MEBL - BULLISH FLAG MeBL is in CONTINUATIONAL trend, there is no divergence but due to the formation of bullish flag pattern a upside move is expected if it breaks the pole , long entry is recommendend then.Longby MSafwanS0
MEBL (Buying On Dip).MEBL (Buying On Dip). is recommended at the level of 213-216, and sells at 225 as tp 1 and 235 as tp 2. As 215 has been channel bottom with good support lying on it . place Sl below the recent support line. Longby Earn_withHassaan6
Week 3 Line Charts Idea 3: MEBL RSI analysisThis analysis combines RSI (Relative Strength Index) analysis with Fibonacci retracement levels on the MEBL line chart to formulate a comprehensive trade plan. Trade Plan: Entry Price/Buy Limit: 209.02 Stop Loss: 194.40 Lot Size: 68 Take Profit Targets (TP): TP1: 223.64 with Risk-Reward Ratio (RR) 1% TP2: 238.26 with RR 2% RSI indicates that there is no divergence, as it is parallel with the bullish trend. This supports the continuation of the trade plan based on Fibonacci retracement. Longby nilambano30
Week 3 Line Chart Idea 2: MEBL with Fib RetracementThis analysis employs Fibonacci retracement levels on the MEBL line chart to formulate a trading plan. Trade Plan: Entry Price/Buy Limit: 209.02 Stop Loss: 194.40 Lot Size: 68 Take Profit Targets (TP): TP1: 223.64 with Risk-Reward Ratio (RR) 1% TP2: 238.26 with RR 2%Longby nilambano33
Week 3 Trendlines Idea 1: MEBL Line Chart Analysis The chart depicts a bullish trend marked by consistent higher highs and higher lows, indicative of potential upward momentum. Trade Plan: Entry Price/Buy Limit: 205.86 Stop Loss: 194.40 Lot Size: 87 Take Profit Targets (TP): TP1: 217.32 with Risk-Reward Ratio (RR) 1% TP2: 228.78 with RR 2%Longby nilambano31
Week 2 Candle Stick Pattern Idea 3: MEBLOn July 7, 2023, the MEBL chart displayed an inverted hammer candlestick pattern, indicating potential bullish reversal. Here's a trade setup based on this pattern: Entry Point: 99 Stop Loss: 86 Take Profit Targets: TP1: 112 (Risk-Reward Ratio 1%) TP2: 125 (Risk-Reward Ratio 2%) TP3: 138 (Risk-Reward Ratio 3%) TP4: 151 (Risk-Reward Ratio 4%) The inverted hammer candlestick pattern is characterized by a small body and long upper shadow, suggesting a shift from bearish to bullish sentiment. Traders can consider entering a long position at the specified entry point with a stop loss set below the pattern's low to manage risk. On April 3, 2024 , MEBL chart displayed a Bullish Hammer candlestick pattern. Here's a trade setup based on this pattern: Entry Price: 213 Stop Loss: 195 Lot Size: 55.56 on Rs100,000 account Take Profit Targets: TP1: 231 (Risk-Reward Ratio 1%) TP2: 249 (Risk-Reward Ratio 2%)Longby nilambano30
MEBL - BULLISHMEBL shows uptrend following HH'S and HL's, forming bullish candlestick patterns on Higher Lows.Longby MSafwanS1
MEBL- In Bullish ContinuationMEBL is making a Bullish Continuation pattern as it is making a Bullish flag and also there is no divergence.Longby MasoodAnsari3
MEBL continus to build HH AND HL if the meezan bank continues to build up like this it can up to 154 first tp and the second tp will 164. if it breaks to downward than it will goes 134 level than goes to 122 rupeesLongby ozzy7861
MEBL - Bullish TrendMEBL is in bullish trend and printing higher highs and lower lowsLongby imaliriaz2
MEBL (PSX) - AB=CDMeezan Bank (MEBL) is forming an AB=CD harmonics pattern. With the current bullish trend of KSE100 it is quite possible that if MEBL successfully breaks the neckline it can make new highs around 160. It is important to note that it has retraced from FIb 0.45 levels Longby mqasim772
Mebl Looks like Banking sector will be positive in next week opening, keep in mind that kse 100 index is at resistance trend line with minor bearish divergence market may open 200+ point in negative Double Bottom and bullish divergence on RSI 1 Hr, NO FINANCIAL ADVISE Longby hamza0073374
MeblInitial support are around 105-106 then 96-100 ,Incase of increase in interest rate ,this can change ,for more information ,More price action is neededby hamza007337112
PSX: MEBL POTENTIAL REVERSAL ZONE Meezan Bank Ltd. , MEBL is rapidly growing Islamic Bank in Pakistan. In recent rally it has gained enormous price hike. In last few days it has not been able to cross the resistance level and has started showing the signs of weakness. Current harmonic pattern drawn on the chart clearly depicts the present level as PRZ, potential reversal zone. Keeping in mind that a detailed trade plan has been prepared for your kind attention.Shortby usufgul5