FCCL- LONG TRADEFCCL is moving in Uptrend Channel. it recently broke a support but which proved to be a bear trap or spring. Currently it's on Spring board or retest lvl.
Buying 45-47
TP1 49
TP 2 51
TP3 53
SL below 44
FCCL trade ideas
FCCL Breaks 8-Years Long Resistance Now Towards...!FCCL breaks a 8-years Long resistance. The result could be epic, it could either keep going higher or pause short-term and then blast through above the resistance. However, breakout is still in place burning some of the early buyers to explode higher without much effort.
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
FCCL - PSX - Buy Trade CallFundamentally, FCCL is progressing steadily. Its recent quarterly report ending Dec 2024 is a little bit better than previous quarter ending Sep 2024. Similarly, as compared to previous year same quarter, its revenue has almost jumped 25% (from 20B Dec 2023 to 25B 2024). Historically, Quarter ending March shows some lesser revenue due to bit lesser sales during winter season whose impact is depicted in March. Therefore, it should not be a big surprise if earnings drop in quarter ending Mar 2025. However, share price might take a minor correction before moving up. This is potentially a very good SCRIPT whose share price may be doubled in next 10 months by end Dec 2025. Therefore, it can be kept as an Investment stock.
Technically analyzing the script, we see that it is moving upwards in a regression channel. Also Daily Support line has always been honored by the SCRIPT since going into bull run in Aug 2024. Price is well above EMA 89 suggesting continuation of bull run. Presently the price is above EMA 21 and since it is likely to act as a magnet, therefore, price should drop a little to test this line (BUY-1). Additionally, potential Cypher Harmonic pattern has been drawn, which if complied then price can even test that zone too (BUY-2).
There is no divergence on RSI and RSI still has some room to get into potential reversal zone. However, volumes are a bit low. KVO indicator is dipping on trigger line below Zero level also suggest minor dipping in price is expected to test Buy-2 level.
Trade Values
Buy-1: 40.66
Buy-2: 38.74
SL: 36.02
TP-1: 49
TP-2:59
FCCL : Will It Retrace Before the Next Rally?On previous Call 4th mar 2025 , Stock met his target . Now next Short-term traders may wait for a retracement to 40-41 PKR before entering long positions.
The stock is moving within an ascending channel, with price action respecting both the support and resistance trendlines.
The price is currently near the upper resistance of this channel,Around 45-PKR, where price is struggling to break higher. suggesting a potential correction before another move higher.
PSX FCCL Analysis: Entry Points, Targets (Gain 8%-15%-22%)Market Structure & Trend
The stock is maintaining an uptrend, supported by a rising trendline. The price is currently near a potential support level, making it an interesting point for buyers.
Buy Zones & Targets:
Buy-1: 34-36 PKR → Target 40 & 46 PKR
Buy-2: 40-42 PKR → Target 44 & 48 PKR
FCCL bullish momentumFCCL is in bullish momentum, price is know in correction mode despite the fact that most scrips are down focal hasn't gone down that much looking strong at current level buying is recommended
FCCL - LONGAfter a correction and consolidation now it is ready to move upward also in safe zone no need to take stop loss also having a good potential.
FCCL is bullishFCCL is in uptrend on daily chart, price has taken a due correction and know showing upward sign, current level are good for buying.
FCCL is in correction and favourable for buyFCCL is in correction phase and buy on these levels and sell on above 36 level.
Note: This is not a buy/sell call. Trade at your own risk.
FCCL is heading to 60 level FCCL financial results was good and today reduction of 250 bps in monetary policy is additional helping hand to push FCCL share price to 60 level, Today is breaks 35 level and now it is going to break these next levels in chart soon.
Note: This is not a buy/sell call.
Stock is making HH HL.Stock is making HH HL.
It should not break 24.50 on Monthly basis.
It has the potential to touch 28.50 then 30.
However, those who are in Profits, Must trail
the Stoploss (atleast at breakeven point), if
they don't want to enjoy profits ;-)
Fresh Entry can be taken around 24.50 - 25 with
proper Stoploss level.
FCCL - PSX - Analysis on 02 Oct 2024FCCL - Daily TF
Currently trend is in uptrend. AB=CD harmonic pattern has been drawn which indicates that PRZ is close, and price may reverse after testing Rs 27.70 to Rs 28.45 zone values. Hidden Bullish Divergence has already caused a pump in the price. RSI indicator also suggests that momentum is highly bullish and is going to put market in oversold condition shortly.
Historically it retraced to 0.618 level. Therefore, once again it is expected to retrace back to 0.618 level which expectedly will be Rs 22.80 .
Trade Values:
One can buy on dip around 25.50 with TP at 27.50.
Then Either take SHORT (Sell) trade on reversal or wait till traces back to Rs 22 and then again buy it.
FFCL Down Trend AnalysisWeigh and observe the cycle. If it moves up, consider buying for the short term. If not, wait for a lower level, specifically between 21 and 22.6, to buy.
Wait price in cicle
buy at lower if go down
FCCL-LONGFCCL is taking support from trend line and 200 DMA so its a perfect chance to buy for mentioned targets
FCCL PSXAfter hitting previous target, FCCL looking bullish from its support level, possible TP and SL are mentioned.
FCCL BULLISH ON MONTHLY TIMEAfter breaking the trendline, heading towards 36, keep trailing the stop loss.
FCCL StockThe Chart shows Bullish Trend .But Divergence is also there and its also making continuous Falling wedge. So, the Trend will be Bearish.
The Entry price Will be at 21.01 and the Stop Loss will be 23.72
FCCLFCCL is trading in bullish rectangle pattern (continuation pattern ) as also there is no bearish divergence at current level . We can attempt to buy at retest if it gives breakout upside so the projected price will be 25.
FCCL is BullishFCCL has broken the previous lower high and now looks good for a bullish move. It would make a higher low now before moving up. Targets are mentioned on the chart.
