Hidden Bullish Divergence on Shorter Time Frame.Check out the levels for HCAR of all time frames from Monthly, Weekly to Daily.
Hidden Bullish Divergence on Shorter Time Frame.
HCAR trade ideas
HCAR Way ForwardRespecting its trend line, HCAR can take a correction till 266.
Its Next targets can be 558 once it breaches its recent high of 355.
Short term resistance areas are 298, 311, 328 and 355.
Support areas are 285 and 266. Stop loss 244.
HCAR Weekly AnalysisHCAR is near weekly trend line support , buy attempt can be taken around 280 with stoploss of below 240, reward is much high than risk. TP1@400 and TP 2@600
HcarHcar down from 338 and retraced about 40 days. Then it broke the retracement line but could not sustain. This break out became the fakeout.
So it can go further down upto 263 Trendline level because it broke the Ultra high volume lower breakout.
HCAR | Expected 100 Rupee Gain!Take a look at what we have here! I believe we can all agree that this chart is quite intriguing.
HCAR is showing bullish momentum after an uptrend making higher highs and higher lows pattern. The price is currently retesting for establishing its low. A possible pullback might be expected in its price action.
We’re likely to see a new bullish wave towards 400 level which is almost 33% gain but I believe there’s potential for significantly more growth in the months ahead.
Thank you so much for your continued support. Let’s ride this bullish wave together!
KSE 100 - HCAR - long or short?HCAR is currently in a strong bullish trend, with no signs of a reversal yet. The price is still showing upward momentum, and the trend remains intact. At the current level, it presents a good buying opportunity.
Entry: Buy at the current price level.
Stop Loss: Set at 263 to manage risk.
Take Profit: Target 398, with potential further movement towards 400, where the AB=CD pattern completes and aligns with a key resistance level.
The AB=CD pattern completion at 400 suggests that this area may act as resistance, so it’s critical to watch price action closely as it approaches this level. However, the overall trend is still bullish, and as long as the price remains above the 263 support level, the upward momentum should continue.
HCAR - Long PositionABCD can be followed. Medium term target is Rs.500.
Short-term targets are given on the chart.
Bullish on Bigger Time frame.Bullish on Bigger Time frame.
It may touch 312 - 320 on shorter
time frame but needs to break & Sustain 378 - 380
to continue its Bullish Momentum & Targets can be
around 500 - 510.
240 should not be broken as this would start a
Bearish Trend.
HCAR ABCD Pattern: Breakout Buy SetupHCAR has broken its weekly resistance and is trading above it. An ABCD pattern is clearly visible on the chart. A buy can be considered if the daily candle closes above the resistance level.
HCAR has a potential to post 160% gain within next 12 monthsCritical point to watch is Rs. 410 which was a monthly LH, Monthly closing above 410 will trigger the journey towards the historical HH of 928, however, as per falling wedge pattern, the projected price would be around 848 which is a 166% gain from these levels. However, Stop loss should be placed at 243
HCAR Trade1 . Bulish trend
2 . break of continution pattern
3 . break of resistance and sustane 4 . no bearish divergence
5 . long trade
6 . TPs hit 57% increase
HCAR 286 breakout level to fly HCAR broken 268 resistance level and now moving to breakout 286 level, After 286 its next move will be to 308 and 340 levels.
Note: This is not a buy/sell call, Use Stop loss whenever trade.
Can HCAR will touch again 280 level after support of 241Current Financial results and after EX HCAR is above strong support level of 241 and currently it is trading on 248. These both conditions are favorable for its next level of 281.
Note: This is not buy/ sell call.
HCAR (Weekly)Upon analyzing HCAR on a weekly time frame, it is observed that the price has been establishing a pattern of higher highs and higher lows. Additionally, the moving average lines have recently crossed over, suggesting a bullish momentum in the market. Presently, the price has formed a higher low at 274 and retraced subsequent to establishing this support level. A prudent strategy would be to consider placing a stop loss below this support level, approximately around 270, to manage risk in the event of a break.
Key resistance levels are identified at 344 (R1), 375 (R2), and 400 (R3). These levels may act as barriers to further upward movement in the price of HCAR.
HCAR🚀 Stock Alert: HCAR
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Buying Range : 320-330
🎯 First Target : 344
🎯 Second Target : 388
⚠ Stop Loss: 288
⏳ Nature of Trade: Mid Term
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: NO
📰 Technical View: The price action is currently pulling back after the break out from its previous resistance now acting as support around 289 and currently trading around 325. Long position can be consider for the target of 344 where double top formation will made and upon surpassing next target will be around 388. Use stop loss below 288 if the support breaks.
Buy HCARIncreasing volume which shows buyers are in control.
Price breaking monthly channel with good volumes.
Retest will confirm the bullish move.
TP 1 = Rs 400
TP 2 = Rs 850
It's is a long term trade so be patient with it.
PSX: HCAR starting the new phase of journey.HCAR, an auto manufacturer listed at PSX registered some hefty gains and subsequently printed a bullish flag. It is suggested we may initiate a long position when the price close above the channel i.e. 317. As per harmonic pattern the TP shall be 417.
Wishing you Profitable Trading
HCAR ANALYSIS 2.0HCAR forms a bearish reversal pattern along with the bearish divergence + a bearish flag is formed too.
Our Neckline , HL is broken and short sellers can instant sell.
target and Stoploss marked.
AB-CD Bullish Reversal PatternHCAR offering a nice multi-trade option on the AB-CD reversal pattern.
HCAR/PSXAn inverse head and shoulders pattern is a technical analysis pattern commonly used by traders to identify potential bullish reversals in the price of an asset. It consists of three troughs with the middle trough (the head) being lower than the other two (the shoulders), resembling the shape of a head and shoulders flipped upside down.
Here's how it typically forms:
1. **Left Shoulder:** The price of the asset declines to a certain level, then bounces back up, forming the left shoulder.
2. **Head:** After the left shoulder, the price drops further, forming a lower low. However, this decline is followed by a sharp increase in price, forming the head of the pattern. The low point of the head is usually lower than that of the left shoulder.
3. **Right Shoulder:** Following the formation of the head, there is another decline in price, but not as low as the head. This is followed by a rise in price, forming the right shoulder. The high point of the right shoulder is typically lower than that of the left shoulder.
The neckline is a trendline drawn connecting the highs of the left and right shoulders. Once the price breaks above this neckline, it's considered a bullish signal, indicating a potential upward trend reversal.
Traders often look for accompanying volume patterns to confirm the validity of the breakout. If the volume increases as the price breaks above the neckline, it adds further credibility to the pattern.
However, it's important to note that no pattern guarantees future price movements, and traders often use additional indicators and analysis to confirm their trading decisions.
last 2 Hourly candles is Tweezer BottomThose who think they have missed the rally, wait
for the re-test of breakout level around 288 - 290.
Sustaining 290 will lead it to 358 - 369 initially.
However, last 2 Hourly candles is Tweezer Bottom;
another hope for Upside; and if it Crosses 340, next
target would be around 360 - 369.
Stock is Bullish on All Time Frames but Bearish
Divergences are also appearing on Weekly TF, so Trade wisely.
