BIMAS

After experiencing a sharp rise, BIMAS entered a correction phase, yet no negative fundamental data has been found. When analyzed on a sectoral basis, it is observed to be comparatively more expensive than MGROS shares. The BIMAS stock has room to correct up to the 447 level; beyond this point, upward movement is anticipated. The technical levels to watch are 481.63, 515.62, and 557.68. Evaluations of net buying positions are deemed appropriate when prices are above the 447 level.