Dewan Farooque Motors Limited
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DFML

176
Stock Summary: DFML closed at 46.13 and currently holding above the 50-day SMA on the daily chart. The stock tested downward trendline two sessions back and successfully closed above it. DFML is currently trading 41.50% higher then its 200-day moving average, indicating an upward trend.

Recommendation: Initiate buying positions on weakness or when it approaches the support zone and set stop losses below PkR 44.44 to manage risk effectively.

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