Golden_Spur

Golden_Spur

On daily TF, after making the cup and handle pattern, now the price is moving in upward direction. Buying at CMP (to gain more profit) and after breaking of neck line (technically better entry) is recommended. Trade Values Buy-1: 87.39 (CMP) Buy-2: 100.42 (On breaking of neck line) TP-1: 160.86 TP-2: 222.65 SL: 75.23

Golden_Spur

On monthly TF, MSCL has completed the Bullish SHARK harmonic pattern (93% compliant). Now it has started its reversal journey and is at ideal price to buy for substantial gains in couple of months. RSI is at 35 level moving upwards. KVO is although below zero level but has started to look upwards as well. As soon as KVO Blue line crosses the trigger Green line...

Golden_Spur Updated 

SYM is in bull run. At present KVO is suggesting a strong bull run; however, a bearish divergence has formed on RSI, which may cause the prices to retrace a bit which is good as then a Higher Low of the Bull cycle will be defined and then price will again go up. Therefore, buy on dip is quite possible but in case price continues to go up then Buy-3 should be...

Golden_Spur

PSX is in a bull run which is proving to be quite phenomenal. Now the big question is where is the market top and when will it be? Elliott Wave Theory and Samuel Banner's Century Cycle chart are the ones which I'm going to use here. As per Benner's cycle the current bull run began in Jan 2024 and its top should be in December 2026. However, since we know that...

Golden_Spur

MFFL on daily TF, price has started to move downwards. It is following Cypher pattern and 93% chances are that it will follow it till price drops to 193~195. Additionally, RSI has also dipped close to 60 level and still going downwards. KVO also is dipping downwards but still above zero line; as soon as Blue line downwards crosses Green line price will start to...

Golden_Spur

Price is just above EMA 21 on Daily TF which indicates that still this script is in the Bull Run. However, if price drop from here then it may drop till 95 and bounce from there. It may even slip to 73 as well. RSI is slightly sliding downwards but there is no divergence present. KVO suggest a balance state. Moreover, Pole & Flag patterns have been repeatedly...

Golden_Spur

KOHC - price moving in downwards parallel channel. It is at 4H support now and may bounce out of channel to test 450 resistance zone. Otherwise, it may still go further down the parallel channel and bounce from 320~330 zone. RSI is indicating a further slip in price however, KVO suggest that price will stay static and may go either side. Therefore, if price drops...

Golden_Spur

On monthly time frame FFL is following SHARK Harmonic pattern. In the present bull run, prices are moving up swiftly. 125% gains in next 4 months are quite obvious. One may take Swing trading for a week till TP-1 as RSI and KVO both suggests that TP-1 is quite easily possible. Then subsequently TP-2 as well. For TP-3 one may reenter the trade on dip expected...

Golden_Spur

On daily TF, this stock is in Bearish run for quite some time, making LHs and LLs. However, now seeing PSX going into bull run every stock has started to shift its momentum towards bull run. SHARK harmonic pattern has been drawn (93% compliant). If price follows this pattern then very good return are expected. Price value zone of 170~175 is critical resistance...

Golden_Spur

On daily time frame, price after defining a Higher Low of bull cycle is going up. A hidden bullish divergence has also played indicting that trend will continue. KVO also suggest that bull run is still on. TPs have been set using Fib. Trade Value: Buy CMP: 599.78 TP1: 679 TP2: 716 SL: 520

Golden_Spur Updated 

GLAXO on Daily TF is moving up in a parallel channel, and presently at the support of channel. RSI has a bearish divergence present. Moreover, since 28 Oct 2024, KVO was in a bullish state but today on 09 Dec 2024 it has changed to bearish as it has dipped below zero level indication a likely retracement. Fib retracement up till 38.20% will be very good to define...

Golden_Spur Updated 

Fundamentally company is growing as it is producing chemicals used in ammo manufacturing of POFs; besides it is Commercial Selling front-end of POFs products. Backing by Min of Defence Production is another plus; therefore, no shortage of Cash Flow (despite what their Financial Statement says). On going war in Europ is very beneficial for this company as it has...

Golden_Spur Updated 

On daily TF, GGL is following the bullish parallel channel. Price is almost at the bottom support of the channel with 45% Fib retracement. Therefore, one can enter the trade at this time. Trade Values: Buy1: 13.95 (Current Market Price) Buy2: 13.55 SL: 13.50 TP-1: 18.27 TP-2: 19.95

Golden_Spur

RPL is following Bat Pattern. If it continues to follow it (91% chances) then it is going to test 15.80 first and then will test 15.00 and then 13.20 and eventually 10.75 . And if it does not then it will bounce back from Orange line which is weekly support line.

Golden_Spur

On daily TF, MARI has defined a Higher High and has came down to define a Higher Low. Currently almost 52% Fib retracement (Rs 655) has done. Price may even further drop to Fib 61.80% (Rs 610). Now, this is the golden pocket (50~61.80%) retracement zone, where most financial institutions prefer to enter. Trade Values Buy-1 (CMP) : 660 BUY-2: 635 SL: 550 TP-1:...

Golden_Spur Updated 

MARI is in bull run as ever. RSI and KVO also suggesting strong buying. Fundamentally very strong and now showing its true potential. New entrants may buy now or wait for the dip expected shortly but that would be very brief. Trade Values Buy : 558 SL: 429 TP-1: 604 TP-2: 731 TP-3: 797

Golden_Spur

On Daily time frame, PREMA after making sharp gains has retraced to more than 60% becoming very attractive for Buyers. KVO has also started to change its direction upwards indication a shift of momentum coming up. On RSI, there is a Hidden Bullish Divergence in the making which indicates a very sharp up trend coming up. Therefore, buying immediately at market...

Golden_Spur Updated 

Citi Pharma is in bull run for almost past 9 months. On Monthly TF, Cup has been formed but Handle is yet to be made. See picture pasted on the chart. For that price must retrace a bit to Fib 0.23 to 0.38. In that case Entry will be at retrace and TP will be equal to depth of the cup. On the other hand if price does not retrace then entry should be sufficiently...