Double Top Formation (Bearish). However, Still Bullish on All Time Frames, if it Crosses & Sustains 490 - 491, we may witness 516 - 517 immediately.
Sideways Channel Breakout. Channel Top is around 33 - 35 Bullish Pennant Pattern Target is around 40 - 42. It should not break 23.50; else we may witness trend reversal.
Double Bottom around 51.70 Important to Sustain 59. Next Support is around 55.50 - 56 Crossing & Sustaining 59 may lead it towards 61 -62 Should not break 51.50
Weekly Closing is not bad. However, 17 should not be broken. Monthly Closing above 18.70 will trigger further positivity.
It has taken Support from 0.618 fib level. If 485.50 is Sustained, we may witness 580 initially. On the flip side, 407.50 is immediate Support on Monthly basis.
Buy with Stoploss 7 (Closing basis) Targets can be around 8.50 - 9.50 then 11 - 12
Detailed Analysis on KSE100. Hourly, Daily Weekly & Monthly.
However, Bearish Divergence is there on Weekly TF. With Slight Corrections, Index may reach 141000. S1 is around 134350 S2 is around 132173 However, crossing 138000 may lead it towards 141000.
Though it is Still Bullish on Longer Time Frames, but If 20.80 is not broken, we may find this point to be a Confirmed HL. On the flip side, Crossing & Sustaining 29, we may witness 38 then 40+
Seems like Retested the Breakout level around 24 - 24.5 Targets can be around 37 then 43. However, should not break 23.
Crossing & Sustaining 107.50 may expose New Highs targeting (may be) around 150+
Bullish on All Time Frames. Seems like breaking out a Triangle on Monthly TF. Retesting around 20.80 - 22.30 can be a Good Opportunity to buy. However, if 24 is Crosses & Sustained, we amy witness 25.50 initially, with ultimate target around 29.
Continuously in Uptrend. Cup & Handle + Flag Pattern in play. Currently seems to be at Important Resistance Area from where it may resist & come down towards 208 - 215 to take support from.
Long.. Targets can be around 4095 Better to wait at the mentioned entry point with mentioned Stoploss level.
Crossing 18.20 will make it Bullish. Immediate Support is around 11 - 11.25 However, Trendline Support is around 9.50 - 9.70 Breaking 8 will reverse the Trend towards downside.
Good Support seems to be 22 - 22.10 If it takes Support from the mentioned level, we may witness 24 - 24.50 & the trend may continue to make HH HLs.
Though it has Broken the Parallel Channel but there is Bullish Divergence on Hourly TF. However, there is a Tweezer Top Candle formation on Weekly TF. So if 8.70 is Crossed, we may aww the Trend Contiuation. Good Support seems to be around 7.60 - 7.80 Immediate Resistance is around 8.70 - 8.90
Buy above 18.50 Sell around 20.50 Stoploss 16.50 There seems to be a positive move in it soon. IA