On Daily TF, price has already made its all time high and as such there is no sign of reversal. RSI shows no divergence and Klinger also suggests continuation of sharp uptrend.
With good news surfacing wrt refineries, share prices are likely to go up sharply.
Therefore, it is strongly recommended to initiate Buying immediately. Fib Extension tool has been used to identify potential first profit booking area marked as TPs. This Bull run is expected to run till end Sep~Dec, 2026 ; therefore, long term holding may also be considered.
Trade Values
Buy : 493 , SL: 420 , TP 1: 644, TP 2: 862 , TP 3: 1080 , TP 4: 1213
With good news surfacing wrt refineries, share prices are likely to go up sharply.
Therefore, it is strongly recommended to initiate Buying immediately. Fib Extension tool has been used to identify potential first profit booking area marked as TPs. This Bull run is expected to run till end Sep~Dec, 2026 ; therefore, long term holding may also be considered.
Trade Values
Buy : 493 , SL: 420 , TP 1: 644, TP 2: 862 , TP 3: 1080 , TP 4: 1213
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.