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The chart shows a completed harmonic pattern with a short-term bearish pullback expected. However, the price could rebound from the 0.000000986 USDT support, leading to a potential upward move towards 0.000001350 USDT. Traders should watch for price action near the key support level for further confirmation.

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This chart represents the monthly price movements of Unilever Pakistan Foods Ltd. (UPFL) on the Pakistan Stock Exchange (PSX). Here’s a breakdown of the chart and its implications: Current Price: - The current price is around 17,000 PKR, with the price having decreased slightly (-0.44%). Support Levels: There’s a significant support level near 15,000 PKR....

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MEBL : The price action is currently positioned above the 50-day Exponential Moving Average (EMA), exhibiting a formation of small candles at the support level. This pattern suggests that the asset is maintaining its support zone. The Moving Average Convergence Divergence (MACD) indicator is situated above the neutral line, which implies potential for upward...

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The flag pattern, identified as a bullish formation, is currently observed on the OGDC technical chart. Presently, the bullish momentum is gaining strength, with the price encountering resistance at approximately 134.50-135. This level represents the initial target. Upon a successful breakout, the subsequent target is projected to be 138.50-139. Following the...

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CSIL: Trading Opportunities and Insights Why is trading in CSIL currently constrained? Here are several key factors and recent developments suggesting a potential entry point for this stock: Price Action : The stock is in uptrend, making HHs and HLs and hovering above 200-day EMA, which is a positive indicator for stability. Whenever the price touches...

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The price action of GLAXO is currently in an uptrend. Recently, it broke through its trend line resistance and, according to the Impulse-Correction-Impulse (ICI) strategy, has since pulled back after retesting the breakout level. This retest has established dynamic support at the previous trend line resistance. The price is now hovering above the resistance level...

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The stock appears to be consolidating in a sideways trend. Long position can be consider around 28.70, while resistance lies at 30.80 and 32.40. A breakout above 32.00 could signal an upward trend. Consider range trading or pullback buying strategies. Always conduct thorough research and consult with a financial advisor before making investment decisions.

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BigTime inverted head & shoulder break out possible leads to its initial resistance level of 0.14815 then intermediate resistance around 0.24647. If it rejects its support lies around 0.05

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The chart shows a potential inverse head and shoulders pattern, which is a bullish reversal signal. The price is testing the neckline, and a successful breakout could lead to a significant move upwards toward the resistance zone around 0.005500 USDT. This pattern suggests that the market may be reversing its downtrend, with the highlighted resistance acting as a...

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The chart depicts the price movement of MOVR/USDT on a daily timeframe from Binance. A "Inverse Head and Shoulder" pattern is identified, with the left shoulder, head, and right shoulder clearly marked. The neckline is downward-sloping, and the price appears to be testing it. If the price breaks above the neckline, it could confirm a bullish reversal, with a...

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The pattern identified is a "Head and Shoulders" formation, which typically signals a bearish reversal. The left shoulder and the head have already been formed, and the right shoulder is now in the process of forming. A long position can be considered during the formation of the right shoulder, indicating the possible completion of the pattern. The chart outlines...

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This chart shows the price movement of HUB Power Company Limited (HUBC). The stock reached a peak price of approximately 170 PKR in late June 2024 but has experienced a significant decline since then, currently trading around 121.75 PKR. The recent sell-off appears strong, with a sharp drop over the past few weeks. The stock is nearing a support level around...

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This chart shows the price movement of HUB Power Company Limited (HUBC) stock on the Pakistan Stock Exchange (PSX). The stock reached a peak price of approximately 170 PKR in late June 2024 but has experienced a significant decline since then, currently trading around 121.75 PKR. The recent sell-off appears strong, with a sharp drop over the past few weeks. The...

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Market Brief: KSE-100 Index declined by 0.72% or 590 points to close at 81,658 points. Intra-day the index reached a peak of 82,906 and a low of 81,553. Volumes decreased by 2% compared to the previous trading session. The index is currently trading above the 50-day SMA level of 78,990. The main index opened with a positive gap of 504 points and declined...

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BNL - Buy Call Stock Summary : In the most recent trading session, BNL closed at PkR13.50. The stock tested an upward trend line in the previous trading session and successfully closed above it. BNL is currently trading below 200-period moving average. The volume indicator shows an increase, indicating a positive stance. Recommendation : Initiate buying...

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THCCL is currently testing its parallel channel resistance. RSI is at 81.59 which indicates over bought level and the stock is 97% over bought on daily time frame. Profit taking is recommended on higher side. On the other hand, 61.85 level acts as support.

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Stock Summary: DFML closed at 46.13 and currently holding above the 50-day SMA on the daily chart. The stock tested downward trendline two sessions back and successfully closed above it. DFML is currently trading 41.50% higher then its 200-day moving average, indicating an upward trend. Recommendation: Initiate buying positions on weakness or when it approaches...

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Market Brief: KSE-100 Index reduced 0.27% or 223.9 points to close at 81,850.5 points. Intra-day the index reached a peak of 82,463 and a low of 81,549. Volumes decreased by 33.08% compared to the previous trading session. The index is currently trading above the 50-day SMA level of 78,877. The index opened the trading session with a bullish bias, reaching a high...