"FFBL" Fauji Fertilizer Bin Qasim Mid Term Analysis

FFBL

"FFBL" Fauji Fertilizer Bin Qasim Downside Pervails but short term chance in buying can be availed Our Prefrence: Short term buy as long as 38.56 is support with target at 39.10 and 39.70 Alternative Scenario: Downward breakage of 38.56 can push FFBL towards 36.95 and 36.00 NOTE: FFBL is under pressure until it closes above 39.70 as its taking reversal after filling its gap and from its history its clear that it plays with gaps strategy which confirms that it can take short time reversal from 38.56 towards 39.10 and 39.70 for retesting its resistance leve of gaps strategy Two days back it have given a evening star in daily candle so its moving downward now. but at 38.56 it will get a support from a trend line which is pushing back to bullish trend since December 2012. Breakage of 38.56 can push it to a dangerous zone of 36.95 and 36.00 and further long bearish trend,      

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John Doe

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Diana Doe

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Melissa Doe

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Peter Doe

June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.

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