CHCC - PSX - Buy Call - Trend AnalysisAfter a sharp bull run of 7 days, as such there is no sign of reversal or retracement yet, as there is no divergence on RSI and Klinger is also showing bull run. Therefore, one may continue entering the trade.
However, for me price should come down a bit at around 236~246 level. Then after staying in that region for a week or two to define a new Higher Low, it should enter another bull run.
For that my trade would be:-
LONG Trade Values
Entry (Buy): 236 ~ 246
TP: 350
SL: 210
PKGS - PSX - Buy OpportunityPKGS has been playing range since mid-September. Currently, it is moving upwards from a key support zone. Look for buy opportunities around current price level.
GWLC - PSX - Buy OpportunityGWLC has been on an upward trend for a long time. It is going to make a deeper correction after a bearish divergence at the weekly time frame. Look for the buy opportunity at marked levels.
IBFL - PSX - Buy OpportunityIBFL has been ranged for a long time and recently broke below the range, but now it is making HHs and HLs on the 4H time frame and is also about to break the range's resistance. If the price breaks above the resistance, look for the buy entry.
IMAGE- Buy OpportunityThe current analysis of IMAGE over a 4-hour time frame shows that it is trending upward, making HHs and HLs. But recently it has been going down for a major correction. Look for buy opportunity around support if it holds above the support levels. Or look for a buy if it breaks above the previous HH.
FLYNG may Fly It would be a buying opportunity
if it comes around 18 - 18.60
Stoploss in that case should be
around 14.60
If 22.50 is Crosses & Sustained, we
may witness 26 - 27.
PSX:PSO ABCD Pattern CompleteABCD Pattern Complete
Divergence on RSI
Can retrace reached PRZ
Can retrace to 216-222 Range on Fib
PSX:Unity BreakoutPSX:UNITY daily chart
Breakout from range with high volumes
Stop loss can be set to 25
Dyno is going to fly from 182Dyno is currently at low levels of 182 and it can cross these levels soon.
Note: This is not a buy or sell call, trade at your own risk.
FLYING: Bullish ChannelBullish Channel
New Highs Formation
Divergence Appeared now Diluted
Retracement Expected
50% fib level aliigns with horizontal resistace at bottom of channel
Best Entry is 18-19 level
HTLHTL - Buy Call
Stock Summary : HTL closed at PkR34.70 and suggests a potential bullish reversal. It’s approaching the lower Bollinger Band, indicating that the downside may be limited, while the William percentage indicator suggests that the stock is 70% oversold, indicating a reversal stance.
Recommendation : Initiate buying positions on weakness or near the support zone and set stop losses below PkR33.23 to manage risk effectively. Initial target is at 35.52 and secondary target is at 36.33
BAFL Stock in Correction Phase After RallyThe monthly chart for Bank Alfalah Ltd (BAFL) on the Pakistan Stock Exchange shows a strong upward price movement followed by a corrective phase. After a significant rally, increasing by 37.17%, the price has pulled back and is currently testing support around the 61.99 PKR level. Key Fibonacci retracement levels indicate potential support at 55.50 PKR (38.2% retracement), with stronger support at 50.18 PKR and 44.85 PKR if the correction deepens. The price appears to be consolidating, and a bounce from these levels could target the previous high of 85.03 PKR. Volume trends during the rally suggest sustained interest, but the current phase reflects a cautious correction.
DFML Dragon Pattern BreakoutThis chart for Dewan Farooque Motors Ltd (DFML) displays a "Dragon Pattern," a bullish reversal signal. The pattern is characterized by two distinct lows (labeled as Foot #1 and Foot #2), followed by a breakout above the resistance line (marked as "Entry"). The head and hump within the pattern indicate consolidation before the breakout. The take profit targets are clearly outlined at 51 PKR (Take Profit 1) and 53.80 PKR (Take Profit 2), with the current price at 47.40 PKR. A stop-loss is set at 44.20 PKR, indicating a risk-reward ratio of 2. The chart suggests a favorable potential upside, supported by increased volume during the breakout.
LUCK - Bullish ReverThe price appears to have bounced from a recent low around the 830 level, forming a potential reversal pattern. The price is currently trading around PkR848.50 after a downward trend that seems to have reversed. There are marked support zones near 830-840 PKR, and the price is showing some recovery with higher highs and lows.
Entering a long position might be considered if the price sustains above the current resistance at PkR850, as this could indicate a continued upward movement. A stop-loss could be set below the previous support at around PkR815.50 to limit downside risk, while targeting a move back towards PkR900 or higher, depending on momentum. However, confirmation of bullish strength is key before fully committing to the position.
The Downtrend Is Over, 50% Potential AheadRPL looks attractive as its already on lower side from its top of 22.44, next accumulation zone lies around 16 and if it follows the same pattern of Higher Highs & Higher Lows then potential upside towards 24 gives 50% gain. This is a swing trade setup and can take time to give this much return or may be early. Use stop loss at 12 to manage risk, entry at 16 if reaches only, and set sell limit at 24. Manage your risk accordingly.
Sazew resistance 1038 is very importantSazew current financial results are good and these levels could be crossed by #Sazew, Important resistance level is 1038, and it could touch these above levels.
Note: This is not a buy or sell call, Trade at your own risk and decisions.
FFL is going to high and highCurrent financial results of FFL are good and company is now in good profit, This is monthly chart of FFL, FFL currently is undervalued stock and it was trading between 8 and 9 levels few days ago and on last trading day it crossed psychological barrier of level of 10.
These are levels could be crossed by FFL in future, Keep in mind it is starting to rise and it will rise day by day.
Note: This is an analysis on Fundamentals and Technical basis, This is not a buy or sell call. Trade with your own will and decisions.
NML PSX - Technical AnalysisNML has been in down trend for quite some time. Its price was below monthly bearish trend line.
On Daily time frame it has just crossed above the monthly bearish trend line (orange thick line). EMA 91 is just below its current price on Daily TF. RSI also going up. Only Klinger is facing downwards but it will change.
There are two scenarios:-
Scenario ONE- it will test the highlighted resistance zone and eventually go up;
Scenario TWO - it will drop back below monthly bearish trend line and will continue its bearish trend once again.
Therefore, for sure TP1 is achievable per below plan:-
NML
LONG (Buy) Trade Call
Entry (Buy): 71.50
SL (below Monthly Trend line): 69.80
TP1: 75.95
TP 2: 81.22
MEBL, Bullish Rally ExpectedStarting with Bullish channel
Rectangular consolidation
After bearish Divergence, Consolidation is almost completed
Divergence diluted and RSI Synced
Seasonals Support Bullish moment as NOV is bullish 9/12 Times
Entry on break of rectangle
Stoploss below 235
A new bullish rally is expected
