NBP looks for another rideNBP looks for another ride in 2025.
But before riding in Q1 2025 it shall continue its short term down movement correction and then start the rally up.
FCCL - PSX - Technical AnalysisFauji Cement Co Ltd (FCCL) share price is almost at Daily Channel Support Level. Technically, price may bounce from this support.
However, a SHARK Harmonic pattern has been drawn (93% compliant) which if followed will drop the prices significantly. KVO is dipping below zero level indicating a Bear run; additionally RSI is also dipping which supports the dropping of prices. Until and unless some fundamental element or good news kicks in price should go till Buy-2 level. In case price drops below 29 then price will free fall till 29.27.
Trade Values
Buy-1: 34.07
Buy-2: 33.87
SL: 29.27
TP-1: 40
TP-2:47
FECTC - PSX - Technical AnalysisPrice is just above EMA 21 on Daily TF which indicates that still this script is in the Bull Run. However, if price drop from here then it may drop till 95 and bounce from there. It may even slip to 73 as well. RSI is slightly sliding downwards but there is no divergence present. KVO suggest a balance state.
Moreover, Pole & Flag patterns have been repeatedly printed by this script and right now Pole is about to start.
Trade Values:
BUY-1: 103
BUY-2: 95
SL: 90
TP: 127
TP-2: 159
KOHC- PSX - Technical AnalysisKOHC - price moving in downwards parallel channel. It is at 4H support now and may bounce out of channel to test 450 resistance zone.
Otherwise, it may still go further down the parallel channel and bounce from 320~330 zone. RSI is indicating a further slip in price however, KVO suggest that price will stay static and may go either side. Therefore, if price drops below 360 then one must exit. And if planning to buy then better to buy on dip at 320~330.
And even better buying will be once the price crosses 460 after breaking the resistance zone of 440~450.
FFL - PSX - Monthly Technical Analysis - SHARK Harmonic PatternOn monthly time frame FFL is following SHARK Harmonic pattern.
In the present bull run, prices are moving up swiftly.
125% gains in next 4 months are quite obvious.
One may take Swing trading for a week till TP-1 as RSI and KVO both suggests that TP-1 is quite easily possible. Then subsequently TP-2 as well. For TP-3 one may reenter the trade on dip expected after TP-2. However, January is always very bullish and one never knows if TPs are achieved much earlier.
Trade Values
Buy (Mkt): 16.30
TP-1: 18.52
TP-2: 23.06
TP-3: 30.33
TP-4: 36.56
PSO - 17% Quick Gainimmediate entry can be taken with SL around 377 for first TP of 453 and second TP of 491
TPLP Buy Trade PlanTPLP is trading in a bullish penant and has taken support on key fib levels. TPs are 15.45 and below 17
DGKC Long positionI shared the graph earlier where DGKC achieved all my targets from 82 to 107.
Now it has retraced at a very good rate, getting a 30% to 40% gain.
Stop Loss is 89 and targets are 126 and 133.
18% gain in GCILThe company has successfully broke out the accumulation zone and now poised to make new HHs and HLs.
Entry can be planned on current rates or post closing 13.86. This will trigger the upside towards 21.4 as per the bullish flag projection while exit as per the trade plan is around 20
SL can be placed at 13.6
Potential 23% upside in PAKOXYThe stock has printed a Bullish Flag Pattern and currently being accumulated.
Breaking 161 on daily time frame will trigger the journey towards the Target Price of 200 with Stop loss of 122
The projection of the bullish flag showing the price to touch 215 easily.
AB=CD Pattern with Bullish Flag: Key Fibonacci Levels in Play!It could be an example of a Bullish Flag.
Why am I posting it?
The reason is to show an example of the AB=CD Pattern, and it currently respected the 61.80% Fibonacci level at 22.17.
If it breaks the 61.80% level on a closing basis (Keeping in mind, it's a Weekly Chart :-) ), it could drop to 18, potentially forming a double bottom. However, if it plays out as expected, the target can be 40+!
Anyhow, I am personally not invested in it—this is just for learning purposes.
HBL FUTURETWM-1 (25/12/2024)
Buy HBL @145-150
Target 200+ in 3-4 weeks
No Stop loss
👏👏👏
HBL is bullish for midterm investment in 2025.
Lucky investors will be those who capture this price range (100-140) for the last time in the (FUTURE) history of HBL, around 2026.
Making HH HL on Daily TF; butMaking HH HL on Daily TF; but 236 is
Important to Sustain for Further Upside.
222 - 225 may act as an Immediate
Support Zone.
Though 206 is a key level that should
not be broken. However, retesting of
193 - 195 levels is also possible in worst case.
Upside Immediate Targets can be around
265 - 270.
Still Bullish on Bigger Time Frames.
Immediate Support seems to be around 92 - 93
which is also 38.20% fib level.
In the worst case, 80 can be tested which seems
bit difficult as of now because of other Bullish
indicators.
Resistance for now is around 99.50 - 100; crossing
it will lead the price towards 110 - 111.
GHNI offering over 30% gains from these levelsthe stock is continuing its uptrend and after making Cup and handle formation, successfully broke out the handle, if it posted daily closing above 444, the stock is likely to test its cup and handle projection of 590 which is a good return of ~32%
with a SL of 360, as per trade plan, entry should be made at 444, with TP1 of Rs. 528 and TP2 of 612, however, as per Cup and Handle projections, one can close the trade around 590 levels.
GATM is BullishPrice has finally given a breakout from a two year accumulation phase indicating the control of bulls. A sustained breakout from the accumulation phase with printing of a higher high is a classic demonstration of bullish reversal as per Dow theory. Targets are mentioned on the chart.
LPGL - PSX - Technical AnalysisOn daily TF, this stock is in Bearish run for quite some time, making LHs and LLs. However, now seeing PSX going into bull run every stock has started to shift its momentum towards bull run.
SHARK harmonic pattern has been drawn (93% compliant). If price follows this pattern then very good return are expected. Price value zone of 170~175 is critical resistance zone, if it is crossed then bull run will likely to follow this pattern. RSI and Stochastic are indicating sufficient space to stay in bullish run. However, be mindful that a limited volumes are traded in this stock.
Trade Values
Buy (CMP): 131.99
TP-1: 165
TP-2: 235
TP-3: 365
TP-4: 440
SL: 100
MTL Broke th Retracement LineMTL is bounced from High 684 into Fibonacci Golden Zone
and expected to go up with first Target 🎯Price can be 684
Stopp Loss should be: 602
Bullish 🐂
BFBIO is flying to 4 figures.BFBIO is going very high since it started This positive momentum may lead it to 365, 640, 910, 1180 and 1430 level.
Note: This is not a buy/sell call. Trade
at your own will. Use stop loss
