ASHT LONG TRADE 09-06-2025ASHT LONG TRADE
After reversing from its downtrend in June 2022, ASHT entered an uptrend. Since July 2024, it has been trading in a range between PKR 11 and PKR 17.6. Currently, it's poised for a potential breakout, having formed a strong flipped institutional demand zone, which acts as a preventive barrier against downward movements. The volume profile also supports an impending up move.
🚨 TECHNICAL BUY CALL – ASHT🚨
- Buy 1: PKR 17.55 (current level)
- Buy 2: PKR 16.7
- Buy 3: PKR 15.7
- TP1: PKR 19.6
- TP2: PKR 21.4
- TP3: PKR 24.00
*Stop Loss:* Below PKR 14.7 - Daily Close
*Risk-Reward Ratio:* 1:2.35
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
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ASHT trade ideas
ASHT UNORTHODX LONG TRADE (ADVANCED TRADERS ONLY) 13-06-2025ASHT UNORTHODOX LONG - SECOND STRIKE
This is an excellent high-probability setup for intermediate to advanced traders. ASHT has started a new bullish trend after accumulation in a scale-up scallop and channel pattern, which when combined, resemble a cup and handle pattern.
🚨 TECHNICAL BUY CALL – ASHT🚨
- *Buy 1*: Rs. 25.7 (current level)
- *Buy 2*: Continue buying up to Rs. 28.55 or on pullback at Rs. 21.5
- *Buy 3*: Rs. 18.9
Target Prices
- *TP 1*: Rs. 28.55
- *TP 2*: Rs. 31.75
- *TP 3*: Rs. 35.0
Stop Loss
- *Stock Loss*: Below Rs. 15.6
This setup uses the quantified displacement method with a scaling-in and scaling-out approach. FOR ADVANCED TRADERS ONLY