Secure Logistics-SLGL-PSX Buy CallAfter launching on PSX, SLGL made high of 20.55 then it retraced upto Fib level of 50%. Now, the instrument is making HH and HL and going to give breakout of bullish flag breakout. good volume indicates bullish momentum and strength of bulls.
Entry at CMP is aggressive one,
One may take entry after breakout of bullish flag
TP-1: recent to
Tp-2: projection of bullish flag
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.
SAZEW- Buy for long ermSAZEW gave wonderful rally in last year. After that in last 100 days, it is moving on consolidation box. It also formed a cup and handle formation. breakout of consolidation box and cup and handle formation will give strength to Bulls. On fundamental part, company is doing good has very strong fundamentals. it is also launches two new model.
Overall SAZEW in bullish trend. one can hold for mid to long term with Tp-1 to TP-4 based on Fib projection.
DFML exposing 40% gains The stock has touched the HH of 54.6 previously and therafter retraced 0.718 FIV level, now broke out the falling wedge pattern.
Small size entry can be taken here for TP1 of 59, position size can be increased once it crosses 48.85, Breakout of previous HH @ 54.6 will confirm the bullish ride towards arc formation projection of 91.85 However, final target as per our trade plan is
All Targets achieved on PSO!PSO Call was initiated on 25 Oct'24 at the breakout of 225, however, could not be published due to unpaid account.
78% gains as per the projections have been achieved within 2 months.
Swing traders should close their trades here, however, those wish to ride the trend can still hold it with Stop loss at 288
OGDC all Targets achieved !Initiated a call in Sep'24 for potential Target of 190 on the breakout of symmetrical triangle and breakout of previous LH which was achieved on 8 Nov'24. given swing traders approx 35% gain within 2 months.
The stock is likely to continue its bullish momentum and might test its first resistance at 244 and second resistance at 265. However, those who wish to ride should place SL @ 177 so that all gains are not eroded.
Octopus is attractive to Buy at these levels Offering 117% GainsThe stock after breaking out its accumulation zone enters the bullish territory and printed a Cup and Handle formation on weekly chart. The stock has successfully broke out the Cup and Handle but went into consolidation after posting bearish divergence. Currently, retraced till 71.8% as per FIB levels and being accumulated for another bullish ride where it can double the investment within next 6 months.
One can start accumulate atleast 25% allocation at these levels with SL at 55. Confirmation to the Target price will be given once weekly closing above 100 is given by the stock where it will validate the journey towards final target price of 165 which is the projection of Cup and Handle formation.
NETSOL hasn't achieved Cup and handle formation Final Target yetThe stock had recently made a Cup and Handle formation on its weekly chart, However, weekly closing has not been over 168, which indicates the fact that stock is likely to retraced till 143 level to get start for another rally towards its Cup and Handle formation target price of Rs. 176.
Recently the HH was around 173. accumulation the stock between 143-155 levels is recommended.
Once weekly closing is above 168, the stock is likely to test its resistance level around 198. If the stock is accumulated at an average price of 150ish, 32% gain can be expected if the stock tested its previous resistance at 198, breaking out 198 level would trigger the next resistance of 226. This movement is expected to be captured by the stock within next 12 months when the stock is likely to break its historical high of 304.75
Stop loss can be kept around 122
EXIDE offers more than 55% gains on prevailing price LevelsThe stock is in Bullish Momentum, for those, willing to take secure trades, should enter at a price above 1166 for the Target of 1458 potentially can make 25% gain on these levels.
However, anyone wish to take calculated risks, can enter the trade now with the SL of 775, for TP1 of 1101, TP2 of 1264 and TP3 of 1427 with upside potential over 55%
AVN Offers 50% gainthe stock is currently in its uptrend, Instant entry can be made here with strict SL of 49 with first TP around 86 and second TP around 98 for over 50% gain within next 4-6 months.
However, careful traders should enter the trade only once it breaks its previous HH around 71.2 with same SL (mentioned above), however, this time the gain will be confined to 37-38%
The stock after significant consolidation has broken out the Falling Wedge Pattern on Weekly time zone, Thereafter making consistent HHs and HLs.
SYM ready for the take off !SYM has successfully retraced to the trendline of Pennant. After successfully forming Pennant, the stock has went into healthy consolidation and retraced to the levels and finally about to break the last LH around 10.90, which posed to be a significant resistance level.
Once SYM crosses 10.91, it will be poised to reach 16 soon after giving further confirmation by breaking the Pennant pole @ 11.90 level, potentially offering around ~50% upside on current levels.
Refrain from Trading in AGP at the momentThe stock has made significant bearish divergence and likely to retrace, Retracement Level 1 could be 150, level 2 could be 144, Level 3 could be 133 and Level 4 could be 121 where it should be accumulated as per your capital allocation.
On Long term, the stock seems to be in uptrend with 6 months Target of 270 which will be a 50% gain from suggested Entry.
However, this target is likely to be achieved when it will cross Rs 180 level being its previous HH. Investors or long term traders likely to made over 70-80% on this stock within next 6-8 months