DFML MULTIPLE CONFLUENCE SHORT-SELL/EXIT CALLDFML was range-bound till April 2024 and assumed uptrend, touching a high of 55 in a short span of 6 months. It formed Toping Formation in the shape of famous Double Top - as seen on the chart. It seems to have broken down the neckline of Double Top and is now trending in a Downward Channel (Pink channel on chart). Targets have been calculated from Measured Move Projections.
🚨 TECHNICAL SHORT-SELL/EXIT CALL – DFML 🚨
🎯 SHORT-SELL/EXIT ZONE: Rs. 36.5-35.15
📈 TP1 : Rs. 27.55
📈 TP2 : Rs. 21.15
📈 TP3 : Rs. 14.6-13.33 (long-term)
🛑 STOP LOSS: BELOW Rs. 39.5 (Daily Close)
NOTE – Prices are of ready market
📊 RISK-REWARD: High Conviction | 1:5
Caution: Please enter/exit in 3 parts in given range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
IBLHL LONG TRADE (IBL HEALTHCARE LTD)IBLHL was in a Trading Range/Channel since start of 2023 – touching the channel top last Dec and entering into a pullback/corrective channel which is actually a Bull Flag. It broke out of the channel and retested it, confirming an upcoming uptrend and momentum. Now it is ready to breakout its Trading Range Channel of 2.5 years and Volume Distribution statistics confirm this possibility. It has been posting HHs and HLs – price action above EMA-20 – what a striking plausible long trade in coming days! (INSHALLAH)
🚨 TECHNICAL BUY CALL – IBLHL 🚨
🎯 BUY ZONE: Rs. 43.64-48
📈 TP1 : Rs. 53.9
📈 TP2 : Rs. 62.5
🛑 STOP LOSS: BELOW Rs. 39.5 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.78
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
RPL LONG TRADERPL was in an Upward Channel since Dec 2023, making high of 22.46. afterwards, it posted a Lower High (LH) and traded in a Downward Corrective Channel till recently – Remember, a Downward Channel is a Bull Flag! The retracement lasted till Fibb Golden Ratio and it made a beautiful SPRG reaction at its Major Support, indicating potential reversal which was confirmed by substantial Volume Gradient, ER breakout candle and Price crossing above EMA-20 on 1D TF.
🚨 TECHNICAL BUY CALL – RPL 🚨
🎯 BUY ZONE: Rs. 14.8-16.8
📈 TP1 : Rs. 18.5
📈 TP2 : Rs. 20.55
🛑 STOP LOSS: BELOW Rs. 13.85 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:6
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
SSML LONG TRADESSML broke out from its WYCKOFF Accumulation Phase with heavy volume, back to back caps and reached a high of 28. Then it started pullback in a Bearish Channel- forming a Bull Flag. Now it has retested the previous breakout level and also gave breakout from the downward channel, with supportive Volume Distribution. The price is trading above EMA-20.
🚨 TECHNICAL BUY CALL – SSML 🚨
🎯 BUY ZONE: Rs. 15.3-18
📈 TP1 : Rs. 19.9
📈 TP2 : Rs. 22.7
📈 TP3 : Rs. 26
🛑 STOP LOSS: BELOW Rs. 11.5 (Daily Close)
📊 RISK-REWARD: Medium Conviction | 1:2.81
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
SNBL LONG TRADESNBL gave breakout from extended WYCKOFF Accumulation Phase in July 2024 and went into uptrend, plotting a high of 20.99. Currently, it is in a Corrective Downward Channel, which is a swing pullback reaching the Fibonacci Golden Ratio of 0.618. This level is also the re-test of previous breakout for uptrend and Volume Gradient and crossing of price over 20 EMA on 1D TF confirm this scenario.
🚨 TECHNICAL BUY CALL – SNBL 🚨
🎯 BUY ZONE: Rs. 15-16.5
📈 TP1 : Rs. 17
📈 TP2 : Rs. 18
🛑 STOP LOSS: BELOW Rs. 13.5 (Daily Close)
📊 RISK-REWARD: Medium Conviction | 1:2.25
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Though Bullish on Monthly tf, butGLAXO Closed at 390.42 (23-05-2025)
Though Bullish on Monthly tf, but weekly bearish
divergence has started appearing.
Important Support level is around 367 - 372; but
important to Sustain 388 - 390 atleast for further upside.
Immediate Resistance is around 410 - 420
Breaking 300 will bring more selling pressure.
BBFL LONG/INVESTMENT TRADEUpon its inception in PSX, BBFL rallied upwards to 88. Then it assumed a downward corrective channel. Presently it is in WYCKOFF Accumulation Phase since Feb 2025. The dotted trend line shows series of HLs, which is also supported by corresponding Volume Distribution. Both aspects indicate towards Institutional Interest, resulting in uptrend in coming days and weeks.
🚨 TECHNICAL BUY CALL – BBFL 🚨
🎯 BUY ZONE: Rs. 50.6-53.8
📈 TP1 : Rs. 57.8
📈 TP2 : Rs. 65.9
📈 TP3 : Rs. 78.6 (Longterm)
🛑 STOP LOSS: BELOW Rs. 45 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:5.14
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE SHARE & BOOST THE IDEA IF YOU FIND IT HELPFUL.
JSCL LONG TRADEJSCL is in green uptrend channel on Higher TF, since April 2015 on HTF (1W). Presently it is in up-leg of this uptrend channel. This upleg has formed a megaphone formation, the price has rebound from the bottom of the megaphone and has also created a SPRG at previous support level. The T2 has been calculated from top to point of confluences of two trend lines at the top of megaphones.
🚨 TECHNICAL BUY CALL – JSCL 🚨
🎯 BUY ZONE: Rs. 16-18
📈 TP1 : Rs. 19.5
📈 TP2 : Rs. 25.5
🛑 STOP LOSS: BELOW Rs. 13.9 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:4.1
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
HASCOL LONG TRADE (BUY BEFORE EVEYONE ELSE)HASCOL is trading in an uptrend green channel on HTF. It remained in WYCKOFF accumulation phase (Dec 2023-Nov 2024), followed by breakout and touched a high of 15.4 – It went through distribution phase and corrective downward channel which ended in a selling climax. Recently it has retested the previous breakout level, performed a liquidity sweep and broken out of the downward corrective channel, posting a higher low.
🚨 TECHNICAL BUY CALL – HASCOL 🚨
🎯 BUY ZONE: Rs. 9.6-10.1
📈 TP1 : Rs. 11.2
📈 TP2 : Rs. 12.8
🛑 STOP LOSS: BELOW Rs.8.7 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.5
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
NRL Share Buying Strategy"NRL Buying Strategy:
- Current Trend: NRL has performed well over the last two weeks.
- Buying Plan: We're waiting for the price to pull back to the optimal buying zone of Rs. 226-213.
- Buying Signal: We'll look for a buying signal within this zone before entering the trade.
- Trade Details:
- Buying Range: Rs. 226-213
- Stop Loss: Rs. 220
- Target: Rs. 290
This strategy is based on technical analysis, and we'll execute the trade when the conditions are met."
GGL RE-BUY LONG TRADEGGL was in WYCKOFF accumulation phase (Jan 2024-Nov 2024), followed by breakout and retesting at inducement level. It was in downward corrective channel for last 5 months and recently showed reversal and breakout, and in this process it has created two breaker blocks.
🚨 TECHNICAL BUY CALL – GGL 🚨
🎯 BUY ZONE: Rs. @15.5 (50% position) and buy @14 (50%)
📈 TP1 : Rs. 17.2
📈 TP2 : Rs. 18.2
📈 TP3 : Rs. 19.4
🛑 STOP LOSS: BELOW Rs.13.1 (Daily Close)
📊 RISK-REWARD: Medium Conviction | 1:2.5
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
Though still in Uptrend, but BNL Closed at 37.39 (25-03-2025)
Though still in Uptrend, but
as mentioned earlier, bearish divergence
has started appearing on bigger tf, so
cautious approach should be taken.
It may re-test 35.20 - 36.20 & bounce as this
is an important Support level.
Otherwise next Support seems to be around
32.30 - 32.50
BFBIO Share Buying opportunity "BFBIO Share Buying Strategy:
- Current Price: Rs. 183
- Trend Line Breakout: Post-breakout, we expect a pullback to Rs. 166-160, which presents a buying opportunity.
- Buying Zone: Rs. 166-160
- Stop Loss: Rs. 150
- Targets:
- 1st Target: Rs. 192
- 2nd Target: Rs. 204
- Hold Target: Rs. 224
This strategy is based on technical analysis, and it's essential to monitor the stock's performance and adjust the strategy accordingly."
BFBIO LONG TRADEBFBIO has been in uptrend since its induction in PSX in Oct 2024.
It completed spike phase of its Uptrend in First week of Dec, then it started its Pullback in Bearish Channel (Remember Bear Channel is in fact a Bull Flag).
I gave Breakout from this Bull Flag with heavy volumes as shown by Weis Wave Volumes
Usually measured move out of channel correction goes to the start of the channel which is around 240
To have a better Risk to Reward Ratio buying is recommended in 3 parts
Trailing of SL after TP1 is also suggested
BUY1 170
BUY2 164
BUY3 158
TP1 190
TP2 240
SL BELOW 150
SLGL LONG TRADEUpon its inception in PSX, SLGL gave an astounding rally from Rs 8.0 to Rs 20.0 in just one month (Aug to Sep 2024).
Since then its has been correcting in a down sloping channel
It has recently Broken out of the Channel with Big Vol.
It has also given a Pullback on low volume.
All phases/events as per Wyckoff Methodology have been marked on the chart for easy comprehension.
CAUTION: Though measured move targets are big, readers are recommended to tighten the stop loss when the price crosses TP1 -18, because there is major Supply Zone right above this level
BUY SLGL 15-16
TP1 18
TP2 20.6
TP3 23.2
SL BELOW 14.2
GGL LONG TRADEGGL completed Wyckoff Accumulation Phase from Jan-Nov 2024 and gave a blasting breakout, followed by a complex correction afterwards. Currently, it has made a SPRING by sweeping liquidity below Inducement Level and published a HL on 1H.
🚨 TECHNICAL BUY CALL –GGL🚨
🎯 BUY ZONE: 13.7-12.9
📈 TP : Rs. 15.8
📈 TP : Rs. 16.9
🛑 STOP LOSS: Rs. 11.6 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3
DOL LONG TRADEDOL has been in Uptrend since Jul 2022, it spent around two years in Re-Accumulation phase.
It broke out of this Re-Accumulation Zone in Dec 2024.
It re-tested this Breakout in Multiple Bottom Pattern since then.
It has now broke out of this Re-Test Zone yesterday and pulled back today.
It's at ideal levels to buy for next leg of uptrend.
🚨 TECHNICAL BUY CALL – DOL 🚨
🎯 BUY ZONE: Rs. 28-30
📈 TP 1: Rs. 33.80
📈 TP 2: Rs. 35.10
🛑 STOP LOSS: BELOW Rs 27 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.1
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
ATBA LongATBA is making inverse head and shoulders pattern.
After the war fiasco, it broke the orange trendline and is currently struggling to close above it on monthly chart. A monthly closing above 270 would be a very good sign.
Once it closes above it, next resistances will be 283, 333 and 383 before eventually moving towards its all time high (500-530)