AGP LONG TRADE 08-07-2025AGP – LONG TRADE (1W TIMEFRAME) – REVISIT CALL | 08 JULY 2025
AGP previously broke out of a multi-year accumulation range between Rs. 158 and Rs. 53 (July 2021 to Nov 2024), rallying to a high of Rs. 220. After a structured pullback, the stock has now reversed upward. This revisit call comes as the second leg of the uptrend begins to take shape, backed by solid price action on the weekly timeframe.
AGP trade ideas
Refrain from Trading in AGP at the momentThe stock has made significant bearish divergence and likely to retrace, Retracement Level 1 could be 150, level 2 could be 144, Level 3 could be 133 and Level 4 could be 121 where it should be accumulated as per your capital allocation.
On Long term, the stock seems to be in uptrend with 6 months Target of 270 which will be a 50% gain from suggested Entry.
However, this target is likely to be achieved when it will cross Rs 180 level being its previous HH. Investors or long term traders likely to made over 70-80% on this stock within next 6-8 months
AGP (Complete Analysis).AGP Stock Analysis
Pattern: AGP is forming an inverse cup and handle pattern, indicating a potential bullish reversal.
Target: A target price range of 74-75 is projected based on the pattern.
Gap Fill: AGP has an unfilled gap, which could act as a catalyst for a bullish rally.
Strategy: Consider buying AGP at 74-75 and selling above 78, targeting 80 and 82.
Indicators: Bullish RSI and falling ADX and +DI support the bullish outlook.
Risk: Investors should be aware of inherent risks in all investments.
PSX: AGP Bulls are backAfter making steady journey to north the script has been sideways or retracement. On Friday the security closed above the recent trend line, which was limiting its movement. Simultaneously the RSI has also shown a positive sign by closing above its Moving Average.
It is suggested to go longe when price close above 76.10. The harmonic pattern target is 94.