ILP showing a clear Head and Shoulders pattern, which is a common bearish reversal signal. The components of the pattern include: Left Shoulder : The first peak that forms after an uptrend, followed by a pullback. Head : The highest peak that follows the left shoulder, followed by another decline. Right Shoulder : The final peak, lower than the head but...
If the price breaks lower trend line then Bearish Pennant Pattern confirms and more down side can be seen in upcoming sessions.
Break & retest from the descending trend line is already established. Now next move towards $5 gives 85% gain
BOME breaks trend line, more upside can be seen. Levels are mentioned on the chart.
POWER - Buy Call Entry: 5.21 Target: 5.51 (5.7%) Stop Loss: 4.96 Stock Summary : POWER closed at 5.21 and is currently holding below the 20-day SMA on the daily chart. The stock finished 4.42% above the lower Bollinger Band. Upper band lies at 5.64. POWER tested an upward trend line in the last trading session and successfully closed above it, establishing...
The chart displays AdEx (ADX) paired with USDT on a 1-hour timeframe. The price has experienced a recent breakout from a consolidation range and is currently trading at 0.1818 USDT, just above a previous resistance level. The breakout suggests potential bullish momentum, and if the price sustains above 0.1820, it could signal further upside. A target around 0.2000...
The price recently touched a support level near PkR23, aligned with a rising trendline (orange). Several zones are marked, including potential supply zones (red) around PkR27-29 and a demand zone (green) at PkR22. A forecasted price projection (green line) indicates potential upward movement, possibly reaching the 27-29 range, with a pullback expected afterward.
The chart represents a head and shoulders pattern for Interloop Ltd. (ILP) on the Pakistan Stock Exchange (PSX). This technical analysis indicates a potential reversal in the stock's upward trend. The chart marks the "Left Shoulder," "Head," and "Right Shoulder" at the top of the price movement, forming the classic head and shoulders structure. The "Neckline,"...
Pattern: Dragon Pattern Current Status: Breakout observed from the dragon pattern. Trade Strategy: Entry: Long position at closing price of 6. Target: 7 Stop Loss: 5.50 Summary: PIBTL has broken out of a dragon pattern, signaling potential bullish momentum. Enter at 6, aim for a target of 7, and set a stop loss at 5.50 to manage risk.
The chart shows a bullish Adam & Eve pattern, a well-known reversal formation that indicates a potential shift from a downtrend to an uptrend. The "Adam" part of the pattern is marked by a sharp, V-shaped decline, while the "Eve" part follows with a more rounded bottom, reflecting a gradual recovery. The price has recently drop from its neckline, breakout creates...
Technical Analysis: PRL - Buy Call * Price Action: Consolidating above ascending trendline. * Breakout: Potential uptrend above PkR25.55. * Resistance: Initial at PkR28, intermediate at PkR30, major supply at PkR36. * Moving Averages: Below 200-day SMA, above 50-day SMA. * Momentum: Bullish (MACD, RSI). * Risk Management: Stop loss below PkR23 if...
New buy opportunity can be established in BURGER coin as its showing reversal after drop from 3 to 4 trading sessions. 0.63 can be a short term target for scalpers
This chart is for Sazgar Engineering Works Limited (SAZEW) on the Pakistan Stock Exchange (PSX). Here’s a breakdown of the analysis: Bearish Flag Pattern: The chart highlights a "Bearish Flag Pattern." This pattern is typically a continuation pattern seen in a downtrend, where the price consolidates before continuing its downward move. It suggests potential...
CPHL is currently forming a cup and handle pattern, with the cup already completed. The stock is expected to experience a pullback as it forms the handle, with the neckline situated around Rs. 35.67. Initial support for the handle is anticipated in the range of Rs. 31.70 to Rs. 31, where a long position can be considered. A break above the neckline could encounter...
🚀 Stock Alert: TREET 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range: 15.20 - 15.30 🎯 First Target : 16.50 🎯 Second Target : 17.50 ⚠ Stop Loss: 14.50 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO Note: Do you own analysis before taking any position and always use stop loss to manage your risk.
NBP - Buy Call Stock Summary : In the latest trading session, NBP closed at PkR60.02. The daily chart shows that the stock holds above both minor and major moving averages, supported by an upward trend. Parabolic SAR is positioned below the current stock price, indicating a positive stance. The RSI is at 63.61 suggesting strength as it remains above the...
The weekly chart of Dandot Cement (DNCC) shows a recent 19.55% surge, closing at PKR 13.15. The stock is approaching resistance levels at PKR 15.70 (R1), PKR 16.25 (R2), and PKR 18.23 (R3), with a descending trendline acting as overhead resistance. A breakout above R1 could push the price higher toward R2 and R3. The support zone around PKR 6.00 indicates strong...
🚀 Stock Alert: EPCL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 43.30 🎯 Target Level: 45.50 ⚠ Stop Loss: 42.20 ⏳ Nature of Trade: Short Term (Scalping) 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: The current price movement is evaluating a support level, coinciding with the observation of a Doji...