LOTPTA further Upside
Our Prefrence: Buy above 8..09 with traget at 8.51 and 8.76 with extention towards 9.10
Alternative Scenario: Downward breakage of 8.09 will call for 7.45 and 7.10.
NOTE: on intraday bases LOTPTA can be bought as long as 8.09 is sustained as support with tragets at 8.51 and 8.76. Today LOTPTA is going to face a short term resistance at 8.51 but closing above 8.51 will call for a further upside move till 8.76 in next trading sessions.
NOTE 1: (MID Term) LOTPTA is comming back from 7.10 after fullfilling its 50% correction of price cycle 8.09, and now will move towards 8.76 and 9.10 for expention of above said correction. we are in long of LOTPTA since 7.10 for refrence have a look on our previous report on LOTPTA Intraday bases on this link /kse-analysis/lotpta-lotte-pta-pakistan-intraday-analysis-04-march-2013/
Intraday Supports and Resistance:
| Yesterday's High |
Yesterday's Low |
Yesterday's Close |
Yesterday's Volume |
| 8.10 |
7.72 |
8.05 |
1521500 |
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John Doe
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