On the monthly time frame, NetSol Technologies Limited (NETSOL) has a history of boom and bust cycles
The weekly chart tells a unique story. The way it’s hovering suggests it might retest its previous all-time high of 304, though it may or may not break it.
On the daily time frame, it is in the accumulation phase, with the 142-135 range being a very good buy zone.
A trend change would occur if it breaks the 124 level and closes below it on the daily time frame.
Its current small profit-taking zones are 150, 158, 165, and 170.
However, if it closes above 205, the new rally could lead it toward 280-300
Disclaimer
Always take the trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are inherently risky.
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