DEWAN FAROOQUE MOTORS LTD
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DFML | Up Trend

536
DFML is currently exhibiting a bullish trend as observed on a weekly time frame. Should it sustain its position above 36, there is a potential for further upward movement, with potential resistance levels at 42 and subsequently 49.60.
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syot kilat
Double top formation is going to form at 36, some rejection can be seen from this level. The price needs to break and sustain above this level for more upside levels.
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Second resistance breached, now wait for next resistance of 49.60
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Must use trailing stop loss to manage your profits!
Dagangan ditutup: sasaran tercapai
Hovering above first resistance of 42, can test second resistance of 49.60. Booking profit on it.
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