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WTL is a technology company at Pakistan Stock Exchange. Over the period of one year the company has printed the soucer bottom. From Oct. 23 to date the script has been posting HH and HL.. This brings the conclusion that that accumulation phase is about to be over. Closing above 1.90 shall commence the breakout phase. This trade may span over weeks. Support level...

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GCIL staged a very healthy bull run. After some pause the bulls are taking control of the events. So join them Trade Plan SL 10.00 TP 1 14.78 TP 2 Entry Price 11.25

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On 3rd of November it was pointed out that script is gaining strength subsequently it hit all its targets. now after retracement it has started showing the signs of vitality. This time the plan has been prepared in 2hrs time frame. Risk and reward ratio is very good. Entry levels are more than one. 1. Current level is for aggressive traders. 2. Suggested level...

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On daily time frame the Hi-Tech Lubricant showed a recovery after long down trend at the start of October 2023. From around 22 it gained more than Rs.8 . It than went into retracement phase. Yesterday It printed a green candle and today ( 2:30 pm) still in green zone. The volume has been very thin for the day on hourly chart, Wyckoff-ians can understand the...

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Cherat Cement Co. is a cement manufacturer in Pakistan. Recently it gained a price hike in a smooth uptrend. It has been in retracement and it is showing the signs of reversal. If it reverses from here the medium term target shall be 162.90. Wheras in short term the resistance it shall be facing shall serve as the TPs. Our cautious friends may initiate trade at...

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Pioneer Cement Co. is a cement manufacturer in Pakistan. Recently it gained a price hike in a smooth uptrend. It has been in retracement and it is showing the signs of reversal. If it reverses from here the medium term target shall be 142. Whereas in short term the resistance it shall be facing shall serve as the TPs. Our cautious friends may initiate trade at 116...

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EPCL is a chemical company providing raw materials to many construction related indutries. It has been in downtrend for very long. Recently it hit the low of 38.5 which is the lowest low so far. From this point it reversed and posted a high of 47.95, which is a significant gain. Than comes retracement which is a natural eventuality. If we apply fib. retracement to...

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Fauji Food Limited has posted higher highs. We can buy at the current level with the profit target of Rs. 7.63

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BERG has been steadily moving upward for quite sometime. It has been facing the resistance thus forming a triangle. We have two strategies to trade the triangle 1. take position at the Breakout of price above the triangle . 2 is buy the support. for those who want to buy at discount the fib. levels has been identified along with the stop loss levels.

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After a long downtrend, which began in 2021, the script is trying to get some foothold from the June of this yeare. These effors seems to be taking some ground. In this process the script has completed the Harmonic pattern and (PRZ ) potential reversal zone has been established and it is suggested to place the stop loss below this point. We can use the R-1 and...

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WHALE is a home appliances company. From the start of july to to-date it has printed the rising triangle on price chart which is a bullish pattern. Looking at the chart it appears that the price barrier of 7.37 is about to be crossed over which shall trigger the next bullish momentum. Once this hurdle is crossed over the targets shall be 8.35 & 9 respectively. The...

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CEPB a company from paper & board sector. The price rose very sharply from the start of November and from last 4 sessions the price is retracing. We suggest a buying zone in accordance with the fib. levels. There is a chance that the price my ping pong between resistance and trend line above it. For quick reference the Stop Loss & TP has been marked on the...

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UNITY is a premier food company. It hit the lowest low in May 2023. From their it had a sharp rise followed by a consolidation period. Dotted trend line shows the trend it has been following from August 2023. with the start of this week the security displayed a sharp rise in price this rise has strongly supported by the hefty volumes which shows the commitment of...

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The Organic Meat Company, after hitting the bottom rock started surfacing again. After crossing the price level of Rs. 23 it retraced to 0.38 level. For the last two days it has been printing the green candles which is a good sign for bulls. Yet another point in bull's favor is the crossing of RSI over its MA. We are expecting some intraday pressure, otherwise...

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Gul Ahmed Textile Mills Ltd. is a prominent plays in textile sector. It posted a high price of 21.40 in the last days of May 2023. Afterwards the prices have been declining. From the middle of September it started gaining the momentum. Start of November witnessed sharp rise in the price and intraday breach of previous high. After few days it crossed over the same...

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FATIMA is a fertilizer compony. From September 2023 it has been gaining the grounds and steadily moving upward. It touched the high of 33.70 in mid October. Than started the process of retracement to the 0.38 level. In last two weeks it has shown considerable momentum. In current week volume has been very high which is another positive sign. Icing on the cake is...

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After a laggard journey to upward the pair has succumbed to the selling pressure and price has significantly come down resultantly we are seeing a pullback or dead cat bounce. These are good opportunities for the late comers. So you may join in and enjoy the ride. For your convenience trade trigger point, stop loss and TPs have been marked of the chart. Have a...

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The pair has traveled a long distance to north and consequently fatigue is taking over the bulls. Exhausted bulls have made a last ditch effort to resume the journey but RSI divergence is disclosing the shallowness of the effort. So the soon the bears shall have a lot to celebrate. Trigger point for the short sell has been marked on the chart with the...