SSGC PSX Stock SummarySSGC (Sui Southern Gas Company) on the Pakistan Stock Exchange (PSX) is showing positive momentum, with a near-term target of PKR 43.90. The recommended entry is at the current market price, with a stop loss set at PKR 40.00 to manage downside risk. The stock appears poised for an upward move based on recent trading activity and technical indicators.
Disclaimer: This summary is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Please conduct your own research or consult with a licensed financial advisor before making investment decisions. Trading in stocks involves risk, including the potential loss of capital.
BFAGRO Stock Trading StrategyBFAGRO Buying Strategy:
Key Levels:
1. Current price: 27
2. Buy zone: 27-25.80
3. Stop loss: 24
4. Targets: 30 and potentially 34 if it breaks 30
Strategy:
1. Buy on weakness: Enter the trade if the price dips to 27-25.80.
2. Risk management: Set a stop loss at 24.
3. Profit targets: Aim for 30 initially, and consider holding for 34 if the price breaks 30.
Considerations:
1. Market conditions: Monitor BFAGRO trends and news.
2. Risk tolerance: Adjust position size according to risk appetite.
This strategy is based on the provided information. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
PSO PROBABLY IN WAVE '' C '' OR " 5 " OF CORRECTION - SHORTThis is in continuation to our ongoing tracking of PSO shared earlier in which we are anticipating price to reach 350 - 360 area to go long.
As our MARI trade (long) ended today making reasonable profit freeing our cash and since cash is trash, we have decided to take a small portion of short position in PSO.
If our wave count is correct then we will reach buy zone of 360-350 which will be our target for this short sell trade setup.
Risk/Reward ratio is not so promising on this one but we feel quite confident.
Trade setup:
Entry price: 377.50
Stop loss: 406
Target: 350 - 360
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
MARI PROBABLY IN WAVE '' 4 '' ( TEAL COLOR )- LONGThis is in continuation to our ongoing tracking of MARI C or 3 wave structure.
If the wave count is correct then we are in wave 4 of wave C or 3 which will most probably reach 661 - 627 range near which I've marked the buy zone. Trading wave 5 is a little tricky because there are multiple factors at play here therefore we will use cautious approach to trade this.
Firstly predicating completion of wave 4 is very difficult, secondly chances of 5th wave failure are also present which means prices might not make a new high, thirdly is the proportion between the 2 and 4 wave (marked in teal color) in which case prices will not even reach the buy zone and will start rising from 680 level up.
So here is how we gonna trade this, since we have already made profits from the last 2 waves of MARI that I published. We will not be taking full positions here but just a small chunk, we will just invest 25% of our investment here and will only enter long positions between 654 - 632 range .
Although we have marked the buy range from 661 but we will only enter between 654 - 632 zone, if we don't get that price we are not trading this last leg up. Below 632 will increase the chance of 5th wave failure and if prices go below 611 then our entire wave count will get weaken.
Trade setup:
Entry price: 654 - 632
Stop loss: We are not marking any stop loss here because MARI has very strong fundamentals therefore we are bullish in it for the long term and since we our only taking 25% portion of our investment on this trade therefore we will hold them for our long term target of 1350 - 1500 just incase if the market goes against us.
Target: Will update after completion of wave 4
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Efert Analysis- Bear Trap13/4/25
TF 1W/1D
Efert was trending inside a bullish channel since Oct 23
Although it has given a breakdown from the channel but this move can convert into Spring or Bear Trap. It will be confirmed with a daily closing above 190 within next 3 days
Buy 192-199
Short term TP 229 & 248
Long term TP 310 ( Oct 25)
In Sha Allah
SL below 180