FFCFFC has been consolidating within a symmetrical triangle pattern after a strong bullish rally
Volume: Slightly declining during consolidation
Safe entry zone is marked
FFC trade ideas
FFC- Deeper Retracement is Expected !Reasons for Deeper Retracements are :
1. 20, 50 & 200 SMAs are converging.
2. RSI on daily TF is below 30 which signifies Bearish Trend
3. Weaker Price Action at Recent Swing High is signalling Profit Taking activity is taking place.
Way Forward:
1. Observe Price Action once price tests 200 SMA and 78.6%% Fib. Level.
2.If a Bullish signal (Engulfing, Pin-Bar with surge in Volume) is observed, a good probability trade is on the cards.
FFC- SHORT TRADEFFC is in distribution phase of Wyckoff Method, it has shown Sign of Weakness after breakdown below 360.
It is expected to retest this area
Short lvl 360-370
TP 301
SL 381
Technical Analysis of Fauji Fertilizer Company Ltd (FFC), PSX
Technical Analysis of Fauji Fertilizer Company Ltd (FFC), PSX
Bullish Pennant , Pattern , CMP : 392.81
Date: 11-03-2025
Analysis By : Ali Safwan
Pattern Formation: Bullish Pennant
Potential Targets (TP Levels)
TP-1: Around 450 PKR
TP-2: Near 475 PKR
TP-3: Extended target around 500-525 PKR
Bullish Case:
If the price breaks above 400 PKR with strong volume, it could confirm a bullish breakout, targeting 450-500 PKR.
Bearish Case: If the price fails to break out, it may retest lower support levels at 350 PKR (SMC Discount Zone) or even 310-275 PKR.
Ideal Entry: A breakout above 400 PKR or a dip buy near 350 PKR support.
Stop Loss: Below 350 PKR to manage downside risk.
Disclaimer:
This analysis is for educational and informational purposes only. It represents my personal views based on technical analysis and should not be considered as financial advice or a buy/sell recommendation. Trading and investing involve risk, and past performance does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor before making any trading decisions. You are solely responsible for your own investment choices.
FFCafter posting a bottom FFC IS now ACCUMULATING from last 1 week, Long entry is recommended from this point.
BULLS for FFC Buy from 380-382
sl 375
tp 395.32
key points:
market created strong reversal and entry on 1 hr support
RSI oversold suggests weak bears and inflow of strong bulls
Thankyou
FFC AT ATTRACTIVE LEVELS WITH SUPERB RESULTSThe FFC script is looking at attractive levels trading between the Swing High and Low ... and bouncing from the FIB level.... the financial results declared on 29th January, 2025 is also suggesting a good growth of the firm .....
what are your views ????
FFCFFC Bounced back from 434
and by accumulating reached to 398 and is ready to go its targe of 434 in February 2025 insha Allah.
Its financial results expected 1X to 1.5X results.
So Strong BUY
FFC continuous bullish momentumFFc is in uptrend for quite a long,price has taken a correction good oportinuty for buyers to accumalate at current levels.
FFC ABCD PatternFFC : ABCD Pattern on Daily Chart depicts a potential movement towards Point D, provided the price crosses and sustains above Point B. Entry point and stop loss is indicated on chart.
FFC in hit its all time high a strong bullish ride.
touched its all time high and now taking a retracement.
can take instant entry.
Price should at least hit its previos HH.
FFC - SHORTFFC currently in a bullish trend on 1hour chart,
divergence was printed there's a possibility of reversal from this zone
short entry is recommended
FFC-----Bearishthere is higher high and higher there is divergence in volume and divergence in rsi there is complete of elliote wave theory
FFC (analysis). Long.
Technical Analysis: FFC (Ticker: FFC)
Pattern Analysis: FFC is forming a bullish flag pattern, signaling a potential continuation of the uptrend.
RSI Analysis: Although a bearish divergence is observed on the RSI, the trend is not yet complete, suggesting a possible upward movement.
ADX and DI+ Analysis: ADX and DI+ indicators are bullish, further supporting a potential price increase.
Trade Recommendation: Consider buying FFC at 147 with a stop-loss below 137 to manage risk.
Resistance Levels: Resistance levels are marked, with targets set at 158 and 179.
Summary: Bullish flag pattern with bullish ADX and DI+ signals. Entry at 147, targets at 158 and 179. 📈✨
Disclaimer: This analysis is for educational purposes only and not financial advice. Perform your own analysis before investing.
Making HH HL on Daily TFPositive Sign: Making HH HL on Daily TF
Negative Sign: Bearish Divergence appearing
on Weekly TF
125.50 - 126 is a Monthly Support Level should Sustain
on Monthly Basis
However, 130 is Currently an Important Resistance
Stance: Should wait to Cross & Sustain 131 - 132
to Target 138 - 145
