The pair is under immense pressure from Bears. It is almost hitting the bottom rock in short term. The Divergence on RSI shows the Bulls are gaining some ground. If the price breaks the recent high we may initiate the long entry. The resistance lies at perfect at 1:1 risk to reward ratio. Strict money management is advised for Profitable trading.
Since the start of 2023 the script has been in consolidation after a long bearish spell. At the end of year it gathered some support to stage a break out but could not sustain the Bears consequently it went in to another strength gaining spell. From the last week of April we are witnessing gradual increase in volume which is also showing in the rise of Average...
On 30 min. time frame bulls have shown some resistance and has kept the price above a certain level. In this process a bullish divergence has been formed on the RSI which indicates the strength of bulls. Since the overall trend is bearish we shall wait for the price to cross previous LH and if the price sustains the current level it shall be a HL. Thus the bias...
Engro is in bull run. In April it posted the recent high of 388. From this point it retraced to 315. In June in formed the bottom with bullish divergence. Last two candle have indicated the balance in favor of bulls. Particularly the gap up opening and healthy volume. In this trade plan SL is 300, TP is 388 and entry price is 335 Due diligence and strict money...
The script has been in bull run. Since the start of this year the scrurity has not been able to cross over the 170. In this process the triangle has been formed which is a continuation pattern. SL in this scenario is 141 and TP is 195. Due diligence and strict money managament is solicited. Have a profitable trading.
The script has been in bull run. Since the start of this year the scrurity has not been able to cross over the 170. In this process the triangle has been formed which is a continuation pattern. SL in this scenario is 141 and TP is 195. Due diligence and strict money managament is solicited. Have a profitable trad ing.
ATRL has been in tremendous bull run which started last year. From May 2024 to onward the security was forming a triangle, which denotes the continuation of the bull trend. The triangle has successfully breached and price is coming back to test its support. bullish divergence has already been formed on RSI, thus forming the confluence in favor of bulls. SL, in...
Since August 2015, after posting the historic high, the script has been in down trend. To break this vicious circle an attempt was made in the last quarter of 2023. Since than bulls have been under pressure. In the month June the bulls have been holding the turf thus making a bullish divergence on RSI on daily time frame. Bulls have taken the price to the level of...
GATM is a prominent player in textile sector. It has been in consolidation since the start of 2024. Now it has formed a triangle. If the price close above the recent high i.e. 21.30 it is expected it shall also break above the triangle. In such scenario the TP shall be 26. SL is at 17.75. Due diligence and strict money management is solicited. Have a profitable trading.
LOADS has shown the strong signs of recovery and crossed recent high. Therefore, a long position can be initiated here. SL is at 8.80 and TP is at 14. Due deligence and strict money magament is solicited. Have a profitable trading.
GTYR is in bull run. It is forming Bullish Flag so for Aggressive Buyers the price is still around Smart Entry Zone. For those who want to play safe the entry price shall be 50. SL is at 36 and 65 shall be the TP. Due deligence and strict money magament is solicited. Have a profitable trading.
Last quarter of 2023 witnessed price rise in AGIL. Afterwards it went in to Rest & Recreation phase which seems to be ending as the price violated its upper channel. Therefore, the aggressive trader may initiate the long position at Current Market Price (CMP) whereas the cautious friends may opt the same when the price close above the price channel. For your...
GHNI is in strong bull trend. Recently it has crossed another resistance. Here it may take some rest which could be a good entry point. Buying Zone is 290 to 305. The TP shall 456 Due deligence and strict money magament is solicited. Have a profitable trading.
HINO has been sideways since November 2023. The candle formed in the last week shows the battle among the Bulls & Bears has been intensified. The odds are in favour of Bulls. The buying zone is from 292 to 320. Close above 320 shall trigger the breakout and the price may go beyound TP2. SL in this case is 260. Have a profitable trading.
GAL posted hefty gains in the first leg of its journey to north. After resting bulls have started the 2nd phase of journey. At 240 bull shall face some resistance and when its over the next target shall be 360. Pl exercise strict financial discipline, as this is the key to success. Have profitable trading.
Al-Ghazi Tractor has been resting and regaining the strength for last 6 months. Early signals of strength are appearing as the weekly and daily 200 SMA is rendering its support. To have the confluence it is suggested we may initiate the long position when the price close above 385. Stop loss and TP has been marked on the chart. Have a profitable trading.
The pair has been in a steady bull run but from last some hours the RSI has been showing the weakness. On this early sign of weakness we may initiate the short trade if the pair breaks the recent low. Thia move shall tilt the confluence in the favor of Bears and shall mark the end of bull run. Since trend is my friend so i shall join the new trend. Have a...
HCAR, an auto manufacturer listed at PSX registered some hefty gains and subsequently printed a bullish flag. It is suggested we may initiate a long position when the price close above the channel i.e. 317. As per harmonic pattern the TP shall be 417. Wishing you Profitable Trading