ANL is forming Bullish hidden DivergenceANL is forming Bullish hidden Divergence, with an ABCD Pattern.
A move may be expected upto Target.
ANL trade ideas
PSX - ANL - Long PositionTrend Has Reversed after
Weekly Bullish Divergence
Price ranged after breaking the previous LH/Resistance
Green candle closed above previous HH
Price can retest the Entry area.
Trade Plan:
Entry: C<P or 10,51 (can divide in two parts
SL: 6.37
TP: 17.29
ANL monthly timeframe positional tradeANL bottomed out at around 5.5.
Now, as the macroeconomic indicators are looking good for Pakistan, textile sector is picking up pace.
Possible positional trade for ANL.
Currently in a Consolidation Zone.ANL Closed at 8.06 (24-06-2025)
Currently in a Consolidation Zone.
6.90 - 7.0 seems to be an Important Support
Level.
Bullish Divergence on Bigger tf.
Immediate Resistance is around 10.50 & then
around 13 - 13.50
Currently in a consolidation zone.Currently in a consolidation zone.
Price is moving in a range of 5.5 - 10
Those who can accumulate, may do so in
the mentioned price zone.
Upside immediate targets can be around 13 at least.
Let the Resistance Cross & Sustain!Bullish Divergence on Weekly as well as Monthly TF.
Hidden Bullish Divergence on Daily TF.
Immediate Resistance is around 8.20 - 8.30
Important Resistance Zone 9.80 - 10.90
Crossing & Sustaining will expose 13 - 13.50 initially.
ANL can go upto 13ANL caught going for the completion of cup and handle pattern. If it breaks its long resistance it can easily reach 13 level. My 👀 on it
Bullish Divergence on Weekly as well as Monthly TF.Bullish Divergence on Weekly as well
as Monthly TF.
Bullish on Daily as well as Weekly TF.
Fresh Entry can be taken with a Stoploss of 7.90
(on closing basis).
Targets can be around 9.90 - 10 and then 11
PSX KSE 100 ANL IDEA FOR LONG TRADE1- Breakup of weekly Trend
2- Volume Increasing day by day
3- Fibonacci retracement also done
4- Hopefully it will get Target
ANLBuy Call # 116-ANL
Buy at CMP or around 9
Sell around 10
SL 8 (closing basis)
Note: This is for Fresh Entry; we are already in ANL from 8 rupees. 🙂
