CPHL trade ideas
Bullish on All time frames.CPHL Analysis
CMO 93.98 (02-09-2025 02:50PM)
Bullish on All time frames.
Near Important Resistance 95 - 98.
Crossing & Sustaining this level may lead it
towards 105 - 110.
Upside targets (if 110 is Crossed iwth Huge Volumes)
can be around 140 - 150.
On the flip side, 93 & then 83 are 2 Important
Support levels.
CITI PHARMA - PSX2nd Breakout attempt of Diagnol Resistance Trendline got rejected.
Rejection Zone is also an inverter Fair Value Gap from the last Sell.
Bearish Divergence is Flashing on Chaikin Money Flow indicator.
Formed a Bearish Spinning Top Candle on the 4 hour chart. With 20m Distribution Volume. Which is 4x of average trade volume on the 4 hour time frame.
If bullish momentum continues, and price breaksout, then a hefty Selling Order Block awaits at 105 to 109 (All Time High).
As per Volume Profile PoC at 88
81 to 84 is a strong Bullish Support Zone.
60 and 75 areas are the deeper support zones for long term DCA investors.
City Pharma LimitedStrength
1)According to dow theory city pharma limited is following uptrend and never break recent lower high.
2)Creating clean AB:CD pattern on daily and weekly time frame.
3) Completed 50 to 60% retracement on daily and weekly time frame and it looks good for uptrend from current price level.
Weakness
1) Price level of 92 to 93 showing rejection if it sustain above this price then we can expect good uptrend
Recently made LL on Shorter TF, but..Recently made LL on Shorter TF,
but also it is a Support level with Double Bottom.
Hidden Bullish Divergence on Daily TF.
Immediate Support lies around 86 - 89
& Immediate Resistance is around 91 - 92.
Sustaining 91 - 92 on Weekly TF, would
lead it towards 98 - 99.
Ultimate Target (if 109-110) is Sustained,
is around 128 - 130.
Should not break 81 now.
CPHL Analysis Stock Analysis By : Ali Safwan
On : 06 March 2025
Price Action & Trend
Stock is in a correction phase, with retracement from highs.
Weekly Support Strength trendline is still intact, but the price is testing it.
If price breaks below this trendline, further downside correction can happen.
Consolidation Zone
The gray area (~63.90 - 74.60 PKR) shows past consolidation.
If the price drops further, this area could act as a demand zone.
Volume & Momentum
Volume has declined compared to the earlier rally.
Momentum is weakening, but price is near key support.
CITI PHARMA-Sideways Trend for 22% & 35% gainShort-Term Outlook: The stock is bearish, as indicated by the RSI, Klinger Oscillator, and price action near support levels.
Potential Entry Points: If the RSI starts climbing above 35-40, and the price holds support at 85.60 or 80.01, it could present a buying opportunity.
Risk Factor: If the price breaks below 80.01, expect further downside towards 72.04 or lower.
Confirmation Needed: Look for increased volume and positive oscillator movement before making bullish trades.
Buy-1: 80
Buy-2: 76
Buy-3: 72
CPHL Breakdown – Bearish Trend Confirmation?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 a trade.
What’s your outlook? Drop your thoughts below! 📉🔥
CPHL | Trade SetupCPHL is currently in an overbought zone, and profit-taking is advised at higher levels. The price action has surpassed its previous high of 101, reaching a new peak of 109.30. The previous resistance at 101 now serves as a support level, and a long position may be considered once support is firmly established around this level. The next potential target for the upcoming impulse move is approximately 118. To manage risk effectively, a stop-loss should be placed below 92.50. This swing trade setup anticipates a potential gain of 16.83%.