PKGS - PSX - Buy OpportunityPKGS has been playing range since mid-September. Currently, it is moving upwards from a key support zone. Look for buy opportunities around current price level.
GWLC - PSX - Buy OpportunityGWLC has been on an upward trend for a long time. It is going to make a deeper correction after a bearish divergence at the weekly time frame. Look for the buy opportunity at marked levels.
IBFL - PSX - Buy OpportunityIBFL has been ranged for a long time and recently broke below the range, but now it is making HHs and HLs on the 4H time frame and is also about to break the range's resistance. If the price breaks above the resistance, look for the buy entry.
IMAGE- Buy OpportunityThe current analysis of IMAGE over a 4-hour time frame shows that it is trending upward, making HHs and HLs. But recently it has been going down for a major correction. Look for buy opportunity around support if it holds above the support levels. Or look for a buy if it breaks above the previous HH.
FLYNG may Fly It would be a buying opportunity
if it comes around 18 - 18.60
Stoploss in that case should be
around 14.60
If 22.50 is Crosses & Sustained, we
may witness 26 - 27.
PSX:PSO ABCD Pattern CompleteABCD Pattern Complete
Divergence on RSI
Can retrace reached PRZ
Can retrace to 216-222 Range on Fib
PSX:Unity BreakoutPSX:UNITY daily chart
Breakout from range with high volumes
Stop loss can be set to 25
GLAXO - PSX - LONG (Buy) Trade Call On Daily TF, Bullish Hidden Divergence on RSI has already played. However, price is above EMA 89 and Klinger Volume Oscillator is above zero line; therefore, both indicating the continuation of bull run. price with little bit retracement should continue upwards. Fib Extension Tool has been used to identify TPs for new all-time highs.
My trade values are mentioned below: -
Entry LONG (Buy) : 254
TP 1: 298
TP2: 330
SL: 208
UNITY-LONGUnity foods has formed a double bottom pattern so we will take a long entry at the break of neckline of double bottom pattern
Dyno is going to fly from 182Dyno is currently at low levels of 182 and it can cross these levels soon.
Note: This is not a buy or sell call, trade at your own risk.
FFL: Potential Bullish Targets AheadFFL highlighting a potential "cup and handle" pattern. The price recently broke out above a downward-sloping trendline, marking the handle's resistance at approximately 11.86 PKR, suggesting a potential bullish reversal. Key resistance levels are marked at R1 (14.82), R2 (16.47), and R3 (18.70), providing potential targets if the upward trend continues. This breakout from the handle's resistance could indicate a momentum shift, with the next targets aligning with these resistance levels, confirming the pattern's bullish implications.
FLYING: Bullish ChannelBullish Channel
New Highs Formation
Divergence Appeared now Diluted
Retracement Expected
50% fib level aliigns with horizontal resistace at bottom of channel
Best Entry is 18-19 level
HTLHTL - Buy Call
Stock Summary : HTL closed at PkR34.70 and suggests a potential bullish reversal. It’s approaching the lower Bollinger Band, indicating that the downside may be limited, while the William percentage indicator suggests that the stock is 70% oversold, indicating a reversal stance.
Recommendation : Initiate buying positions on weakness or near the support zone and set stop losses below PkR33.23 to manage risk effectively. Initial target is at 35.52 and secondary target is at 36.33
BAFL Stock in Correction Phase After RallyThe monthly chart for Bank Alfalah Ltd (BAFL) on the Pakistan Stock Exchange shows a strong upward price movement followed by a corrective phase. After a significant rally, increasing by 37.17%, the price has pulled back and is currently testing support around the 61.99 PKR level. Key Fibonacci retracement levels indicate potential support at 55.50 PKR (38.2% retracement), with stronger support at 50.18 PKR and 44.85 PKR if the correction deepens. The price appears to be consolidating, and a bounce from these levels could target the previous high of 85.03 PKR. Volume trends during the rally suggest sustained interest, but the current phase reflects a cautious correction.
DFML Dragon Pattern BreakoutThis chart for Dewan Farooque Motors Ltd (DFML) displays a "Dragon Pattern," a bullish reversal signal. The pattern is characterized by two distinct lows (labeled as Foot #1 and Foot #2), followed by a breakout above the resistance line (marked as "Entry"). The head and hump within the pattern indicate consolidation before the breakout. The take profit targets are clearly outlined at 51 PKR (Take Profit 1) and 53.80 PKR (Take Profit 2), with the current price at 47.40 PKR. A stop-loss is set at 44.20 PKR, indicating a risk-reward ratio of 2. The chart suggests a favorable potential upside, supported by increased volume during the breakout.
LUCK - Bullish ReverThe price appears to have bounced from a recent low around the 830 level, forming a potential reversal pattern. The price is currently trading around PkR848.50 after a downward trend that seems to have reversed. There are marked support zones near 830-840 PKR, and the price is showing some recovery with higher highs and lows.
Entering a long position might be considered if the price sustains above the current resistance at PkR850, as this could indicate a continued upward movement. A stop-loss could be set below the previous support at around PkR815.50 to limit downside risk, while targeting a move back towards PkR900 or higher, depending on momentum. However, confirmation of bullish strength is key before fully committing to the position.
The Downtrend Is Over, 50% Potential AheadRPL looks attractive as its already on lower side from its top of 22.44, next accumulation zone lies around 16 and if it follows the same pattern of Higher Highs & Higher Lows then potential upside towards 24 gives 50% gain. This is a swing trade setup and can take time to give this much return or may be early. Use stop loss at 12 to manage risk, entry at 16 if reaches only, and set sell limit at 24. Manage your risk accordingly.
Sazew resistance 1038 is very importantSazew current financial results are good and these levels could be crossed by #Sazew, Important resistance level is 1038, and it could touch these above levels.
Note: This is not a buy or sell call, Trade at your own risk and decisions.
