📊 WEBIAZ Technical Analysis – Intermarket Securities Ltd (IMS)
Pattern: Double Bottom → Bullish Alternative Flag Formation
Current Price: Rs. 17.20
Entry Level: Rs. 17.31
Stop Loss: Rs. 16.96
🎯 Upside Targets:
• (1:1) Rs. 17.66
• (2:1) Rs. 18.00
• (3:1) Rs. 18.35
💡 Technical View:
The price has formed a strong Double Bottom near the key support zone, followed by a Bullish Alternative Flag pattern. A confirmed breakout above Rs. 17.31 could trigger short-term bullish momentum.
📈 Volume Confirmation:
Increasing volume at the breakout zone indicates strong buyer interest, supporting the bullish view.
