CUP & HANDLECup & Handle formation is there with
intial resistance around 43.50
Crossing & Sustaining 43.50 may
lead it towards 50 - 51 and then 60+
STILL BULLISH ON LONGER TFSeem to have a potential to touch 230-240 once.
dips can be considered as a buying opportunity.
however, should not break 158 - 159.
PRL could drop to 24 and 22 levelsChinese investment news was fake and today's results are negative. These both things hit it hardly, May be it drop to these support levels.
NRL could drop below 200 and 180 levelsTodays financial results of NRL shows Rs. 90 loss per share this is huge loss. It could be a bearish trend and NRL can hit these below levels.
DGKC can cross 80 and above levelsYesterdays results and move from 73 to 80 yesterday and today maintaining support in 78 and 79 levels. It could cross these defined levels in few days.
NRL could drop to below 200 levels.Todays financial results shows LPS Rs. 90. it is huge loss per share. May be NRL drops to these blue lines support levels.
EPCL is BullishPrice was in a strong downtrend, however a bullish divergence led to the break of previous lower high indicating the control of bulls, if the pressure sustains then we can expect a bullish reversal. However, caution must be practiced as it is a risky setup. There is a high probability that the asset would go into an accumulation phase before a bullish rally. Targets are mentioned on the chart.
SNGP BREAKOUT BULLISH FLAG PATTERNSNGP has given breakout on daily charts good opportunity for buying at current levels
THCCL - PSX - Daily TF - LONG (Buy) Trade call RSI 14 indicator is above 70 line and there is no bearish divergence yet.
Klinger Oscillator is above '0' indicating a bullish state; however, Klinger Oscillator (Blue) is yet to cross over the trigger line (green).
EMA 89 line is also below the price chart indicating a bull run.
AB=CD Pattern has been drawn for TP1.
Pole and Flag pattern has been drawn for TP2.
THCCL - LONG (Buy Call)
Buy : Instant @ Market price : 94~95
TP1: 120.35 (Expected TP 22 Oct 2024 )
TP2: 130.25
Image PSXImage script can shows great bullish momentum due to inside buy back of the shares, follow the trade plan according to give TP and SL.
PRL - Trend ReversalPRL trend reversal based on divergence and formation of Higher High. Defined SL, Entry, TP1 and TP2.
It is important to Sustain 955 for now, It is important to Sustain 955 for now, if it is
sustained, we may witness its immediate
resistance around 1020 - 1050.
Next Support seems to be around 830 - 850 &
then around 800 - 803.
Prl - Buy CallPrl - Buy Call
Entry price - Buy above at - 26.05
Stop loss - 21.50
Take profit - 30.40
NRL is BullishPrice was in a strong downtrend, however a matured bullish divergence finally seems to be playing out as previous lower high is broken. If bulls maintain their iron grip on price action then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.
MUGHAL has generated bullish signalMUGHAL is showing bullish sign near trend line, after correction it is looking attractive for buying at current levels.
PRL Bullish Based On Marketwide ActionTechnical Analysis: PRL - Buy Call
* Price Action: Consolidating above ascending trendline.
* Breakout: Potential uptrend above PkR25.55.
* Resistance: Initial at PkR28, intermediate at PkR30, major supply at PkR36.
* Moving Averages: Below 200-day SMA, above 50-day SMA.
* Momentum: Bullish (MACD, RSI).
* Risk Management: Stop loss below PkR23 if trendline breaks.
Overall: Bullish consolidation, potential for uptrend, but risk of downside if trendline breaks.
Important Support Zone should be respected.159 - 161 is an Important Support Zone
that should be respected.
Its actually a Golden Pocket area & if GAL
takes Support from this zone, this would
be a Good come back towards 199 then 235 - 239.
Bullish Divergence on Daily TF.
23.20 - 24 is a Confluence Support
Zone.
Immediate Resistance is 26 - 26.50
Crossing & Sustaining 26.50 may lead
it towards 30.
SAPT - PSX - Technical AnalysisOn daily TF, from 05 Aug till 25 Sep 2024 Trend was Bearish.
Now Price is in sideways.
It is also below SMA 89 curve but not by much.
Volumes are very low as well.
Klinger Volume Oscillator suggests that Bulls are taking over the Bears but not by much as cross is very slanty not vertical, additionally it is below Zero line which means overall in Bearish zone. RSI indicator at 50 suggest neutrality but direction is upwards.
Resistance zones have been marked on chart. If price crosses 1287 then it may go in the bull run. Then first TP will be 1400. It will be critical level to cross. Once it crosses it then price will have a very sharp rise testing all time high of 1725.
Searl seems bullishSEARL seems bullish after long maturation and collection period of shareholders.
The main buying anf profit taking levels are accurately calculated and mentioned on chart.
The only pivot region is stop loss, if it hits and is sustained then a big blow by BEARS will be waiting to low down SEARL price as much as around 20.
