Bullish on All Time Frames; butBullish on All Time Frames; but
Strong Resistance lies around 12 - 12.20
Those who are Holding, Must Trail their
Stoploss to 10.30 (at least)
Though there is Hidden Bullish Divergence, but
Strong Resistance is lying ahead.
Those who want to Take Fresh Entry, should
wait for 12.20 to Sustain.
One thing to note is a Bearish Divergence on
Daily TF. But since this is on Daily TF, so slight
Pressure may bring buying Opportunity (as long as
it stays above 8.)
BNL - MULTIBAGGER ??
Current Price: 22.24
Chart Setup: Bullish Pennant and Breakout Pattern
BNL (Bunny's Ltd.) is currently showing a bullish pennant pattern, which is a continuation chart pattern that suggests a potential breakout to the upside. The price has been consolidating after a strong rally, forming a symmetrical triangle or pennant shape, with the upper boundary acting as resistance and the lower boundary as support. The breakout from this pattern is typically a sign of further upward momentum.
First Target (50% Extension): Once the breakout happens, the first target range for BNL could be around 25.48, followed by a potential move toward 28.50 in the medium term.
Extended Target: If the breakout holds and the bullish momentum continues, BNL could test higher resistance zones around 30.00–32.00 in the long term.
BNL OUR FIRST CALL INITIATED @ 14 LEVELS IN MARCH
GHNI - CONTINUES TO B UPWARD, IS IT HEADING FOR 1000+ ???
Current Price: 764.04
Chart Setup: Uptrend within an Ascending Channel
Ghandhara Industries Ltd. (GHNI) has been experiencing a strong bullish trend, moving within an ascending channel over the past year. The stock has shown significant upward momentum, consistently bouncing between the support and resistance levels of the channel. Currently, it is nearing the upper resistance line, suggesting that further upside could be expected if the trend continues.
IBLHL (MONTHLY) - THREE INSIDE UP IBL Healthcare Ltd. (IBLHL) is showing significant bullish potential after a long downtrend, with a "Three Inside Up" candlestick pattern forming at the bottom of the trend. This pattern suggests a potential reversal to the upside after a prolonged period of decline, and it signals strength as the buyers are beginning to take control.
LOADS--- a Short Term Yet Powerful Trade Loads is offering a powerful Buy Set-up with following confluences:
1. Pirce has broken out range and re-tested it.
2. Re-test of Breakout range with healthy price action (Pin-Bar)
3. Surge in Volume after a bounce-off price from breakout zone.
4. MACD & RSI have generated a Buy Signal.
5. Rejection of Price at lower boundary of BB.
Target Prices are 19, 21 & 25.
Bearish Divergence has started appearing
Bearish Divergence has started appearing
on Bigger Tf.
Channel Top is also there.
Stay Cautious.
Sudden Spike can be witnessed till 1450 - 1500
but that would be a Risky Trade to take.
So Better to wait till the Bearish Divergence
plays & bring the price down & settle (may be)
around 1000 - 1050
TRG LONGTERM ANALYSIS AND NEW ALL TIME HIGH COMINGTRG has been in Pullback since May 2021 when it posted its ATH of Rs 186.
It has reached 78% level of retracement and is rebounding from !M FVG(Fair Value Gap).
It is very much likely to start a long term bullish move after it crosses Rs74 level to make new high of Rs 230 In Sha Allah
HASCOL LONG TRADEHASCOL has given breakout of previous channel ( blue ) and has now switched to new channel (yellow). It has completed 50% retracement of the breakout. I t is expected to rebound from current level or nearby FVG (Fair Value Gap) after going through spring/bear trap. It'll be a good buy only after some bullish confirmation. For now it is wait and watch strategy
HINO--- A High Probability BUY SwingTradePrice is currently at a High Probability Buy Zone with Target at 544 & 600. Confluences include:
1. BB-50 (Base line Retest and Rejection) on weekly TF.
2. RBS Zone overlapping with 61.80% to 78.6% Fib. zone.
3.Strong MACD Signal.
4. Surge in Volume on Daily TF at a key support area.
5. SL below 322
FFC- Deeper Retracement is Expected !Reasons for Deeper Retracements are :
1. 20, 50 & 200 SMAs are converging.
2. RSI on daily TF is below 30 which signifies Bearish Trend
3. Weaker Price Action at Recent Swing High is signalling Profit Taking activity is taking place.
Way Forward:
1. Observe Price Action once price tests 200 SMA and 78.6%% Fib. Level.
2.If a Bullish signal (Engulfing, Pin-Bar with surge in Volume) is observed, a good probability trade is on the cards.