Technical Analysis of Fauji Fertilizer Company Ltd (FFC), PSX

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Technical Analysis of Fauji Fertilizer Company Ltd (FFC), PSX

Bullish Pennant , Pattern , CMP : 392.81
Date: 11-03-2025
Analysis By : Ali Safwan

Pattern Formation: Bullish Pennant

Potential Targets (TP Levels)
TP-1: Around 450 PKR
TP-2: Near 475 PKR
TP-3: Extended target around 500-525 PKR



Bullish Case:
If the price breaks above 400 PKR with strong volume, it could confirm a bullish breakout, targeting 450-500 PKR.

Bearish Case: If the price fails to break out, it may retest lower support levels at 350 PKR (SMC Discount Zone) or even 310-275 PKR.

Ideal Entry: A breakout above 400 PKR or a dip buy near 350 PKR support.
Stop Loss: Below 350 PKR to manage downside risk.


Disclaimer:
This analysis is for educational and informational purposes only. It represents my personal views based on technical analysis and should not be considered as financial advice or a buy/sell recommendation. Trading and investing involve risk, and past performance does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor before making any trading decisions. You are solely responsible for your own investment choices.

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