Bullish Divergence on Bigger tf.TPLP Analysis
Closed at 9.72 (07-07-2025)
Bullish Divergence on Bigger tf.
However, important to Sustain 9.25 - 9.50
Bullish Momentum will start once it will
cross & Sustain 14.60 - 16.10 zone.
Then the Targets can be around 22 - 24 initially.
It should not break 6.20 now.
TPLP trade ideas
TPLP – LONG TRADE | 08 JULY 2025TPLP – LONG TRADE | 08 JULY 2025
TPLP broke out of a downward channel in December, followed by an automatic rally and a retest of the original support zone with a spring. Current structure indicates signs of a strong upward reversal, with multiple quantified targets likely to be achieved in the next leg of the trend.
📌 Execution Strategy:
Caution: Please buy in 3 parts within the buying range. Close at least 50% of your position at TP1 and trail the stop loss to protect profits in case of unforeseen market conditions.
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TPLP Technical Analysis(Weekly): Potential Bullish SetupTPLP (TPL Properties Ltd) has recently bounced from a monthly support level, accompanied by a strong bullish closing on the weekly chart, indicating a good discount level for potential buyers. The price also took support from a downward trendline on the weekly timeframe. While we may or may not retest the Buy 2 level, there is a probability as it aligns with a daily gap-up level that price might look to fill. After Take Profit 2, there isn't significant major resistance, suggesting the potential for the price to reach Take Profit 3. It's truly a game of probabilities, and the odds here look compelling for upside!
Trading Recommendations:
Buy 1 (CMP): 9.14
Buy 2: 7.3
Stop-Loss Level: Closing below 6
Take Profit 1: 14.7
Take Profit 2: 20
Take Profit 3: 38.5
Happy trading!
Bullish Divergence on Weekly TF.Bullish Divergence on Weekly TF.
Seems like taking Support from a Very Important
fib. level around 10.30 - 11.40
Falling Wedge Pattern on Daily TF.
10.90 Should be Sustained on Monthly Basis, otherwise
we may witness further Selling pressure till 8.
Important Resistance is around 12.30 - 12.65 as of now.
Bullish Divergence on Weekly TF.Bullish Divergence on Weekly TF.
Seems like taking Support from a Very Important
fib. level around 10.30 - 11.40
Falling Wedge Pattern on Daily TF.
10.90 Should be Sustained on Monthly Basis, otherwise
we may witness further Selling pressure till 8.
Important Resistance is around 12.30 - 12.65 as of now.
Uptrend in TPLPThere is a clear uptrend in TPLP and no divergence in the chart on the daily timeframe. The current uptrend is expected to continue following the Dow Theory and forming new HHs and HLs as per the Entry Point, Stop loss, and TPs highlighted in the chart. This can be a good point to take long positions in TPLP.
TPLP is BullishPrice was in a strong downtrend respecting the descending trendline. However, bullish divergence followed by the break of trendline hints the control of bulls. If the bulls manage to break previous lower high then a bullish reversal is on the cards as per Dow theory. Targets are mentioned on the chart.
TPLP_KSE100_#TPLP__#Trading_#daily_#call_#IdeaThe daily chart shows a strong bullish divergence, However the price making consecutive lower lows and lower closes, with this bullish divergence we are expecting the trend might reverse and Bulls may again step in and shows dominance.
The recent price action has formed a complex pullback, and now the price is testing the strong resistance zone 8.89, which is a psychological level. If the price maintain this level, I expect it the script will bounce back from this level and shows some upwards momentum. Potential levels identified on the charts as well.
# DYOR (Do your own research as well)
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