buzzing penny stocks-PSL Limited inching towards top of 11.8

PSL Limited stock chart PSL Limited stock today closed at 9.9 with 20% circuit. On the daily and weekly chart, the stock has given range breakout and heading towards the previous top of 11.8 rupees. The stock was stuck in a range of 9.15 to 7.5 rupee for last 3 months. On the weekly chart, stock sis bottomed out and heading for 52 weeks level of 11.8 rupees. Which was also previous swing top. On the downside, 8.5 is major support zone and stop loss level for long traders and investors.

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Pramod Baviskar

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