HBL trade ideas
Buy Idea: Habib Bank Limited (HBL)📘 Buy Idea: Habib Bank Limited (HBL)
🔹 Timeframe: Monthly | Strategy: Structure + Type 1.4 + Context Targets
✅ Entry Zone:
Buy between 145 – 155 PKR (near the marked "M Type 1.4" level).
📉 Stop Loss (SL):
Below 92 PKR
("This low to be held as protected low" – the ITL zone).
🎯 Take-Profit Targets (TP):
Target Price (PKR) Gain % Description
TP1 240 ~60% First context target
TP2 314 ~120% Previous major high
TP3 411 ~165% Final potential rocket move 🚀
📌 Context & Narrative:
Price broke key structure levels and is forming a bullish base.
Multiple STL levels swept – shows smart money accumulation.
"M Type 1.4" indicates institutional interest.
Targets are based on historical price action and FVG-based projection.
💡 Position Strategy:
Buy 50% at current price (150–155)
Add 25% on a pullback to 140
Add 25% if price dips toward 130
HBL PROBABLY IN WAVE 'A' OF CORRECTIVE PATTERN DOWNHBL is most probably in a corrective wave down which has started after a strong impulse wave up. Currently the market is in wave A of the corrective pattern downwards.
As a good practice one should always look into an alternate wave count, my alternate count
suggests that we are in a bigger WXYXZ corrective wave upwards and currently are in wave Y
which is almost complete and suggest price to move upwards.
My preferred wave count is ABC pattern down with a target price range around 122, We will
enter long positions around that range OR We will enter long positions once price break above blue resistance line of wave Y
Also in addition to our ABC wave count down a Double Top pattern has emerged, double top pattern has a high pullback percentage therefore anyone who wants to short sell the stock should wait for the price to break below the last swing low.
Remember volume is the key indicator here if the price does break the last swing low.
Let see how this plays, Good Luck !
Disclaimer: This is for informational purposes only; anyone taking trades using this idea will be liable for their own profit or loss.
HBL in bearish trendHBL is dropped from its support level of 169.69 and it is heading
to its stong support and psycological level of 130.
Fresh entry must be at above 170 level if it maintains.
TP 197 and 225.
If it wont maintin 170, wait for dropping to 130 levels.
If it maintain
on 130 take fresh entry, TP is 169, 197 & 225
Stop loss as per your strtegy.
Note: This is not a buy/sell call. Trade at your own will.
HBL🚀 Stock Alert: *HBL*
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 First Range : 116-116.50
🎯 First Target : 120.80
🎯 Second Target : 126.70
⚠ Stop Loss: 110
⏳ Nature of Trade: Short Term
📉 Risk Level: Medium
☪ Shariah Compliant: NO
💰 Dividend Paying: YES
📰 Technical View: Break out from descending trend line is observed. First and second resistance levels are 120.80 and 126.70 respectively. MACD show bullish momentum.
HBL is BulllishHBL is currently in a strong uptrend on weekly time frame. It is printing higher highs and higher lows, and according to AB=CD harmonics pattern, the projection says that there is still massive room for upward movement. Targets are mentioned on the chart.
P.S Analysis is conducted on weekly time frame, so this could take months to play out
#HBL Short #KSE100Habib Bank Limited just entered the resistance area and should be looking to retrace back from here towards 85-88 region. KSE 100 index is over stretched at this point with a whopping 20% + upside rally in a short period which has also entered a significant resistance area. With uncertain economic conditions and no positive news coming out of the country to endless currency free fall there isn't much to look at, at this point. The fundamentals do not look so good in the short term unless there is some positive news about the elections. I would be cautious going long on stocks at this point.