PSX trade ideas
PSX Stock Trading StrategyPSX Buying Opportunity:
Key Levels:
1. Current price: 26
2. Buy zone: 24-22
3. Stop loss: 21.30
4. Targets: 29, 31, 34, and final target 36
Strategy:
1. Buy on weakness: Enter the trade if the price dips to 24-22.
2. Risk management: Set a stop loss at 21.30.
3. Profit targets: Aim for 29, 31, 34, and 36.
Considerations:
1. Market conditions: Monitor PSX trends and news.
2. Risk tolerance: Adjust position size according to risk appetite.
This strategy is based on the provided information. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
PSX โ 30-Min Short Trade Setup!๐ ๐ป
๐น Asset: Pakistan Stock Exchange Ltd. (PSX โ PSX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Double Top + Rising Wedge Breakdown
๐ Trade Plan โ Short Position
โ
Entry Zone: ~27.00 (Rejection near resistance trendline)
โ
Stop-Loss (SL): 27.67 (Breakout high + wedge invalidation)
๐ฏ Take Profit Targets:
๐ TP1: 25.98 โ Previous breakout level
๐ TP2: 25.03 โ Horizontal support
๐ TP3: 23.60 โ Trendline base
๐ Risk-Reward Calculation
๐ฅ Risk: ~0.67/share
๐ฉ Reward to TP3: ~3.40/share
๐ R/R Ratio: ~1 : 5+ โ High-efficiency pullback play
๐ Technical Highlights
๐ Double top rejection at supply zone โ
๐ Rising wedge breakdown with selling pressure โ
๐ Bearish engulfing near resistance โ
๐ Volume spike confirms reversal intent
๐ Risk Management Strategy
๐ Move SL to breakeven after TP1
๐ฐ Lock profits at TP2
๐ Let remainder trail to TP3
โ ๏ธ Setup Invalidation If:
โ Price breaks and closes above 27.67
โ Bullish consolidation instead of pullback
โ Breakout volume resumes
๐จ Final Thoughts
โ Bearish structure with strong reward potential
โ Clean rejection at multi-day resistance
โ Ideal short setup post breakout exhaustion
๐ #PSX #ShortSetup #ProfittoPath #ChartAnalysis #BearishReversal #SwingTrade #TechnicalSetup #PriceAction #RiskReward #SmartMoneyMoves
PSX โ 30-Min Long Trade Setup !๐ ๐ข
๐น Asset: Pakistan Stock Exchange Ltd. (PSX โ PSX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Inverse Head & Shoulders Breakout + Trendline Flip
๐ Trade Plan โ Long Position
โ
Entry Zone: Around 25.50 (Breakout + Retest)
โ
Stop-Loss (SL): 23.60 (Below structure + trendline)
๐ฏ Take Profit Targets:
๐ TP1: 25.98 โ Recent resistance
๐ TP2: 26.47 โ Supply area
๐ TP3: 27.08 โ Major resistance (swing extension)
๐ Risk-Reward Calculation
๐ฅ Risk: ~1.90/share
๐ฉ Reward to TP3: ~1.58/share
๐ R/R Ratio: ~1 : 2.8 โ Solid high-conviction trade
๐ Technical Highlights
๐ Breakout from inverted H&S pattern โ
๐ Trendline breakout and retest confirmed โ
๐ Bullish volume spike on breakout candle โ
๐ Clear higher high and higher low structure ๐ผ
๐ Risk Management Strategy
๐ SL to breakeven after TP1
๐ฐ Secure 50% profits at TP2
๐ Let the remaining portion run toward TP3
โ ๏ธ Setup Invalidation If:
โ Breakdown and close below 23.60
โ Fails to hold the trendline breakout
โ Sudden volume divergence + bearish reversal
๐จ Final Thoughts
โ Pattern-backed breakout with momentum
โ Tight SL + clean R/R = efficient swing setup
โ Smart structure play with bullish follow-through
๐ #PSX #PakistanStockExchange #BreakoutSetup #ProfittoPath #SwingTrade #TechnicalAnalysis #ChartSetup #RiskReward #VolumeSpike #PSXTradeIdeas
PSX โ 30-Min Long Trade Setup !๐ ๐ข
๐น Asset: Pakistan Stock Exchange Ltd. (PSX โ PSX)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Trendline Breakout + Retest
๐ Trade Plan โ Long Bias
โ
Entry Zone: Around 23.39 (post-breakout confirmation)
โ
Stop-Loss (SL): 22.85 (below recent structure low)
๐ฏ Take Profit Targets:
๐ TP1: 24.52 โ Previous resistance
๐ TP2: 25.98 โ Major supply / top of the range
๐ Risk-Reward Calculation
๐ฅ Risk: 23.39 - 22.85 = 0.54 PKR/share
๐ฉ Reward to TP2: 25.98 - 23.39 = 2.59 PKR/share
๐ R/R Ratio: ~1 : 4.79 โ Excellent opportunity
๐ Technical Highlights
๐ Falling trendline broken with bullish momentum โ
๐ Support holding at 22.85 (white line) โ
๐ Volume spike + bullish retest confirmation ๐ฅ
๐ Yellow zone = structure resistance turned support
๐ Risk Management Strategy
๐ SL to breakeven after TP1
๐ฐ Book partial at TP1
๐ Let the rest run to TP2
๐ Use structure โ not emotion
โ ๏ธ Setup Invalidation If:
โ Breaks and closes below 22.85
โ Fakeout candle with volume and rejection
โ Loses trendline and support zone
๐จ Final Thoughts
โ Trendline breakout confirmed with strong R/R
โ Clean structure for intra or swing setups
โ Great setup for PSX-focused traders
๐ #PSX #PakistanStockExchange #TechnicalSetup #ProfittoPath #BreakoutTrade #RiskReward #StockTrading #SupportResistance #ChartAnalysis
PSXThe price movement is exhibiting a pattern of higher highs and higher lows, signaling a bullish trend. Presently, there is a retracement following the establishment of a higher low, which coincides with a significant support level. This suggests a potential continuation of the bullish trend.
The initial target price is aimed towards the previous high at 16.60. Further, upon a breakout and sustained trading above this previous high, an anticipated new higher high level around 18.10 is envisaged.
To manage risk effectively, it is advisable to implement a stop-loss at 13.90.