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Understanding BOP’s Bullish Trendstock’s strong uptrend, trading within an ascending channel, and currently consolidating within a resistance zone. The price is currently consolidating within a red resistance box, indicating that it is facing some selling pressure.A breakout above this zone could trigger another bullish rally Immediate resistance: Around 12.20-13.50 PKR, where the stock is currently consolidating. 12.00-12.20 PKR, act as support for price retraces. If the price successfully breaks out above 13.50 PKR, it may continue its uptrend toward the next resistance within the channel (15.75-16.25) However, if it fails to break out, a short-term pullback to the lower trendline (around 12.00 PKR) could provide a better buying opportunity.
PSX:BOP
by jahanzaibM
DGKC [ DG Khan Cement] Chart Technical Analysis, PSX DGKC Stock Analysis CMP : 125.88 , 10-03-2025 The price is currently moving within an ascending channel, indicating a bullish trend. A breakout above the upper boundary could lead to further upward momentum. Premium Resistance Zone (130.00 - 135.00): This is a critical resistance area where the stock may face selling pressure. A breakout above this zone with strong volume could signal further upside potential. Daily Fibonacci Levels: The price is currently trading near the 23.6% Fibonacci retracement (117.49), suggesting strong support. The next support levels are 109.75 (38.2%), 103.50 (50%), and 97.24 (61.8%). Support Zones: There are two key support levels around 110 and 100, which coincide with Fibonacci retracement zones. If the price corrects, these areas could provide buying opportunities. Potential Price Movement (Dashed Projection): The dotted lines suggest a possible retest of the resistance zone (130-135) before a correction or continuation. If rejected from resistance, the stock may pull back to the lower trendline before resuming its uptrend. 200-Day Moving Average: The red line (200-day MA) is trending upwards, indicating long-term bullish sentiment. Conclusion & Trading Plan: Bullish Scenario: A breakout above 130 could lead to 135-140 levels. Bearish Scenario: A rejection from resistance may cause a pullback to 110-115. Support Levels to Watch: 110, 100 Resistance Levels to Watch: 130, 135 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.
PSX:DGKCLong
by ALIDX80
FCCL : Will It Retrace Before the Next Rally?On previous Call 4th mar 2025 , Stock met his target . Now next Short-term traders may wait for a retracement to 40-41 PKR before entering long positions. The stock is moving within an ascending channel, with price action respecting both the support and resistance trendlines. The price is currently near the upper resistance of this channel,Around 45-PKR, where price is struggling to break higher. suggesting a potential correction before another move higher.
PSX:FCCLShort
by jahanzaibM
MLCF : Uptrend but short-term pullbackKey Observations: Elliott Wave Count: Currently, the stock is at the peak of wave (3), indicating that a short-term correction (wave 4) might be expected before the price resumes its uptrend toward wave (5). 48-50 PKR is a strong demand area for a potential bounce,If its Hold an upward move toward 62-65 PKR is expected in wave 5. RSI It recently touched an upward trendline, indicating a potential overbought condition, possibly leading to a short-term correction.
PSX:MLCFLong
by jahanzaibM