Favoring BullsNegative Point: Bearish Divergence on Daily TF
Bullish Points:
Morning Star Formation on Daily TF.
Bullish on All Time Frames
Sustaining above Strong Resistance area (218 - 219);
this may act as Support now.
Immediate Resistance area : 249 - 260
Immediate Support area : 217 - 221
We may witness 290+ if 270 - 275 is Crossed
Make it or Break it...72.10 is Important to Sustain on weekly basis
to move towards upside.
& 77 is a Strong Resistance level.
On the flip side, 65 - 66 is a Strong Support area
that should be respected.
It is Bearish on all Time Frames.It is Bearish on all Time Frames.
But Currently it is at 38.20 % fib level; we need
to wait for a Bullish Signal (at least on hourly basis)
for fresh entry here.
If this Support is broken, we may witness 63 &
then 55 - 56 as it would also be a Double Bottom
area.
old analysis played well As mentioned in last analysis, it successfully
touched 1050 after sustaining 955.
Now it is near Immediate Resistance area.
Currently, it is moving in a range from around
930 - 1050
Sustaining 1065 may lead it towards 1100+
On the flip side, 930 is a very Important Support.
Will it take a Support Now???Seems like taking Support from 23.60% fib level
which is around 120.50 - 121.50
Slight Bullish Divergence on Shorter TF may push
the price upside towards 130 - 133.
However, True Bullish Momentum will continue
if it Crosses 134 & then Sustains 139-140.
At Good Support Level?422 - 425 may also act as an Immediate Support.
However, a Very Important Support lies around
412 - 415.
However, if this level is broken, we may witness
382 - 387.
Sustaining 427 - 428 may lead it towards 500.
And Crossing & Sustaining 510 may expose range around 650.
AVN - Monthly TargetThis signal is only for long term investor who can hold their holding in AVN with patients. this is good time to accumulate and buy on dip. you will see the Target price soon.
only for Investers not for traders :)
Octopus - Buy - High risk SetupOctopus is hitting lower locks since last 3 days and now at strong support zone at OB zone. Buy with strict loss at 61.94 and TP at previous support turned resistance 77.6 RR ratio 1:1.5
HINOON - PSX - Buy IdeaHighnoon Laboratories Ltd is forming a classic cup and handle pattern, suggesting a potential bullish continuation if it breaks above 854.78 PKR. A slight pullback may occur with an RSI in overbought territory, but a breakout could target 1,013.82 PKR.
FCEPL 82.65 and 94.51 are key levels for its flightThese both are key levels for its journey to above level of 100.
Note: This is not a buy or sell call.
Can HCAR will touch again 280 level after support of 241Current Financial results and after EX HCAR is above strong support level of 241 and currently it is trading on 248. These both conditions are favorable for its next level of 281.
Note: This is not buy/ sell call.
SNGP | Swing Trade SetupSNGP shows a symmetrical triangle pattern, which often indicates a breakout either upwards or downwards as the price narrows into a point. In this case, the price appears to be breaking out upwards, supported by strong bullish momentum. The chart has three clear target levels: TP1 at 81.50 PKR, TP2 at 93 PKR, and TP3 at 104.64 PKR. This suggests a potential for significant upside if the breakout is sustained. Historically, the stock was in a strong downtrend from 2017 to 2020, followed by a long consolidation phase, and is now showing signs of recovery with possible upward continuation.
MARI potential Buy setupReasons for bullish bias:
- Fundamentally a very strong company
- Price respecting upward trendline and is at 0.382 Fib level
- Overall a bullish trend
- Divergence also getting synched
Here are the recommended trading levels:
Buy 1: 402 (CMP is also good)
Buy 2: 384.19
Stop Loss Level: Closing below 355.8
Take Profit Level 1: 482.91
Take Profit Level 2: Open
Could Hascol cross level of 10 again?Current results of Hascol are little improved since last results, Company is decreasng its loss slowly and gradually, It is a positive sign for increase of share prices. In this chart you can see the trend and it is near its support and as its improves financial results it can rise to these blue arrows levels.
Note: This is not a buy/sell call. Trade with your own decisions.
Wait for a Good Support LevelIt beautifully completed ABCD pattern around
219 - 220 and then reversed.
Now the immediate Support seems to be around
122 - 123; from where it may start making the
Right Shoulder (may be up to 160 - 170) of H&S pattern.
However, next important Support is around 95 - 100.
IMAGE, Bullish RectangleBullish Rectangle
Inverted Bat Formation
Reversal from Rectangle Top at PRZ of Bat
Now making new bullish leg
Buy at Retracement
Buy Level 13-14
Target 17-17.50
SL 12.50
Buy on Bullish Closing above Rectangle
FFBL can cross 100 mark levelFFBL is in bullish trend since a long time and it is consistently growing and touhing high to high levels. These are key level to reach FFBL to 100 mark.
Aisha Steel Limited (ASL) Key Support LevelsThese are Aisha Steel support key levels. Aisha steel share may be drop to these levels and bounce back. This is technical analysis not a buy/sell call.
KOSM key support levelsThese are key support levels of KOSM. Kosm could drop to these levels and may be bounce back.
SPEL | Inverse Head & ShoulderForming Inverse Head & Shoulder Pattern
Entry Price: 44.70
TP1: 44.70 (towards Neckline resistance)
TP2: 50 (if breaks neckline)
TP3: 56 (Invers H&S Projection target)
SL: 36
Stock is Still Bullish.Stock is Still Bullish.
Immediate Support is around 425 - 426
However, it may re-test 414 - 415 which is
actually a very Important Support level.
If it sustains 490 - 500, we may witness 600.
