SEARL trade ideas
Still Bullish...but...Currently at Resistance level around
127 - 129.
The Stock is still Bullish & has the potential
to move upside.
However, some retracement till 109 - 111 is
expected.
& then if 129 - 130 is Crossed with Good Volumes,
we may witness 150 - 170.
SEARL Long positionMonthly breakout confirmed
Short term TP Rs 100
Long term TP Rs 125+ and than trade with trailing stop loss.
Fundamentally, last quarter massive write-off done so in upcoming quarters we will see good profits
Impact of non-essential essentail products pricing will also improve profitability
SEARLAfter Accumulation period it broke its last HH, no makeing new HHs and HLs.
price should hit the level of 99.
Watch Key Levels (SEARL)ou can closely watch the levels I've mentioned on the chart via the text. Before a breakout or breakdown, consider playing within the range with a stop-loss. If a breakout (BU) or breakdown (BD) occurs, check other supporting indicators or parameters before executing your trade. Always conduct your own research before making any decisions.
Play on LevelsDouble Bullish Divergence on Weekly TF.
Confluence of Trendline Support &
Horizontal Support around 58.
65.50 - 66 is a Very Strong Resistance.
SEARL, Ascending Triangle BreakoutBearish Trend Reversal after Double Bottom
Ascending triangle
Breakout of Triangle
Breakout Retest
Buy at current price
Stoploss 54
Projected Target. 90-95
SEARL- Bullish IdeaSEARL has been in consolidation for a long period but recently it broke the range in upwards direction. Currently it has made a divergence at 4-hour time frame. So, it may go for a deeper correction to test the previous resistance currently working as a support. Look for buy setups with confirmation.
Searl seems bullishSEARL seems bullish after long maturation and collection period of shareholders.
The main buying anf profit taking levels are accurately calculated and mentioned on chart.
The only pivot region is stop loss, if it hits and is sustained then a big blow by BEARS will be waiting to low down SEARL price as much as around 20.
Bullish Divergence on Weekly TF.
However, still not able to Cross & Sustain 65 - 66.
For now, confluence of Trendline Supports is there
around 53 - 55; lets see if it gets respect or not!
Currently , it is in moving in Sideways.
For a Positive Momentum, it needs to Cross & Sustain 65 - 66.
Morning Star Formation on Daily TF.
Inverse H&S Target is around 83 - 84
provided it Crosses & Sustains 74.
It is Important to Sustain 64.50 for
further Upside.
SEARL - BullishSEARL - Wedge formation
Buy, if breaks wedge trend line with volume, may target 87. Initial stop loss mentioned and keep trailing stop loss afterwards.
SEARL- Short Call - Bearish SignalsStock is showing double top bearish pattern confluencing with bearish divergence on daily time frame.Also yesterdays bearish engulfing candle supports bearish bias.
Could be a very good short entry with stoploss above recent high and targets should be the last HL.
SEARLWe can attempt to buy SEARL from specified level as 0.5 FIB also intact , also there is no bearish divergence at current levels.
SL , TP mention in chart.
a Very Strong Resistance around 65 - 66
However, a Bullish Divergence on Weekly
as well as Monthly TF is a Positive Sign
On the flip side, it may take Support from 53
then 49.
Weekly Closing above 53 may trigger Positivity
SEARLE - 1H - Bullish Flag - PSXIn this chart we have observed a Bullish flag formation on one hour time frame and we place entry, SL & TP accordingly. No Divergence spotted.
Searl PSX Price is forming an inverted head & shoulder pattern showing bullish momentum, also supporting the line.
SEARL | Flag Pattern Need ConfirmationThe current price action demonstrates movement within a parallel channel. A breakout from this channel is indicative of a potential further upward trajectory. Initial resistance is observed around the 60 level, with secondary resistance at approximately 64. To manage risk, it is advisable to employ a stop loss strategy, with stop orders placed below the 50 mark.
SEARL is BullishSEARL was in a declining phase, after bullish divergence appeared on the top, however it has broken the series of lower highs and lower lows by printing a higher low and higher high. This could mark the beginning of a bullish rally, targets are mentioned on the chart.
PSX -SEARLSEARL has given the breakout of trendline and higher high. Also stock actively part of Top Volume leader list. which reflect the positive trend in the stock to break the recent high value in last rally.
Buy Entry: 55
Stop Loss: 49.50
TP1: 60
TP2:65
SEARLSEARL Buy from specified level (also 0.5 FIB , trendline support intact)
SL , TP mention in chart
