The market is showing signs of a bullish recovery, with price pushing into a key resistance zone after a strong move up. The Fibonacci retracement levels suggest that the price might face resistance around the 0.236 or 0.382 levels, where a pullback could occur. If buyers maintain control, the uptrend may continue, but there is also a possibility of a retracement...
The DGB/USDT pair on Binance is currently in a strong uptrend, as seen in the 1-hour chart. The price has surged, breaking key resistance levels and reaching 0.01078 USDT. The Fibonacci retracement levels suggest potential support at 0.618 (0.00975) and 0.5 (0.00999), which could act as buy zones if a pullback occurs. Additionally, the Relative Strength Index...
LAYER/USDT is showing a classic bearish divergence on the 1-hour chart. While the price made a higher high, the RSI printed a lower high, signaling weakening bullish momentum. This could indicate an upcoming pullback or trend reversal. Traders should watch for a break of key support levels and bearish confirmation signals before making their next move. Is this the...
Price made a lower low, but RSI formed a higher low, signaling weakening bearish momentum. This could indicate a potential reversal or relief bounce. Always confirm with volume and price action before entering trades. Manage risk, as false breakouts can occur. What’s your take? Bounce or breakdown? Share your thoughts!
The index formed a potential Tweezer Top on the daily chart, signaling a possible short-term reversal after an extended rally. RSI is also nearing the overbought zone, suggesting the market may be due for a mild correction or consolidation. On the fundamental side, rollover week and the upcoming Eid holidays are likely to trigger profit-taking, as investors look...
Pakistan State Oil (PSO) appears to be shifting its market structure after a prolonged correction. The most notable signal is that no new lower low was formed, and the previous lower high has been decisively broken, indicating a potential trend reversal. This breakout is backed by a significant rise in volume, suggesting that smart money might be entering the...
KSE100 is nearing the apex of a symmetrical triangle, indicating a potential breakout move in the coming sessions. A strong breakout above the key resistance zone of 116,000 could trigger a bullish rally toward the 126,000–127,000 range, provided 117,800–119,000 is sustained. Multiple bullish indicators are aligning — higher highs and higher lows formation, RSI...
D.G. Khan Cement (DGKC) is showing strong bullish momentum, breaking past key resistance levels. Currently trading around 126.68 PKR, the stock is hovering near a crucial breakout zone at 127 PKR. If it sustains above this level with volume, we could see further upside. However, a failure to hold could lead to a pullback towards key Fibonacci retracement...
OTCHEM appears to be forming a potential bullish reversal after finding strong support near 18.50-19.00. The stock is attempting to break out of its consolidation phase, with RSI stabilizing near 50, signaling a possible shift in momentum. A decisive move above 20.50-21.00 with strong volume could trigger a rally toward 23.50-24.00, making it a key breakout zone...
NETSOL Technologies Ltd. (PSX: NETSOL) is currently trading at 130.16 PKR, testing a critical support zone after a prolonged downtrend. The stock has been forming lower highs and lower lows, signaling persistent selling pressure. 📉 Technical Breakdown: RSI (14) at 22.92 – Deep in the oversold zone, indicating a possible short-term bounce. Price nearing a key...
If the KSE-100 index crosses 117,200, it signals a strong bullish breakout, potentially paving the way for further gains. On the downside, a break below 105,000 could confirm a bearish trend, leading to deeper corrections. Key levels to watch: 📉 Weekly Support: 110,600 – 112,200 📈 Weekly Resistance: 115,500 – 115,700 Traders should monitor volume and momentum...
MLCF is showing bullish strength on the higher timeframe, breaking its previous higher high and signaling trend continuation. If it holds above this breakout level, further upside towards is possible
CPHL has broken below a key lower high, signaling bearish momentum on the 1H timeframe. With increasing selling pressure and RSI at 24 (oversold), further downside is possible unless buyers step in. If support at holds, a short-term bounce could occur. However, failure to reclaim resistance may lead to further declines. Watching for confirmation before entering...
KAPCO is forming a bullish flag pattern, indicating a strong uptrend continuation. The stock is currently consolidating within the flag, and a break above 39.50 with strong volume would confirm the breakout, potentially leading to a rally towards 42-43. This level also marks a double top resistance, where some short-term rejection could be expected. However, if...