PKGI - PSX - Buy OppotunityPKGI has recently broken out of an accumulation phase and has tested a prior resistance level, which has now turned into a support zone. Additionally, the 21 EMA is providing strong support, reinforcing the bullish outlook at the current price level. Consider entering a long position with a stop-loss placed below the current weekly support level.
NRL Stock Analysis: Long Buy OpportunityNRL is currently demonstrating a strong upward trend, making it an attractive candidate for long-term buying. The stock has shown consistent bullish momentum, supported by increasing trading volumes and positive market sentiment.
Technical indicators confirm that NRL is well-positioned within the trend, with no immediate signs of reversal. This suggests potential for continued growth, making it an ideal entry point for long-term investors aiming to capitalize on its upward trajectory.
Investors are advised to monitor key resistance levels while keeping an eye on broader market conditions that may influence the stock's performance.
SYM - PSX - Technical AnalysisSYM is in bull run.
At present KVO is suggesting a strong bull run; however, a bearish divergence has formed on RSI, which may cause the prices to retrace a bit which is good as then a Higher Low of the Bull cycle will be defined and then price will again go up. Therefore, buy on dip is quite possible but in case price continues to go up then Buy-3 should be executed, otherwise Buy-1 and Buy-2 would suffice.
Trade Value:
Buy-1: 17.17 (at fib 0.38 retracement)
Buy-2: 16.33 (at fib 0.50 retracement)
Buy-3: 20.11 (if Buy 1 and Buy 2 are not triggered)
TP-1: 21.67
TP-2: 23.63
SL: 12.30
KSE 100 - HCAR - long or short?HCAR is currently in a strong bullish trend, with no signs of a reversal yet. The price is still showing upward momentum, and the trend remains intact. At the current level, it presents a good buying opportunity.
Entry: Buy at the current price level.
Stop Loss: Set at 263 to manage risk.
Take Profit: Target 398, with potential further movement towards 400, where the AB=CD pattern completes and aligns with a key resistance level.
The AB=CD pattern completion at 400 suggests that this area may act as resistance, so it’s critical to watch price action closely as it approaches this level. However, the overall trend is still bullish, and as long as the price remains above the 263 support level, the upward momentum should continue.
Stock is Bullish on Monthly TF.Stock is Bullish on Monthly TF.
However, 18 - 18.20 is a Strong Resistance Zone.
& if this level is Crossed & Sustained, 21 - 21.50
is on the cards.
Sustaining 22 with Good Volumes, will lead it
towards 26 and then 36.
Immediate Support Zone is around 14.10 - 15.
However, it should not break 12.