NATIONAL REFINERY LTD
Long

NRL - PSX - Technical Analysis - Expected 300% Gain in One year

356
On monthly TF, butterfly pattern has been drawn. If it respects the pattern as it did up till now, we are expected to see a Bull run till next Dec 2025 for 350% gains in 15 months time. Therefore, this I would call a 3X stock.

On Daily TF, price has been sideways in accumulation phase for quite many days and it is expected that price will break through this zone very soon as Klinger is about to move upwards.
Fundamentally there are also good news coming up for refinery sectors which also confluence with the analysis. Therefore, Buying at present discounted price is highly recommended.

Trade Values
Buy: 238 , SL :137 , TP 1: 346, TP 2: 630, TP 3: 840 , TP 4: 1070

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