SEARLWe can attempt to buy SEARL from specified level as 0.5 FIB also intact , also there is no bearish divergence at current levels.
SL , TP mention in chart.
SEARL trade ideas
a Very Strong Resistance around 65 - 66
However, a Bullish Divergence on Weekly
as well as Monthly TF is a Positive Sign
On the flip side, it may take Support from 53
then 49.
Weekly Closing above 53 may trigger Positivity
SEARLE - 1H - Bullish Flag - PSXIn this chart we have observed a Bullish flag formation on one hour time frame and we place entry, SL & TP accordingly. No Divergence spotted.
Searl PSX Price is forming an inverted head & shoulder pattern showing bullish momentum, also supporting the line.
SEARL | Flag Pattern Need ConfirmationThe current price action demonstrates movement within a parallel channel. A breakout from this channel is indicative of a potential further upward trajectory. Initial resistance is observed around the 60 level, with secondary resistance at approximately 64. To manage risk, it is advisable to employ a stop loss strategy, with stop orders placed below the 50 mark.
SEARL is BullishSEARL was in a declining phase, after bullish divergence appeared on the top, however it has broken the series of lower highs and lower lows by printing a higher low and higher high. This could mark the beginning of a bullish rally, targets are mentioned on the chart.
PSX -SEARLSEARL has given the breakout of trendline and higher high. Also stock actively part of Top Volume leader list. which reflect the positive trend in the stock to break the recent high value in last rally.
Buy Entry: 55
Stop Loss: 49.50
TP1: 60
TP2:65
SEARLSEARL Buy from specified level (also 0.5 FIB , trendline support intact)
SL , TP mention in chart
Bullish - Any News???Bullish Divergence on Weekly, Daily, & Hourly TF
Morning Star Formation on 4H TF
Play on LevelsBuy1: around 48.50 - 49.55 | TP1 around 51.50-52
Buy2: around 45.30 - 46.40 | TP2 around 48 then 50
Stoploss 42 (closing basis)
SEARL is BearishSEARL is currently bearish as it made a bearish RSI divergence on daily time-frame, and it was further validated by the formation of first lower high and lower low. If it breaks the previous lower low, it would further move downwards to new lows. Hence, be cautious!!!
SEARL OutlookSEARL trend changed after the Bearish divergence and double confirmed after the breakout of last LH.
Buy: SEARL
Entry:58.50 (CMP)
StopLoss:53.50
TP1:63.50
TP2:68.50
SEARLBullish on Weekly TF
Buy1: around 56 - 57
Buy2: around 52 - 53
TP1: around 60
TP2: around 63
Stoploss 48 (closing basis)
Weekly bullish divergence After changing direction now in correction mode. The medium term target is around 135 on the resistance level of channel.
SEARL | WEEKLY SCALE | LONG TERM HOLDSearl Pharma
Searl is an excellent choice for a long-term investment (1 to 2 years timeframe).
It has recently broken its downward trend and moved to establish its first high. We anticipate this momentum to persist for a while, and the upside appears promising for long-term holders.
A strict stop-loss should be used below 47 for any long position.
SEARLBuy Call # *135-SEARL*
Date : 14-12-2023
*Plan 1*
Buy around 58.50
Sell around 62 - 64
SL 54 (closing basis)
*Plan 2*
Buy Above 64.50
TP1 : 67
TP2 : 70
TP3 : 74
SL : 54 (closing basis)
Searl PSX KSE1001. Weekly Chart ABCD pattern.
2. Breakout from the Downward Resistance line.
3. Price is also supported by Volumes.
4. Safe Entry Price closing above 64.
5. SL below 53 short term, while below 50 closing
for long-term investors.
SEARL is BullishSEARL is in the trending phase as per Dow theory and hence the rally is just getting started. Targets are mentioned on the chart.
SEARLPrice pulled back from support lies around 38.50 if this level sustains then it can retest it's resistance around 46
SEARLE:PSX Bullish Reversal likelySEARLE:PSX is observed to be in downtrend on 1D timeframe. However, a bullish divergence has been observed on RSI in conjunction with a double bottom bullish reversal pattern. Entry has been marked on chart on break above previous LH of 46.70. SL and TP have been suitably marked on chart for long position.
searl.psxmost ressitive zone 38 to 38.40
support no 1 36.89
support no 2 35.81
bullish order block 34.97
