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SPEL a short-term trade setup with strong risk to reward

SPEL Technical Analysis
Posted by: Hafsa Talpur 0 Post Date: March 11, 2025

SPEL a short-term trade setup with strong risk to reward

Synthetic Products Enterprises Limited (SPEL) has started gaining momentum after a significant correction.

Accumulation can be done within the range of 39.50–38.30

Do not hold if the price closes below 37 on the daily time frame

Profit taking areas: 42, 44, and 47

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I am a technical chart expert with extensive experience in the Pakistan Stock Exchange, specializing in analyzing market trends and helping traders make informed decisions through technical analysis Visit my Instagram channel here:Simple Market PSX

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