IMAGE, Bullish RectangleBullish Rectangle
Inverted Bat Formation
Reversal from Rectangle Top at PRZ of Bat
Now making new bullish leg
Buy at Retracement
Buy Level 13-14
Target 17-17.50
SL 12.50
Buy on Bullish Closing above Rectangle
3.07PKR
398.83 MPKR
3.97 BPKR
About IMAGE PAKISTAN LIMITED
Sector
Industry
CEO
Asad Ahmad
Website
Headquarters
Karachi
Founded
1990
ISIN
PK0058201010
FIGI
BBG000BN1P81
Image Pakistan Ltd. engages in the business of manufacturing and selling embroidered fabric, ready-to-wear garments, and polyester filament yarn. It operates under the Value Added Embroidered Fabric and Polyester Filament Yarn segments. The company was founded on November 14, 1990 and is headquartered in Karachi, Pakistan.
Hoping for the BEst17 - 17.50 is an important Resistance area.
Tomorrow's Closing above 15.40
may trigger further positivity.
15.20 - 15.30 can be the initial buying range
with a Stoploss of 13.67 (closing basis)
targeting 17 initially.
If 18.10 is Crossed & Sustained, we may
witness 23 - 24.
IMAGE- Buy OpportunityThe current analysis of IMAGE over a 4-hour time frame shows that it is trending upward, making HHs and HLs. But recently it has been going down for a major correction. Look for buy opportunity around support if it holds above the support levels. Or look for a buy if it breaks above the previous HH.
Image PSXImage script can shows great bullish momentum due to inside buy back of the shares, follow the trade plan according to give TP and SL.
IMAGE - PSX - Buy Call Fundamentally it is looking strong but in End June 2024 it gave negative earnings (loss). Therefore, it went downhill. However, recent inside buying of 2 Mil shares by its director suggest upcoming big earnings which are evident from quarterly report.
Technically, it has dropped below parallel chann
Monthly Closing is ImportantUnfortunately, it did not move as expected technically.
However, Monday's Closing is Important.
Those who are holding from High Side, and want Quick
Gain out of it, may bring their average price down by
Buying on Dips and Selling on Strengths.
BUT MONDAY'S CLOSING IS IMPORTANT! Lets Pray for the
Image Ltd: Falling Wedge PatternImage Limited is currently in falling wedge which is bullish pattern, we can take buy entry after the break of HL. There is bullish diversion on RSI which is showing bulls can push the price high.
Bullish Divergence on Hourly TFBullish Divergence on Hourly TF
Bearish Flag Pattern completes around 12.50 - 12.70
Wait for few hourly candles at this level for Fresh Entry
IMAGEImage is currently testing its resistance level of around 14.25. Which can be considerable because Bullish candel is formed which leads price to next resistance of around 16.50 (target). Risk is defined below 13.
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Frequently Asked Questions
The current price of IMAGE is 15.27 PKR — it has decreased by −1.99% in the past 24 hours. Watch IMAGE PAKISTAN LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange IMAGE PAKISTAN LIMITED stocks are traded under the ticker IMAGE.
IMAGE stock has risen by 3.95% compared to the previous week, the month change is a 14.13% rise, over the last year IMAGE PAKISTAN LIMITED has showed a 19.34% increase.
IMAGE reached its all-time high on Aug 26, 2021 with the price of 20.31 PKR, and its all-time low was 0.23 PKR and was reached on Mar 27, 2015. View more price dynamics on IMAGE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
IMAGE stock is 5.33% volatile and has beta coefficient of 0.71. Track IMAGE PAKISTAN LIMITED stock price on the chart and check out the list of the most volatile stocks — is IMAGE PAKISTAN LIMITED there?
Yes, you can track IMAGE PAKISTAN LIMITED financials in yearly and quarterly reports right on TradingView.
IMAGE net income for the last quarter is −84.91 M PKR, while the quarter before that showed 237.64 M PKR of net income which accounts for −135.73% change. Track more IMAGE PAKISTAN LIMITED financial stats to get the full picture.
Yes, IMAGE dividends are paid annually. The last dividend per share was 1.50 PKR. As of today, Dividend Yield (TTM)% is 8.41%. Tracking IMAGE PAKISTAN LIMITED dividends might help you take more informed decisions.
As of Nov 2, 2024, the company has 881.00 employees. See our rating of the largest employees — is IMAGE PAKISTAN LIMITED on this list?
Like other stocks, IMAGE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade IMAGE PAKISTAN LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So IMAGE PAKISTAN LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating IMAGE PAKISTAN LIMITED stock shows the strong buy signal. See more of IMAGE PAKISTAN LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.