MEEZAN BANK LTD
Short

PSX: MEBL POTENTIAL REVERSAL ZONE

126
Meezan Bank Ltd. , MEBL is rapidly growing Islamic Bank in Pakistan. In recent rally it has gained enormous price hike.
In last few days it has not been able to cross the resistance level and has started showing the signs of weakness.
Current harmonic pattern drawn on the chart clearly depicts the present level as PRZ, potential reversal zone.
Keeping in mind that a detailed trade plan has been prepared for your kind attention.

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