RPL-LONGRPL is trading in a bullish trend and now retraces from 0.786 fib ratio and 200 MA,so we will take a long trade here
PPL is in uptrend PPL is bullish,price has taken a correction and current levels are attractive for buying .
Power cement is flying to 11.5 level after flying over 8 levelPower cement monthly chart is showing these 2 important levels, It can go to 11.5 after crossing level of 8
Flying cement is crossing 8 level, Going to 11Flying cement is crossing 8 level mar and its next level will be near 12
CPHL continuing upward moveCPHL was in correction phase know showing bullish signs on daily char, current levels are good for buying .
OBOYWe can attempt to buy OBOY from specified levels as it give breakout of trendline resistance , accumulation phase , also there is no bearish divergence at current levels.
SL , TP mention in chart.
EPCL - Long EPCL has given a breakout of a very strong trendline and there is a bullish divergence adding confluence of a trend reversal. Hence, going long on EPCL in PSX.
SSGC is ready to flySSGC is breaking level in monthly chart and its key level is 16.5, After breaking this level it will go to 22 level.
KOHC potential Buy setupHere are the recommended trading levels:
Buy 1(CMP): 366.9
Buy 2: 334
Stop Loss Level: Closing below 277
Take Profit Level 1: 423.63
Take Profit Level 2: Open
Reasons for bullish bias:
- Fundamentally a very strong company
- Price is at a good fib zone
- Overall a bullish trend
- Price synched with RSI
Systems Buy Idea!Systems has been accumulating for exactly the same time now as last time
if it breaks above 600-700 could be the final target
BWHLIn financial markets, "AB=CD" is a harmonic pattern that traders use to predict potential reversals or continuations in price movements. It's named after its basic structure: the price forms two legs (AB and CD) that are equal in time and price magnitude.
A "bullish AB=CD" pattern suggests that the price is likely to rise. Traders look for specific Fibonacci ratios between the lengths of AB and CD, typically 0.618 or 1.618, to confirm the pattern. When these ratios align, it's seen as a signal that the price may continue to rise after completing the CD leg.
However, like any technical analysis tool, it's not foolproof, and traders often use it in conjunction with other indicators and analysis methods to make informed decisions.
FCCL is heading to 60 level FCCL financial results was good and today reduction of 250 bps in monetary policy is additional helping hand to push FCCL share price to 60 level, Today is breaks 35 level and now it is going to break these next levels in chart soon.
Note: This is not a buy/sell call.
MLCFThe price action is in uptrend, currently trend line resistance lies around 40 which consider as the first target of MLCF. For swing trading setup, price needs to break out for upside projection.
MLCF | Flag PatternMLCF is making flag pattern, break out is already observed, flag projection lies around 48
SYS | Parallel Channel VS Support LevelThere are two possible scenarios in SYS technical chart, either it follows parallel channel or pull back from its current support level.
Airlink is ready to fly to 150 level soonAfter recovery from 118 to 130 level. Airlink is on a good support level and it could be fly to level of 150 soon, Today it move very fast to 130 level and this momentum will make possible for 150 level.
Note: This is not a buy/sell call.
Favoring BullsNegative Point: Bearish Divergence on Daily TF
Bullish Points:
Morning Star Formation on Daily TF.
Bullish on All Time Frames
Sustaining above Strong Resistance area (218 - 219);
this may act as Support now.
Immediate Resistance area : 249 - 260
Immediate Support area : 217 - 221
We may witness 290+ if 270 - 275 is Crossed
Make it or Break it...72.10 is Important to Sustain on weekly basis
to move towards upside.
& 77 is a Strong Resistance level.
On the flip side, 65 - 66 is a Strong Support area
that should be respected.
It is Bearish on all Time Frames.It is Bearish on all Time Frames.
But Currently it is at 38.20 % fib level; we need
to wait for a Bullish Signal (at least on hourly basis)
for fresh entry here.
If this Support is broken, we may witness 63 &
then 55 - 56 as it would also be a Double Bottom
area.
old analysis played well As mentioned in last analysis, it successfully
touched 1050 after sustaining 955.
Now it is near Immediate Resistance area.
Currently, it is moving in a range from around
930 - 1050
Sustaining 1065 may lead it towards 1100+
On the flip side, 930 is a very Important Support.
