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Weekly Closing just at Resistance!Weekly Closing just around Resistance level (580), so a slight pressure may be seen, unless it Sustains 580. If this be the case, 545 - 565 can be witnessed. Bullish on Weekly TF & a perfect Morning Star Formation on Weekly Tf. Also, it has retested the previous breakout level around 520. Now it should Cross & Sustain 605-606 to continue its Bullish Momentum & immediate targets can be around 650 - 655. On the safe side, 596 - 621 Zone is a Resistance zone.
PSX:SYS
by House-of-Technicals
HCAR - LongThe auto sector as a whole has seen movement, but HCAR has yet to perform, primarily due to the lack of new product launches, making it less competitive against peers. However, sales for the January–March quarter have shown a significant increase , which is expected to reflect positively in profitability. From a technical perspective, the stock needs to close above 312 with a strong green candle to gain momentum. All target levels are marked on the chart. Please conduct your own research before making any investment decisions.
PSX:HCARLong
by Fahim-ahmed
MARI PROBABLY IN WAVE '' 4 '' - LONGThis is in continuation to our ongoing tracking of MARI C or 3 wave structure. If the wave count is correct then we are in the 4th wave of a bigger C or 3 wave, as wave 4 can be any corrective patterns it is hard to predict them. They can be sharp or complex and can be frustrating at times.Currently the wave structure look smooth and it doesn't seem like that it will get complex but you never know what market will do. We will buy long positions once price reach our buy zone range 624 - 610, however if the sentiments get very bullish prices might not even get to this range and start rising for the 5th red wave but we should not act greedy chasing every move. If you are an aggressive trader you can enter long positions as the over all direction is up but we will wait for the price to come into our buy zone range 624 - 610 or touch/breach the below yellow trendline. 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.
PSX:MARILong
by KayJay
1
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.
PSX:PAELLong
by abdul0705pvt