Pulled back from 200-day SMA, targets and entry points are mentioned on the chart.
The price action is in uptrend, currently trend line resistance lies around 40 which consider as the first target of MLCF. For swing trading setup, price needs to break out for upside projection.
MLCF is making flag pattern, break out is already observed, flag projection lies around 48
There are two possible scenarios in SYS technical chart, either it follows parallel channel or pull back from its current support level.
SNGP shows a symmetrical triangle pattern, which often indicates a breakout either upwards or downwards as the price narrows into a point. In this case, the price appears to be breaking out upwards, supported by strong bullish momentum. The chart has three clear target levels: TP1 at 81.50 PKR, TP2 at 93 PKR, and TP3 at 104.64 PKR. This suggests a potential for...
Forming Inverse Head & Shoulder Pattern Entry Price: 44.70 TP1: 44.70 (towards Neckline resistance) TP2: 50 (if breaks neckline) TP3: 56 (Invers H&S Projection target) SL: 36
This chart shows a symmetrical pennant formation for Symmetry Group Ltd., indicating a potential breakout. The pattern suggests bullish momentum if the price breaks upward, with key targets set at different levels: the initial target at 10.90 PKR, a double top target at 11.85 PKR, and a pennant target at 14.45 PKR. A stop loss is defined at 8.89 PKR, mitigating...
It took 840 days for RENDER to test its parallel channel at $13.83 or we can say it took 840 days to establish this pattern. Then in the latest dump its currently testing lower side of the parallel channel, if this level sustains then next 840 days parallel channel projection lies around $20. Who is going to hold for such a long period?
The chart shows WOO/USDT on a 4-hour timeframe, with price action within an ascending channel. The trend appears bullish, as the price consistently forms higher highs and higher lows, respecting the channel's support and resistance lines. A long position is indicated, with the entry near the channel support around 0.1770. The target is set near 0.2350, close to...
FFL highlighting a potential "cup and handle" pattern. The price recently broke out above a downward-sloping trendline, marking the handle's resistance at approximately 11.86 PKR, suggesting a potential bullish reversal. Key resistance levels are marked at R1 (14.82), R2 (16.47), and R3 (18.70), providing potential targets if the upward trend continues. This...
HTL - Buy Call Stock Summary : HTL closed at PkR34.70 and suggests a potential bullish reversal. It’s approaching the lower Bollinger Band, indicating that the downside may be limited, while the William percentage indicator suggests that the stock is 70% oversold, indicating a reversal stance. Recommendation : Initiate buying positions on weakness or...
The monthly chart for Bank Alfalah Ltd (BAFL) on the Pakistan Stock Exchange shows a strong upward price movement followed by a corrective phase. After a significant rally, increasing by 37.17%, the price has pulled back and is currently testing support around the 61.99 PKR level. Key Fibonacci retracement levels indicate potential support at 55.50 PKR (38.2%...
This chart for Dewan Farooque Motors Ltd (DFML) displays a "Dragon Pattern," a bullish reversal signal. The pattern is characterized by two distinct lows (labeled as Foot #1 and Foot #2), followed by a breakout above the resistance line (marked as "Entry"). The head and hump within the pattern indicate consolidation before the breakout. The take profit targets are...
The price appears to have bounced from a recent low around the 830 level, forming a potential reversal pattern. The price is currently trading around PkR848.50 after a downward trend that seems to have reversed. There are marked support zones near 830-840 PKR, and the price is showing some recovery with higher highs and lows. Entering a long position might be...
RPL looks attractive as its already on lower side from its top of 22.44, next accumulation zone lies around 16 and if it follows the same pattern of Higher Highs & Higher Lows then potential upside towards 24 gives 50% gain. This is a swing trade setup and can take time to give this much return or may be early. Use stop loss at 12 to manage risk, entry at 16 if...
QUICK is gaining momentum, entry around 0.037 for the target of 0.04 with the stop loss at 0.036
BFBIO can be consider upon filling up the gap. Long position can be consider around 87.50 for the target of 93 with the stop loss at 85 if the parallel channel breaks downward.
This chart for Pakistan Tobacco Co Ltd (PAKT) shows a classic cup and handle pattern, which is a bullish continuation signal. The stock experienced a downtrend followed by a rounded bottom (the cup), and it has now formed the handle with a slight consolidation. The recent breakout past the handle indicates a potential upward price movement. The target price...