Gul Ahmed Textile Mills Ltd. is a prominent plays in textile sector.
It posted a high price of 21.40 in the last days of May 2023. Afterwards the prices have been declining. From the middle of September it started gaining the momentum.
Start of November witnessed sharp rise in the price and intraday breach of previous high. After few days it crossed over the same hurdle but with more zeal. Albeit it couldn't sustain the closing above but the healthy volume suggest it is a matter of time only.
We believe this time we may see a hyper move in the price.
Have a profitable trading.
It posted a high price of 21.40 in the last days of May 2023. Afterwards the prices have been declining. From the middle of September it started gaining the momentum.
Start of November witnessed sharp rise in the price and intraday breach of previous high. After few days it crossed over the same hurdle but with more zeal. Albeit it couldn't sustain the closing above but the healthy volume suggest it is a matter of time only.
We believe this time we may see a hyper move in the price.
Have a profitable trading.
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