a Bullish Hammer on Weekly basis. a Bullish Hammer on Weekly basis. if this Week's Candle closed around 320 - 325, this would become a Morning Star. 312 appears to be a Strong Support. 317 - 320 can be a Good Entry point with a Stoploss of 300 on Closing basis.by House-of-TechnicalsPublished 0
ENGRO BULLISHis currently in a bullish trend , intraday entry is recommended from this point.Longby MSafwanSPublished 4
Engro Advance Analysis - 19 September 2024Tomorrow, September 19, 2024, is hopefully a buying day! In the morning, I'll wait and see if the price drops. If it does, I'll look for it to drop to between 311 and 310, and then I'll make my move to buy. However, if the price goes up, I'll consider buying at Rs322. I'm keeping my chart lines private, as I don't want to reveal my secret weapon just yet! 😉 If you'd like more analysis, just hit boost and let me know which company you're interested in, and where you're currently stuck.Shortby JawadFarooqPublished 117
ENGRO:- JOURNEY TO NORTH HAS BEGUNEngro is in bull run. In April it posted the recent high of 388. From this point it retraced to 315. In June in formed the bottom with bullish divergence. Last two candle have indicated the balance in favor of bulls. Particularly the gap up opening and healthy volume. In this trade plan SL is 300, TP is 388 and entry price is 335 Due diligence and strict money managament is solicited. Have a profitable trading. Longby usufgulPublished 5
ENGRO KSE100 PAKISTAN STOCK EXCHANGE ENGRO CARPORATION Certainly 1. Bullish Divergence on RSI: - A bullish divergence occurs when the price of a stock makes lower lows, but the Relative Strength Index (RSI) makes higher lows. - In this case, it suggests that despite the stock price declining, the momentum (as indicated by RSI) is turning positive. 2. Trade Levels: - Entry Level: The recommended entry point for buying Engro Corporation stock is around 341. - Stop Loss: To manage risk, set a stop loss at 316. If the stock price falls to this level, consider exiting the trade. - Take Profit: The target for profit-taking is 367. If the stock reaches this level, consider 50% selling book profit and 50% to take ride TP 2. 3. Implications: - The bullish divergence on RSI indicates potential upward momentum. - However, always monitor the stock's behavior and adjust your strategy as needed. Remember that trading involves risks, and it's essential to have a well-defined plan and risk management strategy. Happy trading! 📈🚀💰ATION Longby PopafaseehPublished 0
ENGRO ANALYSIS 1.0HERE ChatGPT 🚀 Trade Alert: ENGRO Bullish Harmonic Pattern 🚀 We have identified a bullish setup in ENGRO, characterized by the following: Bullish Harmonic Pattern: Confirming a potential trend reversal. Channel Bottom: The price has bounced from the channel bottom and the Potential Reversal Zone (PRZ). Bullish Divergence: Formed, indicating a potential reversal. Entry Point: Buy: At the current market price (CMP) Target Prices (TP): TP 1: TP 2: Stop Loss (SL): SL: to manage risk Trade Summary: Buy: At CMP TP 1: TP 2: SL: Trade Type: Long Swing 🎢 Good Luck! 🍀 Stay informed and trade smart! 📊Longby Earn_withHassaanPublished 3
ENGRO is forming bullish divergence in 1D time frameENGRO is forming bullish divergence in 1D time frameLongby zameer_baltiPublished 0
ENGRO is bullish in 1d time frame.ENGRO is bullish in 1d time frame as bullish divergence appaerLongby zameer_baltiPublished 1
ENGRO | Testing 200 EMA📰 On the Daily timeframe, the price has ascended above the EMA200 line, signifying a robust bullish reversal from this point can be anticipated. Such a pull back typically indicates the continuation of a bullish trend. Furthermore, the MACD histogram needs to transitioned from the negative zone to the positive zone, further endorsing the potential upward movement toward our first target at 339. Subsequently, the price may break and sustain above 340 level before testing next resistance of 359. 🛑 It is essential to note that the analysis will no longer hold validity once the support area breaks at 300. Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments belowLongby mbaberhanifUpdated 15
ENGRO Bullish Bat Harmonics Pattern with DivergenceENGRO Bullish Bat Harmonics Pattern with DivergenceLongby PandaPipsProPublished 112
ENGRO corporation buy idea. ENGRO corporation weekly time frame. I believe engro is at perfect price to buy for long term hold, i am expecting 30-50 PKR move each share within next couple of weeks to a month.Longby HamzaGillaniPublished 113
Engro -On channel Support.Engro on it channel support zone.and indecision candle on this point can be little intresting...if see accumulation on this zone its a good entry for achieveing short long targets.Longby M-MunirPublished 1
No Bearish Divergence appeared yet 347 - 350 is a Weekly Support Level 370 - 375 is a Strong Resistance for now by House-of-TechnicalsUpdated 6
ENGRO🚀 Stock Alert: ENGRO 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 First Entry : 300 🎯 Target : 326 ⚠ Stop Loss: 290 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: The price movement exhibits an uptrend characterized by successive higher highs and higher lows, nearing a test of the 100-day EMA at approximately 299. Should a retracement from the moving average materialize, the initiation of a long position may be considered. Conversely, primary and secondary resistance levels are situated at 326 and 334, correspondingly. A prudent stop-loss strategy could involve placement below 290.Longby mbaberhanifUpdated 5
ABCD will play?Monthly Closing Above 311 is IMPORTANT for Upside Move If this Level is NOT SUSTAINED, we may witness 296 - 297 and then 285 -286by House-of-TechnicalsPublished 3
Head & Shoulder PatternHead & Shoulder Pattern appeared on Daily TF For Fresh Entry, Should wait for lower levels may be around 295 else, 282 - 286by House-of-TechnicalsPublished 1
ENGRO: Bullish (LONG)ENGRO is currenlty in bullish trend and forming AB=CD pattern and also break the previous HH and retest the HH point so we take a long entry on market price. Longby mudusirPublished 3
ENGRO Closed at 289.87 (27-12-2023) Bullish Divergence on Hourly TF 283 is an Important Weekly Support If Sustained, we may easily witness 294 initiallyby House-of-TechnicalsUpdated 1
ENGRO is BullishENGRO is bullish, as it has just made a new higher low, after a parabolic move. If the AB=Cd pattern plays out the asset could move to as high as 380. Targets are mentioned on the chart. Longby Fahad-RafiquePublished 0
ENGRO at a crucial junctionENGRO is at a decisive price point, and next couple of candles will give a clear indication of its next move. More info on the chart. by Fahad-RafiquePublished 0
ENGRO breaks parallel channelAfter the break out of parallel channel, ENGRO is targeting towards 300 with the stop loss below 265.Longby mbaberhanifPublished 112
Engro corp Long term in consolidation looks like flag. For this breakout earnings needs to improve No Financial advice by hamza007337Published 2