SNGP - LongIt is a slow item, but due to IMF pressure prices of GAs will increase for industry and residential customers which will benefit SNGP. Also, their line losses have reduced singificantly that will improve thier profitability.
I am eyeing a long-term target of Rs 165
Short/medium-term targets are Rs 104, 115 and 124
SL and retesting area 91.5 to 92
DGKC ID Chart PSX - Ascending Triangle Buy StrategyDGKC ID Chart - Ascending Triangle Buy Strategy:
- Buy at Current Price: Enter the trade at the current market price.
- Stop Loss: Set a stop loss at 101 to minimize potential losses.
- Take Profit 1 (TP1): Target a first take profit at 132.
- Take Profit 2 (TP2): Set a second take profit at 153 for additional gains.
- "DGKC has delivered impressive results, showcasing strong financial performance and growth."
- "The company's strategic initiatives have paid off, resulting in robust earnings and market confidence."
- "DGKC continues to exceed expectations, reinforcing its position as a leader in the cement industry."
Happy Trading.
GTYR Technical Analysis: Potential Buy OpportunityOn the daily chart, GTYR is on a steady upward path within an ascending channel, currently testing the Fib 0.5 level. Buy1 is recommended at CMP(46), and Buy2 is recommended at 40—a level that also serves as channel support. A stop-loss on a closing basis is advised below 34. The first target is 55; if the price moves past the channel resistance after that, further targets of 64 and 78 could be reached. The setup shows strong potential with the trendline intact and the RSI in sync. Happy trading!
Bullish on Monthly TF.
Bearish ABCD Pattern seems to appear
with Potential Targets around 900+
However, 690 - 790 is an Important Zone
that needs to Cross & Sustain for further Upside.
Immediate Support can be the CMP if 615 is
not Broken.
Important Support Zone seems to be in the
range of 575 - 605.
Should not break 560 at least, otherwise more
selling pressure can be observed.
a Very Strong Resistance around 138 - 140.a Very Strong Resistance around 138 - 140.
Those who have already taken entry in BCL should
keep a Stoploss of 117 on Closing basis.
Initial Targets can be around 128 - 130 & then towards 136 - 138.
These levels should be easily attained because of
Hidden Bullish Divergence.
Crossing & Sustaining 140 will lead it towards
150 - 155.
Long Term Targets can be above 200+ but that would
be possible if 182 is Crossed & Sustained with Good Volumes.
SSGC TRADE IDEA. RETEST + FVGSSGC is currently on a loosing streak after rallying up almost 80 percent after the breakout on daily chart at 28.75 The stock is now again coming back to retest the previous high at 28.75
There is a fair value gap also around 28.75. A large amount of liquidity is resting at 28.75 to 29.00. The stock will show a quick bounce from these levels.
But the stock will be very volatile near these level as mentioned above.
put limit orders also watch closely near 28.75 to 29.00
As the big players also might hunt for stop losses just below these levels so be careful and watch carefully but this is a big chance to buy as the stock will rally quickly around 10 to 15 percent after absorbing liquidity at these levels!
LETS SEE WHAT HAPPENS.