NRL potential Buy setupReasons for bullish bias:
- Price gave trendline breakout
- Harmonic XABCD pattern formation
- Price gave LH breakout
- Price bounced from a strong support zone
- Bullish divergence
- SFEL trade call recommendation
Here are the recommended trading levels:
Buy 1(CMP): 239
Buy 2: 215
Stop Loss Level: Closing below 199
Take Profit Level 1: 279
Take Profit Level 2: 320
Take Profit Level 3: 380
PSX
KOHC potential Buy setupHere are the recommended trading levels:
Buy 1(CMP): 366.9
Buy 2: 334
Stop Loss Level: Closing below 277
Take Profit Level 1: 423.63
Take Profit Level 2: Open
Reasons for bullish bias:
- Fundamentally a very strong company
- Price is at a good fib zone
- Overall a bullish trend
- Price synched with RSI
MARI potential Buy setupReasons for bullish bias:
- Fundamentally a very strong company
- Price respecting upward trendline and is at 0.382 Fib level
- Overall a bullish trend
- Divergence also getting synched
Here are the recommended trading levels:
Buy 1: 402 (CMP is also good)
Buy 2: 384.19
Stop Loss Level: Closing below 355.8
Take Profit Level 1: 482.91
Take Profit Level 2: Open
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.
FFBL can cross 100 mark levelFFBL is in bullish trend since a long time and it is consistently growing and touhing high to high levels. These are key level to reach FFBL to 100 mark.
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.
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.