SLGL fresh entry levels.SLGL is dropped from its support level of 15.75 and it is heading to its support level of 14.33.
Fresh entry could be take after breaking again 15.75 or dropping below to 14.33 and again cross above 14.33
Use stop loss at 14.33 and 12.8
TP 1 is 17.5 and TP 2 is 20.4
Note: This is not a buy/sell call. It is an analysis, trade at your own will.
PSX
Mari is heading to 900 againMari did not drop more to below its support of 594. it dropped from its support of 666 and bounce back again and broken resistance of 666 and touched 715. It is likely to cross again 755 and heading to 900 again. Use stop loss below 666
Note: This is not a buy/sell call. Trade at your own
will.
BBFL is ready to flyBBFL maintained its strong support of 52.7 and now it is facing resistance
of 55.45. This resistance will lead it to 62.6, 67.63, 72.65, 78.87 and 88.92
Fresh entry may be take after breaking 55.45 and stop loss will be 52.3
TP1 is 62.6, TP2 is 67.63, TP3 is 78.87
Note: This is not a buy/sell call
Trade at your own will.
PSX : AVNTo predict the potential length of the third downtrend for Avanceon Ltd. (AVN), we can analyze the previous two downtrends and look for a pattern. Here’s a breakdown:
-First downtrend lasted 46 bars (69 days)
-Second downtrend lasted 48 bars (73 days)
Both downtrends are similar in length, with a slight increase between the first and second.
If we follow this pattern of slight growth in downtrend duration,
we can estimate based on historical patterns,
it’s reasonable to predict that the third downtrend could last approximately 74 to 78 days.
SMCPL is ready to flySMCPL is in sideways and maintaining support but not breaking resistance. This green triangle is its resistance and if it could break it than fresh entry is possible. Use stop loss at below line of the triangle. TP is 27 and 30. Note: This is not a buy/sell call. Trade at your own will.
Loads could rise 65% Loads is maintaining its support level of 14.5 and it is heading to resistance of 18.3 than 22 and 25.7
Positive momentum of its hows it could cross 22 and 25 levels. As per current price 15.55 it is gain of 41.5% and 65%
Stop loss is at 14.2
Note: This is not a buy/sell call. Trade at your own will
HBL in bearish trendHBL is dropped from its support level of 169.69 and it is heading
to its stong support and psycological level of 130.
Fresh entry must be at above 170 level if it maintains.
TP 197 and 225.
If it wont maintin 170, wait for dropping to 130 levels.
If it maintain
on 130 take fresh entry, TP is 169, 197 & 225
Stop loss as per your strtegy.
Note: This is not a buy/sell call. Trade at your own will.
HCL is heading to 1000 againHCL is maintaining support of 784
Its resistance is 917 and after breaking
it could move to 1050, 1214 and 1450
levels.
Note: This is not a buy/sell call
use stop loss.
SAZEW potential Buy setupReasons for bullish bias:
- Price bounced from Fib golden zone
- Overall, a bullish trend
- Price gave bull flag pole breakout
- Fundamentally a strong company
- RSI is synched
Here are the recommended trading levels:
Buy 1(CMP): 1100
Buy 2: 1048
Stop Loss Level: Closing below 960
Take Profit Level 1: 1260
Take Profit Level 2: Open
HUBC -PSX - Technical AnalysisHUBC on Daily TF is going bullish. RSI momentum indicates a steady rise and hence prices are going up. KVO also is suggesting that trend is going upwards but still the real Bull run has not begin. Weekly channel has been drawn. Once, this weekly channel is broken upwards then the real bull run will kick-in.
Therefore, sensible trade plan will be to now (Buy-1) and then exist (TP-1) at upper weekly resistance line. Then if the price breaks the resistance, buy again (Buy-2).
Butterfly Harmonic pattern has also been drawn which if respected by the price, then the weekly upper resistance line will not be broken. In that case price will drop to point C where a new buy can be initiated (BUY-3).
LONG (Buy) Call
Buy-1 : 118.20
SL 1: 102
TP-1: 137.00
Buy-2 : 140
SL 2 : 135
TP-2: 165.00
BUY-3: 103
SL 3: 93
TP-3: 165