NRL 1D IN PSX TREND CHANGE

The trend in the NRL (National Refinery Limited) chart on the PSX shows a clear reversal from a downtrend to an uptrend:

Downtrend: From April to October, NRL experienced a consistent downtrend, marked by lower highs and lower lows.

Reversal and Uptrend: In late October, the stock reversed its trend, breaking out of the downtrend with an upward movement in price.

Support and Resistance Levels:

Support Level (SL): 199.51 PKR

Buy Level: 238.05 PKR

Take Profit (TP) Levels:

TP1: 286.04 PKR

TP2: 324.22 PKR

Volume: There is a noticeable increase in trading volume during the reversal, suggesting strong buying interest.