Further Advance
Our Pivot: 167.30
Our Preference: Buy PSO as long as its trading above 172 with strict stop loss of 167.30 and profit target at 183 and 194 with extension towards 203.
Alternate Scenario: Downward penetration of 167.30 will call for 161 and 155.
NOTE: PSO have penetrated above its resistant trend line and now its heading towards expansion of its last wave.
Daily Chart with Supports and Resistances:
PSO 22
Level | 1st | 2nd | 3rd | Supports | 188.90 | 185.88 | 183.69 | Resistances | 194.11 | 196.30 | 199.32 |
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