AGP (PSX) — Volatile Pullback | Key Support Test

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AGP (PSX) — Volatile Pullback | Key Support TestAGP LimitedPSX_DLY:AGPMy-AnalysisAGP recently made a strong bullish rally toward PKR 255–260, followed by heavy profit-taking and sharp volatility. The stock has now dropped back into the major support zone around PKR 170–185, where buyers previously stepped in. Price is currently attempting to stabilize near PKR 186, making this level an important decision point for the next trend move. 📈 Technical Structure Current Price: ~186 Key observations: ✔ Strong prior uptrend ✔ Sharp correction after parabolic move ✔ Testing key demand zone ✔ Volatility spike (possible shakeout) This often indicates either accumulation or a deeper correction ahead. 🔑 Key Levels 🟢 Support Zones • 180 – 185 → Immediate support • 169 – 170 → Major demand zone 🔴 Resistance Levels • 205 – 210 → Immediate resistance • 225 – 230 → Major supply zone