BAFL is near to END of Major cycle
As per my analysis BAFL has/is going to finish a major cycle with completed upward movement.
Now there are two main scenarios, but both will go downside in coming years. One has shorter downward movement and other may go quite deeper.
1- For short downward move BAFL can ideally hit a minimum value of 37 ideally or may bounce back in range of 12 -37 PKR. However, it is not a hard 'n' fast rule, it can even bounce upward from 55, in a very bullish conditions.
2- In case of a deeper downward move, BAFL can bounce back from 27, or can move even deeper to range between 13.5 - 27 or 3.25 - 7.5.
However, both scenarios will be highly depending on market structure and fundamentals of the stock.
As per my analysis BAFL has/is going to finish a major cycle with completed upward movement.
Now there are two main scenarios, but both will go downside in coming years. One has shorter downward movement and other may go quite deeper.
1- For short downward move BAFL can ideally hit a minimum value of 37 ideally or may bounce back in range of 12 -37 PKR. However, it is not a hard 'n' fast rule, it can even bounce upward from 55, in a very bullish conditions.
2- In case of a deeper downward move, BAFL can bounce back from 27, or can move even deeper to range between 13.5 - 27 or 3.25 - 7.5.
However, both scenarios will be highly depending on market structure and fundamentals of the stock.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.