BBFL Stock Reversal: From Consolidation to Breakout RallyThe chart for Big Bird Foods Limited (PSX: BBFL) illustrates a classic market cycle with a notable reversal pattern. Initially, the stock experienced a prolonged downtrend, forming a rounded bottom between late 2024 and early 2025. This was followed by a range-bound consolidation phase, indicating accumulation by market participants. Around May 2025, a bullish breakout occurred, pushing the price above the resistance zone and confirming the reversal. Since then, the stock has shown a strong uptrend with higher highs and higher lows, supported by an upward-sloping curve, suggesting increasing momentum. The shaded projection area indicates a potential bullish continuation, with price targets potentially reaching above PKR 87 if the trend holds. Key support lies around PKR 44–49, which would be crucial for trend sustainability in case of a pullback.
BOP Trade SetupThe stock has recently corrected towards its 200-day EMA, currently positioned at PKR 8.99, and has shown signs of stabilizing near this key long-term support level. Historically, the 200 EMA often acts as a strong bounce zone, especially in stocks that have previously demonstrated bullish momentum.
The recent downtrend appears to be losing strength, with declining red volume indicating possible seller exhaustion. A rebound from current levels could signal a short-term trend reversal, offering a favorable risk-reward setup for swing traders.
With moderate volume support and price action indicating potential consolidation, BOP presents a compelling opportunity for investors looking to enter near support with clearly defined risk parameters.
SSGC | Downward-Sloping ChannelThe stock in a downward-sloping channel after a strong rally that peaked near PKR 50.87. Currently trading at PKR 39, the price is above the 200 EMA level (28.70 PKR), suggesting longer-term bullish strength despite short-term weakness. Recent price action faced resistance near the upper trendline, and today's bearish candle indicates selling pressure. Key support lies around 37.00–35.00 PKR, while a breakout above 41.00–43.00 PKR could signal a resumption of the uptrend if backed by strong volume.
GHNI BUY IDEA.AS per the Elliot wave theory we are in the 5th leg which is targeting 950 rs.
As of the current scenario , we are trading in a bullish parrallel channel.
with Hidden divergence formed + emas merging on this point we can expect a good bull move from 710-720 rs , targeting abv highs.
A bullish candle will be very good.
GAL (Ghandhara Automobiles) – Bullish Setup EmergingGAL (Ghandhara Automobiles) – Bullish Setup Emerging;
LDCP: 472.83
Ghandhara Automobiles (GAL) is respecting its rising channel beautifully. A Bullish Doji Star has appeared near the lower boundary of the channel, signaling a potential reversal. The Stochastic RSI is extremely oversold (below 10), strengthening the case for a rebound.
As long as GAL holds above 460–462, a bounce toward *** and *** remains likely. A daily close below *** would negate the bullish bias.
GLAXO-1H (PSX) – Bullish Reversal; Targeting: 435 - 475📊 GLAXO-1H (PSX) – Short-Term Analysis; Targeting: 435 - 475
CMP: 410
GlaxoSmithKline Pakistan Limited (GLAXO) is currently trading within a critical Golden Pocket Zone, between the 50% and 61.8% Fibonacci retracement levels, around 423.69 to 411.50. This zone often acts as a strong support area where price reversals are highly probable. The Stochastic RSI is deeply oversold, indicating that selling pressure may be exhausting and a potential bounce could be near. Price action is stabilizing around 410, suggesting short-term support. As long as GLAXO holds above 410, there is a good chance for a rebound toward 423–425 initially, and further upside toward 435–445 & 461 - 475 if momentum builds . However, a breakdown below 400 would weaken the bullish setup and open room for more downside. Cautious optimism is advised while monitoring for confirmation signals above 415.