bullish engulfing.
Stoploss can be seen around 345 for the short term.

⚠️ 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 →

📢 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)