PSO Swing Trade Setup

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PSO Swing Trade Setup Pakistan State Oil Co. Ltd. Class IPSX_DLY:PSOGrowingPath 🚀 Stock: Pakistan State Oil (PSO) 💰 Entry: Buy at CMP (~351) 🛑 Stop Loss: 330 🎯 Targets: 375 → 395 → 410 Trade Rationale: PSO is currently trading near a key demand zone while forming a symmetrical triangle pattern on the daily timeframe. The stock has been consolidating after a sharp correction, and price action suggests that selling pressure is gradually weakening. ✅ Strong support around the 340–330 region ✅ Higher lows indicate accumulation by buyers ✅ Risk-to-reward setup remains attractive at current levels ✅ Potential breakout could trigger a move toward the marked resistance levels Trading Plan: Accumulate near current market price. Maintain strict risk management with a stop loss below 330. Book partial profits at each target level and trail the remaining position. Targets: 🎯 TP1: 375 🎯 TP2: 395 🎯 TP3: 410 ⚠️ This is a swing trading setup and may take several days to weeks to play out. Always manage position size according to your risk tolerance. #PSO #PSX #PakistanStockExchange #SwingTrading #TechnicalAnalysis #StockMarket #TradingView #ChartAnalysis #Investing #BullishSetup