Beautifully making HH HL.Beautifully making HH HL.
Immediate Support is around 29 - 29.30
Monthly Closing above 29.13 would be a
healthy sign.
If 29 is Not Sustained, Next Support would be
around 24.30 - 26.30
& if 29 is Sustained,34 - 35 can be witnessed.
Immediate small Resistance is around 31.55
Should Not Break 24 even in Worst Case.
Kse100
23 FEB 2025, KSE - 100 A simple yet clear viewThe volumes are low as compared to last year. As the big money stopped flowing into stocks for a moment the retail traders and the aggressive players are also waiting for a clear signal in the market.
The KSE 100 is very confusing right now. The simplest and most clear view is that the market is sideways and consolidating as we saw last year in these months.
Whoever is trying to analyze the KSE 100 and thinking that he can figure it out or all the youtubers, they don't know anything about technical.
Right now none can predict anything on the index.
The best thing is to stop watching the index until it closes above mentioned levels and focus on stocks only right now.
MLCF WEEKLY TIME FRAME AND TRADE IDEAMLCF GAVE A BREAKOUT AT THE ACCUMULATION BOX. THE STOCK IS HEADING TO WEEKLY STRONG RESISTANCE AT 50.92
BUT EXPECTED TO BREAKOUT DUE TO THE SENTIMENT AND THE DESECENDING ACCUMULATION JUST BEFORE THE WEEKLY BREAKOUT LOOKS LIKE A CONFIRMATION. LOOKS LIKE THAT
THE BIG PLAYERS HAVE FILLED UP THIER BAGS AND READY FOR THE BREAKOUT
HOWEVER THIS MIGHT BE PLAYED NEXT WEEK OR IN THESE NEXT FEW DAYS
WATCH FOR PRICE ACTION ON H2 AND H4
BREAKOUT AT 50.92 will start a new quick rally however a retest might be possible at the breakout level at 50.92 to 5. The next target will be 58 to 59.
watch for order flows in orderbook. and look for the 5m timeframe above vwap session near breakout
PSX FFL TRADE IDEA LOOKING STRONG ON H2 AND H4FFL IS LOOKING STRONGON H2 AND H4. The stock retest its equal low where all of the big liquidity was resting at 14.50 Now the stock is heading to the next h2 resistance the breakout at H2 resistance with good volume will start a quick uptrend. Watch for volumes and orderbook.
The next target will be the previous lower low around 16.
Trading above EMA 21 at H2 AND H4.
VOLUME GAINER.
Buy before breakout if the volumes are rising watch on shorter time frame and see how the price reacts near the resistance. WATCH THE ORDERBOOK MUST and see what is being played there.
DGKC ACCUMULATION BOX TRADE IDEADGKC IS TRADING IN A ACCUMULATION BOX. HALF YR RESULT WILL BE ANNOUNCED TODAY. EXPECTING GOOD RESULTS WHICH WILL BREAK THE ACCUMULATION BOX.
THE REAL REISTANCE IS AT 108.20 WHICH IS THE WEEKLY PREVIOUS HIGHER LOW AFTER WHICH THE STOCK WENT DOWN to all time low.
HOWEVER THERE IS A DEVIATION FROM 109 TO 112.
AT THE BREAKOUT AT 112 WITH LARGE VOLUMES will start the uptrend
A retest might be possible at the top of accumualation box at 112. Watch on 5m and 15m The EMA 21 is currently acting as a support.
the next quick target will be 116 . If the stock gives a strong breakout above 116 then 122 looks like the next target.
SSGC TRADE IDEA. RETEST + FVGSSGC is currently on a loosing streak after rallying up almost 80 percent after the breakout on daily chart at 28.75 The stock is now again coming back to retest the previous high at 28.75
There is a fair value gap also around 28.75. A large amount of liquidity is resting at 28.75 to 29.00. The stock will show a quick bounce from these levels.
But the stock will be very volatile near these level as mentioned above.
put limit orders also watch closely near 28.75 to 29.00
As the big players also might hunt for stop losses just below these levels so be careful and watch carefully but this is a big chance to buy as the stock will rally quickly around 10 to 15 percent after absorbing liquidity at these levels!
LETS SEE WHAT HAPPENS.
Could Hascol cross level of 10 again?Current results of Hascol are little improved since last results, Company is decreasng its loss slowly and gradually, It is a positive sign for increase of share prices. In this chart you can see the trend and it is near its support and as its improves financial results it can rise to these blue arrows levels.
Note: This is not a buy/sell call. Trade with your own decisions.
Slight Correction Needed?Alhamdulillah, as mentioned on 27-09-2024 that
index may touch 87000 with slight corrections, it
touched the mentioned level.
Index is Still Bullish.
It has the potential to touch 100,000 - 100,350
It may take some correction of 2000 - 3000 points.
S1 is around 88500 - 88700
S2 is around 87000 - 87200
There is no harm in the Bullish Momentum as
long as it stays above 84500.
In worst case scenario, it may touch 82000 which
seems unlikely so far.
AVN, Bullish Channel with Flag Breakout- Weekly Bullish Flag
- Breakout of flag
- Now trading in Bullish Channel
- Time cycle indicated
- A complete cycle takes around 220 days
- This cycle completed around 200 days
- New cycle and bullish moment is expected in next 20-30 days
- upcoming board meeting may trigger this cycle
- Buy suggested with SL of closing below 48
- Take profit on top of channel
- Ultimate target is 140
TPLP_KSE100_#TPLP__#Trading_#daily_#call_#IdeaThe daily chart shows a strong bullish divergence, However the price making consecutive lower lows and lower closes, with this bullish divergence we are expecting the trend might reverse and Bulls may again step in and shows dominance.
The recent price action has formed a complex pullback, and now the price is testing the strong resistance zone 8.89, which is a psychological level. If the price maintain this level, I expect it the script will bounce back from this level and shows some upwards momentum. Potential levels identified on the charts as well.
# DYOR (Do your own research as well)
Traders, if you liked this idea write in the comments and give your feedback as well thanks
DCL - CUP FORMATION TG : 10.00 - 11.40
DCL is currently trading in a cup pattern, with a post-breakout retest of the neckline at the 8.38 level, following a 36.00% rally from a low of 8.00. DCL now shows a homing pigeon bullish reversal formation with medium reliability. It is likely to continue its momentum toward the previous high of May 2024 at 11.40, followed by 12.80. The momentum indicators are in oversold territory. Accumulate with a defined risk below the 8.00 level.
Targets: 10.00 - 11.40 - 12.80
CPHL - BULL FLAG, TARGET: 35.20CPHL surpassed the 50% target at the 30.90 level and hit the upper cap at 31.59. The current momentum shows strong bullish behavior in the North, indicating that the target of 35.20 might be achieved in the next few sessions. It is suggested to stay long!
TARGET: 35.20
CRTM - GOLDEN CROSS, TARGET 22/- & 34/-CRTM - ICHIMOKU CLOUD BREAKOUT + GOLDEN CROSS + BULLISH CROSS, TARGET: 21.50 - 22.50 - 26.00 - 34.00 LEVELS, SL: 13.00
CRTM is showing multiple bullish signals including a Golden Cross, Bullish Cross, and breaking out of the ICHIMOKU Cloud. The targets are set at 21.50, 22.50, 26.00, and 34.00 levels with a stop loss at 13.00.
The breakout from a 4-month descending channel coupled with breaching the Ichimoku Cloud above 14.44 signifies a strong and potential rally, projecting an upside of 30% to 51.00%. The forecasted targets are 21.50, 26.00, and 34.00 levels. Indicators such as MACD, RSI, and oscillators are all signaling bullish momentum. Nonetheless, immediate support is observed at the 13.00 level; any breach below will invalidate this bullish bias.