DFML Showing Strong Bullish Reversal

Wait 5 sec.

DFML Showing Strong Bullish ReversalDewan Farooque Motors LimitedPSX_DLY:DFMLmbaberhanifDFML shows a strong bullish reversal after testing the support near the 200-day moving average, with price rebounding sharply and now moving in an upward channel. The breakout momentum is well sustained, with the stock eyeing the 40.00 level as the next target. Given the clear higher highs and higher lows structure along with strong buying pressure, this setup offers an attractive buying opportunity, with entry around current levels (35.50–36.00) and upside potential towards 40.00+, while keeping a stop-loss below 34.20 for risk management.