Currently, near Monthly Support level around 39.50 - 40 Though Bullish on Monthly TF, but Weekly closing is important; above 41 is a positive trigger. Still, 45 needs to be crossed for a Bullish momentum. However, Bearish ABCD pattern also seems in play; targeting around 23 - 24.by House-of-Technicals1
Lucky PSX long term trade ideaLucky has completed its cup and handle pattern. Based on technical analysis, a possible buy, Tp, and SL are shown.Longby Zeb_0555113
AVN potential Buy setup (Weekly)Reasons for bullish bias: - Price bounced from ascending channel support - Price respecting long-term upward trendline - Strong weekly closing at support - RSI is synched Here are the recommended trading levels: Buy 1(CMP): 54.55 Buy 2: 43 Stop Loss Level: 36 Take Profit Level 1: 69 Take Profit Level 2: OpenLongby TradeWithParas5
ILP | Head & ShoulderThe chart represents a head and shoulders pattern for Interloop Ltd. (ILP) on the Pakistan Stock Exchange (PSX). This technical analysis indicates a potential reversal in the stock's upward trend. The chart marks the "Left Shoulder," "Head," and "Right Shoulder" at the top of the price movement, forming the classic head and shoulders structure. The "Neckline," drawn horizontally, acts as a support level around PKR 63.91. The stock price has tested the neckline multiple times, and a breakdown below this level could indicate a further downward trend, possibly aligning with the projected blue arrow suggesting a significant price drop if the pattern completes.Shortby mbaberhanif6
FCEPLWeekly Support Retest Bullish Divergence Aiming for recent Highs BUY above 68 upon closing Final Target 107Longby itsrohansaeed1
MLCFABCD Harmonic Pattern C point printed Moving towards point D Buy RecommendedLongby itsrohansaeed1
NETSOLBullish Channel Retested its bottom channel support Instant Buy recommended Target price 175Longby itsrohansaeed1
FCEPL is BullishPrice was in a strong downtrend, however a matured bullish divergence led to the break of previous lower high, the bullish notion was further affirmed by the printing of a higher low. If bulls maintain pressure then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart. Longby Fahad-Rafique2
LOTCHEM is BullishPrice was in a strong downtrend respecting a descending trendline since Mid April, however matured bullish divergence on daily time frame, finally seems to be playing out as trendline is broken and if bulls manage to breach previous lower high then as per Dow theory we can expect a bullish rally. Targets are mentioned on the chart. Longby Fahad-Rafique6
BuyBuying on Dips is recommended. Trade levels are mentioned on the chart. Trade wisely.by House-of-Technicals3
LongBeautifully taking Support from Monthly Trendline. However, H&S Pattern is also formed on Weekly TF; which is actually a reversal pattern. But there is a Double Bullish Divergence on Daily TF which is actually a Positive Trigger.by House-of-Technicals2
EPCL - Trend ReversalPRL trend reversal based on divergence. Defined SL, Entry, TP1 and TP2.Longby syedabdullah761
Unity can go to 27 and 30+ levels. This yellow line is a resistance for unity. It is 26.66 and if it crosses above it. It can cross 30+ level. Longby W_0300_82082102
Bullish on Daily TF. But Not Yet Bullish on Bigger TF. Crossing & Sustaining 31.50 may lead it towards 35 - 37. However 45 - 47 is an Important Resistance Zone.by House-of-Technicals1
FLYNG - PSX - Daily LONG (Buy) Trade CallKlinger is above Zero and Blue is above Green line. RSI indicator also suggests a bull run. Price has already crossed 18.00 mark which is ATH. Therefore, big and sharp bull run is on the cards. LONG (Buy) Trade Call Entry: Instant 18.50 TP: 25 SL: 14.75 Longby Golden_Spur6
CHCC - PSX -Daily Buy Trade CallCHERAT CEMENT Klinger is above Zero indicating Bullish trend. However, Blue line is yet to cross green line - once it does so, bull run will take momentum. RSI indicator suggests a Hidden Bullish Divergence means continuation of an uptrend. Technically correct entry will be after price reaches 182.00. LONG (Buy) Trade Call Entry : 182 TP: 200 SL : 173Longby Golden_Spur7
PIBTL | Dragon PatternPattern: Dragon Pattern Current Status: Breakout observed from the dragon pattern. Trade Strategy: Entry: Long position at closing price of 6. Target: 7 Stop Loss: 5.50 Summary: PIBTL has broken out of a dragon pattern, signaling potential bullish momentum. Enter at 6, aim for a target of 7, and set a stop loss at 5.50 to manage risk.Longby mbaberhanifUpdated 7
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+by House-of-Technicals0
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.by House-of-Technicals4
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. Shortby W_0300_82082103
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. Shortby W_0300_82082103
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. Longby W_0300_82082103