Pakistan State Oil (PSO) is trying to sustain above 300 level.
It is hovering around the buy zone, between 334 and 322.
The stop loss would be a closing below the 300 level.
Initial resistance is between 365 and 370. If it closes above the 380 level, then 420 will be the next resistance.
For short-term investors, the profit-taking area is between 455 and 465.
For long-term investors, the target is between 570 and 580.”
Disclaimer
Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are inherently risky.
“Long-term target prices take a long time to achieve.”
On 20-02-2025, Lotte Chemical Pakistan Limited (LOTCHEM) disclosed the following material information.
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