LSECL LONG TRADE SECOND STRIKE 18-06-2025"LSECL Buy Call (1D TF) - Second Strike
We had previously analyzed LSECL's chart, noting its consolidation phase since June 2024. After scaling out, the stock broke out in December, reaching an all-time high of 7.45. Following this, it entered a pullback phase within a bearish channel, which is actually a bull flag pattern. The selling climax touched 3.89, after which the stock reversed, forming a bullish IFDZ and a bullish majoring gap.
🚨 TECHNICAL BUY CALL – LSECL🚨
Buying Levels in 3 Parts:
1. 6.09
2. 5.92
3. 5.80
TP1: 6.82
TP2: 7.44
TP3: 7.94
Stop Loss: Below 5.20 closing basis
Risk-Reward Ratio: 3.61
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.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
LSECL trade ideas
LSECL LONG TRADE 10-June-2025LSECL LONG TRADE
LSECL listed on PSX in June 2024, has shown significant movement since then. After consolidating in a SCALOP formation, the stock gave a breakout in December 2024. It reached a higher high of PKR 7.47 before entering a corrective phase within a yellow channel.
The stock price is currently moving within a larger, upward-slanting channel marked in light blue. After giving a selling climax and exiting the corrective yellow channel, the price took support at PKR 3.9, re-entered the channel, and continued upwards, breaking out with volume gradient support.
🚨 TECHNICAL BUY CALL – LSECL🚨
- *Buying Level 1*: PKR 5.56 (current level)
- *Buying Level 2*: PKR 5.26
- *Buying Level 3*: PKR 5.01
Target Prices
- *TP1*: PKR 6.22
- *TP2*: PKR 6.68
- *TP3*: PKR 7.4
Stop Loss below PKR 4.6 (Daily Close)
Risk-reward ratio of 3.3.
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.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.