mbaberhanif

mbaberhanif Updated 

Presently, the price of the asset is on a downward trend, meaning it keeps making lower highs and lower lows after being stopped by a downward trend line. To switch to an upward trend, we need to see the price break above this trend line. The first level of support, where the price might bounce back up, is around 10.60. If it falls below that, the next support...

mbaberhanif Updated 

🚀 Stock Alert: SHEL 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Level: 147 🎯 First Targets : 157 🎯 Second Targets : 167 ⚠ Stop Loss: 142 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: *SHEL* is currently pulled back from 200 day EMA overall momentum is bullish. Initial...

mbaberhanif Updated 

ILP Short term analysis 4th April 2024 Buy at 73 with strict stop loss of 71 and profit targets at 77. TECH NOTE: ILP break out and retest from its trend line is observed on 4 hour chart. This pattern is bullish for its price action. Use stop loss if breaks 71 and do profit taking around 77.

mbaberhanif Updated 

Break out from the trend line is observed in PPL, two step buying is recommended in this stock. Can be consider at current price around 113 and at the retest of the lower trend line around 107. Following are the resistance levels: R1: 120.90 R2: 127.80 R3: 137.90 Use stop loss if breaks previous low of 103.60.

mbaberhanif Updated 

Saudi National Bank displays a promising bullish reversal pattern characterized by the formation of bullish flag pattern and divergence with RSI. Our plan entails accumulating the stock within the designated buy zone (37.50-37.70 range), while setting stop loss orders below the bottom of support around 36. Anticipation builds for a substantial surge in momentum...

mbaberhanif Updated 

In the context of a cup and handle pattern, the cup materializes as the value of an asset undergoes an initial ascent, subsequently followed by a gradual descent, culminating in a rounded bottom reminiscent of a "U" shape. Presently, the price action is demonstrating the formation of such a "U" shape, with an anticipated completion near the 403.90 mark. Following...

mbaberhanif Updated 

🚀 Stock Alert: NML 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buy Level: 66 🎯 First Target: 70 🎯 Second Target: 73 ⚠ Stop Loss: 62.50 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: Presently, NML has retracted from its upward trend line, culminating in a closing price of 66.07 in...

mbaberhanif Updated 

🚀 Stock Alert: PABC 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range : 65-65.50 🎯 First Targets : 67.50 🎯 Second Targets : 72.50 ⚠ Stop Loss: 62.50 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: YES 📰 Technical View: *PABC* is currently pulled back from 200 day EMA overall momentum is bullish....

mbaberhanif Updated 

🚀 Stock Alert: PAKRI 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Entry Level: 12.50 🎯 First Target : 16.58 🎯 Second Target : 19.60 ⚠ Stop Loss: 11 ⏳ Nature of Trade: Swing Trade 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: YES 📰 Technical View: Currently, the price is testing the support level at approximately 12.50, which...

mbaberhanif Updated 

The price movement is exhibiting a pattern of rejection from a descending trend line. Presently, support is delineated within a range of 550-555, constituting a trial of the ascending trend line, from which a retracement is anticipated. The 50% retracement level is situated at approximately 615, serving as a test of the descending trend line, which functions as a...

mbaberhanif Updated 

Analyzing the current chart, we observe the formation of a Flag pattern and currently it shows break out and retest from its flag. Initial target of the stock is around 74.50-75 and secondary target is around 78. In a long term, upon completion of the flag pattern, the price can reach to 88 level also. Use stop loss if it breaks 64.

mbaberhanif

NCPL has pulled back after making support around the 28.20 - 28.30 range which acts as resistance before. This shows a sigh of bullish momentum towards the breakout zone at 30.90. A break above this level could trigger a rally towards 33.40. Use stop loss below 26.

mbaberhanif

The price action is moving in an ascending parallel channel. Currently it's trading above the middle line of the channel with the closing at 110.27. Moving forward immediate resistance lies around 115 upon breaching this level then the next resistance lies around 127. On the flip side, the initial support level lies around 105 and secondary support lies around...

mbaberhanif

The price action is in an uptrend making higher highs and higher lows with the negative session observed in the last trading session and price closes at 58.70 (-1.51%). Support level lies in the range of 57.50-58 where long position can be consider with the stop loss below 55 to manage risk. On the flip side, initial resistance lies in the range of 61-61.50 and...

mbaberhanif

The price action is currently near the test of ascending trend line after got rejection from 15.52 level where bearish divergence with RSI is observed and closes at 12.40 in the last trading session. Upon sustaining the trend line support price can pull back towards its resistance levels of 13.50. If it breaks down ward then further bearish momentum can be seen.

mbaberhanif

🚀 Stock Alert: HCAR 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range : 320-330 🎯 First Target : 344 🎯 Second Target : 388 ⚠ Stop Loss: 288 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: The price action is currently pulling back after the break out from its previous...

mbaberhanif Updated 

Pull back from the trend line is observed in AIRLINK. Initially it has potential to test 77 level and previous top lies around 83 which can be considered second target. Use stop loss if breaks trend line at 68.

mbaberhanif Updated 

🚀 Stock Alert: *PACE* 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buy Stop: 3.05 🎯 Target Level : 3.65 ⚠ Stop Loss: 2.70 ⏳ Nature of Trade: Short Term 📉 Risk Level: Medium ☪ Shariah Compliant: NO 💰 Dividend Paying: NO 📰 Technical View: PACE's flag pattern breakout at 3.05 presents a compelling opportunity, with a target at 3.65 and a stop loss at...