On weekly chart the security has breached the wedge & sustained over SMA 200. RSI is in bullish zone. All these are the signs of hyper move so take position accordingly. TP & Stop Loss has been marked on chart for quick reference. Have Profitable trading
After touching the high of 97.50 in the recent days the stock retraced back to the level of 75. The stock is in consolidation and it is expected to crossover swing high of 86. When it closed above we may initiate a long position with the target of 128 & beyond Wishing you Profitable Trading
After making steady journey to north from mid of September 2023 to mid of December2023 the script has been sideways. On Friday the security closed with a healthy bullish candle . Simultaneously the RSI has also shown a positive sign by closing above its Moving Average. It suggests to go long when price close above 550. The harmonic ABCD pattern target is...
After making steady journey to north the script has been sideways or retracement. On Friday the security closed above the recent trend line, which was limiting its movement. Simultaneously the RSI has also shown a positive sign by closing above its Moving Average. It is suggested to go longe when price close above 76.10. The harmonic pattern target is 94.
After posting hefty gains the script has been sideways or retracement. On last working day the security closed above the recent trend line, which was limiting its movement. Simultaneously the RSI has also shown a positive sign by closing above its Moving Average. So risk takers can buy immediately whereas those who prefer cautious approach can buy when the price...
The pair has been moving upward in parallel channels. On RSI the bearish divergence has appeared making a strong case for short sell. Triger price, along with TP & SL has been marked on the chart for ready reference. wishing you profitable trading
NAS100USD is showing signs of weakness on hourly chart. RSI is having divergence which shows the bears are getting stronger. So let's use this information to our favour and short sell it. Trading plan has been presented for ready reference.
The start of October was the start of bullish rally in the Gold. But if we look at monthly charts the RSI has posted a bearish divergence which indicates the exhaustion of the bulls. This is also evident on the daily bars from 4th December 2023 onwards. This is further elaborated by the "Change of Character Line". Keeping in mind this a short sell plan has been...
EURUSD is printing a range bound activity on the chart. The RSI suggest that it shall breakout in bulls favour. Keeping in mind this a trade plan is presented here. Account 10k Risk Reward 1:1 & 1:2 Lot 0.46 SL 1.092 TP 1 1.09640 TP 2 1.09860 Entry Price 1.09419
TPL has printed a Cup & Handle pattern and a breakout of the pattern has already occurred. So immediate position or buy on dip both the techniques can be adopted. TP & SL has been identified on the chart.
After gaining a sharp increase in price the script is forming a flag pattern. Which is bullish sign. it is suggested that a position at breakout shall be profitable. Price targets and stop loss levels have been marked on the chart for convenience.
PKGP posted ever high in the month of August 23. It distributed a hefty Dividend and consequently the price came down. From that down price it has come up to recent price level. The current price pattern, rising triangle, suggest the price shall breakout is very soon. TPs and SL has been marked on the chart hope we all profit from this opportunity
MODAM has been in downtrend for long time. Now it has started posting HHs & HLs. Those who love to get Bottom price this is a good opportunity to initiate a trade. For entry, TP and Stop Loss levels pl refer to the chart.
FFL is in bull run and posting HH . Recently it has posted new higher high, indicating bullish momentum. We should capitalize on this opportunity and may take entry in the trade. with the help of hourly chart a smart entry level has been marked on the chart. for ready reference SL & TP levels have been identified on the chart.
Bawany Air Products Ltd. has been posting HH & HLs this shows the bulls are strong. Hourly Charts confirms the retracement is over. Take Profits levels has been marked on the charts. Pl take good care of Stop Loss as it is vital for survival in volatile markets.
WTL is a technology company at Pakistan Stock Exchange. Over the period of one year the company has printed the soucer bottom. From Oct. 23 to date the script has been posting HH and HL.. This brings the conclusion that that accumulation phase is about to be over. Closing above 1.90 shall commence the breakout phase. This trade may span over weeks. Support level...
GCIL staged a very healthy bull run. After some pause the bulls are taking control of the events. So join them Trade Plan SL 10.00 TP 1 14.78 TP 2 Entry Price 11.25
On 3rd of November it was pointed out that script is gaining strength subsequently it hit all its targets. now after retracement it has started showing the signs of vitality. This time the plan has been prepared in 2hrs time frame. Risk and reward ratio is very good. Entry levels are more than one. 1. Current level is for aggressive traders. 2. Suggested level...