AB=CD Pattern in MEBL IN 4 Hourly Timeframe MEBL showing AB=CD Pattern in 4 hourly timeframe
instant Buy ,stop loss defined with TP1 , TP2
LUCK CEMENT || BUY LUCK made high of 1229 and dropped to 1057 and then it is bounced from Fibonacci Golden Zone, Weekly Trend Line and from 50 EMA line
and expected to go up with first Target ๐ฏPrice could be 1229
Stopp Loss would be: 1045.
OGDC is SUPER BULLISH long term.OGDC is SUPER BULLISH long term.
OGDC is bullish on long term investment and can be multiple X value from current price.
However, price never move in a straight line, therefore currently we will focus on nearest mid term (3-5 years) targets, after which OGDC shall strongly consolidate.
At present the midterm target lies between 550-700, that can be achieved by two possible pathways as indicated on chart.
Currently the accumulation zone lies roughly between 100-200 and can be considered as last opportunity to buy in this zone for mid-term and long-term investments.
GOOD LUCK
DISCLAIMER:
The information provided doesn't guarantee results. ๐๐ง๐๐๐๐ฃ๐ ๐๐ฃ ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ข๐๐ง๐ ๐๐ฉ๐จ ๐๐๐ง๐ง๐๐๐จ ๐ง๐๐จ๐ ๐จ. Individuals should perform a thorough analysis and consider their risk tolerance before making investment decisions. ๐ ๐๐ข ๐ฃ๐ค๐ฉ ๐ง๐๐จ๐ฅ๐ค๐ฃ๐จ๐๐๐ก๐ ๐๐ค๐ง ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ก๐ค๐จ๐จ๐๐จ ๐ง๐๐จ๐ช๐ก๐ฉ๐๐ฃ๐ ๐๐ง๐ค๐ข ๐๐๐ฉ๐๐ค๐ฃ๐จ ๐๐๐จ๐๐ ๐ค๐ฃ ๐ฉ๐๐๐จ ๐ฅ๐ค๐จ๐ฉ. Consult with a qualified financial advisor before entering to trade in stocks
Inverse Cup & Handle..If 34 - 35 is not sustained, we may see
Selling Pressure & ultimate target can be
around 30 - 31 as Inverse Cup & Handle has appeared.
It may test 350 - 355 on Weekly basis;It may test 350 - 355 on Weekly basis;
However, Monthly Closing above 354 would be
a positive sign.
Crossing 407 may give a further spike towards
390 & then may be around 400 - 430 +
Once 445 - 446 is Sustained, we may see a Huge
Rally towards New Highs (probably around 600+)
Breaking 350 would bring more Selling pressure.
SEARL LOOKS BEARISH LONGTERMSEARL LOOKS BEARISH LONGTERM (5-10 years from now)
SEARL has a very long leg from start to the top of 300 value. This long leg makes it vulnerable in current scenario for long term upward progress. After top it has been on decline reaching to ~35.
However the bounce back does not look impulsive instead it has corrective nature.
In my analytical view I can not rule out a impulsive downward movement until and unless crosses above 750.
Currently, it must cross and sustain above 180 to show some indication of long-term upward progress.
Nearest levels of upward rejection can occur at 100 (did not happen), 130 (happened) and lastly 180.
130 rejection can be considered as upward rejection if it moves down below 75. Otherwise it can test 180 value.
If it sustains above 180 then the rejection values are 300, 550 and 740.
Any sustained upward move above 750 will confirm the long-term targets of 1900, 6000, 11000 and 22650.
The impact of rejection from upside is displayed by arrows showing two scenarios of rejection to downside and their possible targets.
GOOD LUCK
DISCLAIMER:
The information provided doesn't guarantee results. ๐๐ง๐๐๐๐ฃ๐ ๐๐ฃ ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ข๐๐ง๐ ๐๐ฉ๐จ ๐๐๐ง๐ง๐๐๐จ ๐ง๐๐จ๐ ๐จ. Individuals should perform a thorough analysis and consider their risk tolerance before making investment decisions. ๐ ๐๐ข ๐ฃ๐ค๐ฉ ๐ง๐๐จ๐ฅ๐ค๐ฃ๐จ๐๐๐ก๐ ๐๐ค๐ง ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ก๐ค๐จ๐จ๐๐จ ๐ง๐๐จ๐ช๐ก๐ฉ๐๐ฃ๐ ๐๐ง๐ค๐ข ๐๐๐ฉ๐๐ค๐ฃ๐จ ๐๐๐จ๐๐ ๐ค๐ฃ ๐ฉ๐๐๐จ ๐ฅ๐ค๐จ๐ฉ. Consult with a qualified financial advisor before entering to trade in stocks.
DGKC a potential trade with 10% profitDGKC in PSX in hourly time frame has closed above EMA50 on Friday with current price of 99.75. If viewed closely, the channel formed from 20th December bottom is intact. previous high price is around 110.
In Monday's session, it is expected to stay above EMA50 which is 100 now, buying here with a target of 110 or channel top is around 113 can give 10% plus profit in a shorter period.
MACD, RSI and my own combined indicators are adding support to this view.
Fundamentally very strong. While technicals to confirm positionThe support zone had been drawn on Daily FM.
It was in the channel for as long as 180 days.
The channel was broken in October 28 providing with the 52% return.
The weekly support at 79 is already confirmed by 61% Fibbonacci from its current uptrend.
A close and candle pattern above this level will boost the price further to 136.
Traders Please avoid the above. As these analysis for one year.
Analysis of NRL Stock: Current Bearish Trend and Future OutlookOur examination of NRL stock in the Pakistan market reveals a pronounced bearish trend that has significantly impacted its performance. With the stock currently trading at over 50% below its peak, we are taking a cautious stance on any analytical approach until we observe clear signs of recovery.
The ongoing downtrend indicates that market sentiment remains overwhelmingly negative, and as such, further analysis or trading strategies would be unproductive at this time. The absence of bullish signals means that potential investors should refrain from entering positions until there is a noticeable shift in the stock's trajectory.
We recommend closely monitoring key indicators and market news surrounding NRL for any early signs of reversal. Until then, maintaining a wait-and-see approach is prudent for those looking to engage with this stock. Our focus will remain on identifying points of strength or recovery that could signal an opportunity to reassess the situation once the bearish trend begins to show signs of abating.
CLOV - PSX - Buy IdeaCLOV is trending upward after breaking a long accumulation box and currently, it is at a support level. Look for a buying opportunity and place SL below the previous HL.
CNERGY - PSX- Buy OpportunityCNERGY is making HHs and HLs after breaking a long accumulation; right now, it is at a strong support level. Look to buy at the current level and place stop loss below the previous HL.
a Very Important Level to Sustain.a Very Important Level
to Sustain.
Inverse H & S on 15mins TF.
Immediate Resistance around
103.50 - 105.20; Crossing & Sustaining
it will lead the price towards 115 - 116.
Long engroPrice on a weekly chart is an bull tight channel price on a daily chart is also in a very by the close type of bol channel price on 4 hour chart is abul channel it's tight and no fullbacks for the last one two three four candles right now the price on 4 hour chart is almost like a range its farming inside bar and also a triangle and price on the one hour chart is in a tight trading range so we are setting up by or I don't see any indications for the price to move down since we are trading ranges so we will first we will try to buy at the bottom of the range set a stop loss at my down from the range and target as one to
Analysis of AVN Stock: Bearish Trend and Short SellingIn our recent analysis of AVN stock, we have identified a prevailing bearish trend that suggests a strategic pivot towards short selling. The current market conditions indicate that the stock is poised for further declines, making it an opportune moment for traders to consider short positions.
Key indicators suggest that AVN's price may continue to drift lower, reinforcing the idea of a potential downtrend. Our analysis has determined a target price level where we believe the stock could reach its lowest point in this cycle. This provides a clear framework for risk management and profit-taking for those engaging in short buying.
Given the negative sentiment surrounding AVN and external factors impacting its performance, we recommend closely monitoring market developments while positioning oneself to capitalize on anticipated price movements. As always, prudent risk management strategies should be employed when trading in bearish conditions.
Overall, with careful consideration and strategic execution, there are promising opportunities within the current landscape of AVN stock for savvy investors looking to navigate this bearish phase effectively.
FABL | Growth Potential AheadAccording to its price action, FABL is currently trading within a corrective structure, with a strong support zone identified at 45, offering a strategic entry opportunity for long positions. The price is moving within a downward-sloping channel, indicating a consolidation phase, with a potential breakout towards higher levels.
Entry Zone: Around 45
Stop Loss: Below 43
TP1: 51
TP2: 54
Risk To Reward Ration = 1 : 4.50
BWCL is BULLISH for long term investors.BWCL is BULLISH for long term investors.
BWCL has a target to hit 2000 in the long run. However, the way to the peak is quite BUMPY route.
Target for 2025 should be accumulation and may reach to hit 500.
To be cautious one scenario seems to be BEARISH for midterm, and from 500 it can breakdown towards price of 100. After that it shall start a very strong rally towards 2000.
GOOD LUCK
DISCLAIMER:
The information provided doesn't guarantee results. ๐๐ง๐๐๐๐ฃ๐ ๐๐ฃ ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ข๐๐ง๐ ๐๐ฉ๐จ ๐๐๐ง๐ง๐๐๐จ ๐ง๐๐จ๐ ๐จ. Individuals should perform a thorough analysis and consider their risk tolerance before making investment decisions. ๐ ๐๐ข ๐ฃ๐ค๐ฉ ๐ง๐๐จ๐ฅ๐ค๐ฃ๐จ๐๐๐ก๐ ๐๐ค๐ง ๐๐๐ฃ๐๐ฃ๐๐๐๐ก ๐ก๐ค๐จ๐จ๐๐จ ๐ง๐๐จ๐ช๐ก๐ฉ๐๐ฃ๐ ๐๐ง๐ค๐ข ๐๐๐ฉ๐๐ค๐ฃ๐จ ๐๐๐จ๐๐ ๐ค๐ฃ ๐ฉ๐๐๐จ ๐ฅ๐ค๐จ๐ฉ. Consult with a qualified financial advisor before entering to trade in stocks.
AICL | Flag Pattern FormationAICL forming flag pattern which need to break for the projection towards 70.
CSAP LONG OPPERTUNITYCrescent Steel and Allied Products Ltd. (CSAP) on the Pakistan Stock Exchange (PSX). Below is an analysis based on visible indicators:
Observations:
1. Price Levels:
Current price: The chart indicates the stock is trading near PKR 108.80.
Support level: Around PKR 102.25.
Resistance level: Visible near PKR 124.51.
IMLIML is in uptrend, break out is required for reaching its all time high level, current price is around 20 and have potential to reach ATH level around 45 in upcoming weeks.
Re-testing of Cup & Handle breakout???HL still intact; seems like Re-testing of
Cup & Handle breakout.
In the worst cases, if it breaks 48, it may
touch 45 - 46.
However, if 48 is Sustained on Weekly basis,
we may witness Upside around 55 - 56 initially
& then Crossing & Sustaining 57, will lead it
towards 70+
SSGC showing bullishnessSSGC has taken a due correction and know showing bullish signs, current level is good for buying
