PSX
Power cement may double its valuePower cement may cross 20 and 25 level. Currently on 12. Note: this is not a buy sell call. Trade at your own will and use stop loss.
Flying cement is still in bullish zone Flying cement is still in bullish zone and may cross level of 29 again. This is not a buy sell call. Use stop loss too.
KSE 100 BULLISH OR BEARISH?KSE 100 is also bleeding as the global markets sell off. But the key indicator right now is to look at EMA 21 at weekly time frame on all big stocks and index. if we see a good bounce from ema 21 we might see volumes coming in big stocks. enjoy the show being played globally!
Haleon is in bullish zone Haleon is in bullish zone and may cross 820 and 850 level. This is not a buy sell trade call. Use stop loss.
Wavesapp is in bullish zoneWavesapp is now in bullish zone and may be it cross 12 and 13 level soon.
Note: This is not a buy sell call. Use stop poss whenever trade.
Risk Can be Taken at Re-test of Breakout Level.Cup & Handle Formation.
Breakout from the main Resistance level
around 25.
Possible Targets can be around 30 - 31.
Breaking 23 will bring more Selling Pressure.
Play On LevelsRetested the Breakout Level around 180 - 185 &
Closed just above a Very Important fib level around
188.
But, 188 - 195 is Very Important Resistance as of now.
If 195 is Crossed with Good Volumes, 212 - 215 can be
touched initially.
Couple of Positive Weekly Candles with comparatively good
volumes may confirm HL on Monthly basis.
On the flip side, 175 - 184 is a Support Zone & also Double
Bottom around 175 - 176, so Short Term Traders may
expect a bounce from this level.
MLCF AS PLANNEDMLCF respected all the level and did exactly as marked. I was just going through my previous analysis and just looked at this amazing chart. thought to share with you! look at the patterns and the perfect breakout retest strategy I mostly play with.
SYM Technical Analysis: Potential Bullish SetupSYM (Symmetry Group Ltd) is currently in an overall bullish trend and holding above a rising trendline. The price is currently at the Fib Golden Zone. The RSI is synced with price action, which supports the bullish outlook. In addition, there's a potential hidden divergence that could signal continued upward momentum. A possible gap fill towards 11.88 might also present a good buying opportunity.
Trading Recommendations:
Buy 1 (CMP): 15.05
Buy 2: 14
Stop-Loss: Closing below 9
Take Profit 1: 21
Take Profit 2: 26
Take Profit 3: Open
Happy trading!
Bearish Divergence has started appearing but...Bearish Divergence has started appearing
on Weekly TF but not yet on Monthly, so
a pressure might be seen around 116 - 117.
& Sustaining this level will expose 135 - 138 targets.
On the flip side, 101 - 109 may act as a Good
Support zone in case of pressure.
PAEL - THE BEST SETUPPAEL has always been my favorite stock as it plays very well on price action and technical.
Right now the trending accumulation has ended and its time for a move.
if we take the simple and basic previous demand copy. It gives the target of 60 which everyone is expecting. but there might be some trick played to take out the retails. so be careful around 55 and 59 level you might see the trend slowdown in short term due to divergence on RSI.
right now if you want to accumulate more wait for the intraday retest levels around 46 to 44.
I HAVE ALREADY ENTERED THIS SETUP AROUND 43.
THE TAKE PROFIT IS 55 AND THEN 58 TO 59 ACCORDINGLY.
Still Bullish on Bigger Time Frames.Still Bullish on Bigger Time Frames.
Hidden Bullish Divergence has appeared.
Immediate Resistance lies around 186 - 189
Crossing this Level with Good volumes may
expose 197 - 200
Fresh Entry should be Triggered if 205 is Crossed
& Sustained; only then it may resume its Uptrend.
