POL PROBABLY IN WAVE 'C' OR 'A' This is an update on our POL wave count shared earlier, we have modified the wave count looking at the formations.
If the wave count is correct then we are in an ending diagonal which is either complete or in the last leg of completion, we will buy once price breaks above 575.
Alternate count is that of 5th wave will get extended downwards, however that probability is low that is why we have removed our short sell trading setup.
Although possibility of the downside is still there, the formation of double top chart pattern and our weekly crude oil wave count does support downside long term.
There's a correlation between international crude oil prices and Oil & Gas exploration sectors, however currently the markets have not been correlating much but on the long run prices will tend to correlate.
Let see how this plays, Good Luck !
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Bearish Divergence on Weekly TF but..Bearish Divergence on Weekly TF.
However, Breakout on Daily TF from 452 - 453.
Weekly Closing above this level would
be a positive sign.
Upside Targets can be around 495 - 500
& if this level is Sustained, with Good
Volumes , we may witness 540 - 550.
Should not break 400, otherwise, we may see
heavy Selling pressure.
Buy Idea: Habib Bank Limited (HBL)📘 Buy Idea: Habib Bank Limited (HBL)
🔹 Timeframe: Monthly | Strategy: Structure + Type 1.4 + Context Targets
✅ Entry Zone:
Buy between 145 – 155 PKR (near the marked "M Type 1.4" level).
📉 Stop Loss (SL):
Below 92 PKR
("This low to be held as protected low" – the ITL zone).
🎯 Take-Profit Targets (TP):
Target Price (PKR) Gain % Description
TP1 240 ~60% First context target
TP2 314 ~120% Previous major high
TP3 411 ~165% Final potential rocket move 🚀
📌 Context & Narrative:
Price broke key structure levels and is forming a bullish base.
Multiple STL levels swept – shows smart money accumulation.
"M Type 1.4" indicates institutional interest.
Targets are based on historical price action and FVG-based projection.
💡 Position Strategy:
Buy 50% at current price (150–155)
Add 25% on a pullback to 140
Add 25% if price dips toward 130
Bullish on All Time Frames.Bullish on All Time Frames.
Monthly Closing above 211 - 212 would
be very positive for OGDC.
Retested the Previous Breakout Level
around 194 - 195.
Hidden Bullish Divergence on Daily Tf.
227 - 228 is the Weekly Resistance that
seems to break this time.
If this level is Sustained, we may witness
250+ initially.
FCEPL*The price action is forming an ascending triangle, which is generally a bullish continuation pattern.
*The RSI at the bottom shows market momentum and potential overbought/oversold conditions.
*Bullish Strategy: Buy after a breakout above 93 , with targets at 111 and 117.
*Bearish Scenario: If the price fails to break out and falls below 75
it could invalidate the bullish pattern, leading to further downside.
MTL*Head & Shoulders Pattern: A potential head and shoulders pattern is visible, which is a bearish reversal structure
but still no any negative sign RSI moving in range between 30-70
*Safe Buying Zone: Marked around 615-620 , indicating a breakout level where price stability could confirm an upward move.
*Bullish Approach: Buy if price sustains above 615-620 with targets toward 640 and 680
*Bearish Approach: If the price breaks below 474.73 , it could confirm the head and shoulders breakdown, leading to a further drop.