Cup & Handle FormationMUGHAL Analysis
Closed at 66.44 (24-06-2025)
Crossing & Sustaining 98 - 102 with Good
Volumes may result in further upside
towards 150+
However, it should not break 52 now.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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2.70 PKR
1.91 B PKR
91.76 B PKR
119.96 M
About Mughal Iron & Steel Industries Ltd
Sector
Industry
CEO
Khurram Javaid
Website
Headquarters
Lahore
Founded
1950
ISIN
PK0109901014
FIGI
BBG0083BZ256
Mughal Iron & Steel Industries Ltd. engages in the provision of manufacture and sale of mild steel products. It offers bars, beams, spring steels, carbon billets, and ferro chrome. It operates through the Ferrous and Non-Ferrous segments. The Ferrous segment comprises of long-rolled mild steel related products. The Non-Ferrous segment includes copper and related waste items. The company was founded in 1950 and is headquartered in Lahore, Pakistan.
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Mughal 📌 Step 1 – Entry Strategy
Primary Entry:** Around **70–72 PKR** (current breakout zone, minor pullback likely).
Aggressive Entry:** On breakout above **76–77 PKR** with strong volume (momentum trade).
📌 Step 2 – Stop Loss Placement
Conservative Stop:** Below **68 PKR** (invalidates wedge bre
MUGHAL – TECHNICAL BUY CALL (1H TF) | 16 AUG 2025 MUGHAL – TECHNICAL BUY CALL (1H TF) | 16 AUG 2025
The stock has been moving in a triangle formation (light purple) and recently reversed upward after touching a low of 63.5. Multiple bullish structures have formed, making it an optimum position for a new buy entry.
MUGHAL Share Buying StrategyMUGHAL Share Buying Strategy
Key Buying Zone:
📍 Buy between PKR 68 – 66
Note: if Monday open above 70 then buy don't wait for dip
Stop Loss:
🚫 Place stop loss at PKR 62
Targets:
🎯 Target 1: PKR 77
🎯 Target 2: PKR 81
Extended Strategy:
🔒 If price sustains above PKR 81, hold the position and apply
Mughal Steel – Multi-Timeframe Technical Analysis🔍 Mughal Steel – Multi-Timeframe Technical Analysis
I’ve been closely analyzing Mughal Steel, and the current structure across Yearly and Monthly timeframes is showing a strong bullish setup with significant upside potential. Here's a quick breakdown:
📅 Yearly Timeframe Insights:
Price has reacted
MUGHAL | Bullish RecoveryAccumulation Range @ 69.50-69.80
Target 1 @ 72.50-72.85
Target 2 @ 76.50-77.00
Target 3 @ 84.50-85.00
Stoploss @ 65.50
Beautiful ABCD pattern appearing on bigger tf.Beautiful ABCD pattern appearing on
bigger tf.
Crossing 101 - 102 with Good Volumes may
trigger new highs towards 120 atleast.
78 - 80 is an Immediate Resistance area.
On the flip side, a Very Strong Support is
around 68 - 70 & then around 62 - 63
MUGHAL - Following its ChannelBreakout may happen at 92 and we may see Mughal touching 130 (Channel top) once again. What happens if it breaks Channel top resistance this time? We'll see later :)
This is not a buy / sell call, just my own opinion.
LONG MUGHALLonged MUGHAL. Bought spot shares, no leverage. Resting above weekly support, broken down trend. Entry, Stop Loss and Exit all there. Will take a while to play out. Patience is always rewarded. Worth a punt!
Will update in due time.
Manage your risk! #DYOR
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MUGHAL is 82.41 PKR — it has increased by 2.79% in the past 24 hours. Watch Mughal Iron & Steel Industries Ltd stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange Mughal Iron & Steel Industries Ltd stocks are traded under the ticker MUGHAL.
MUGHAL stock has risen by 7.18% compared to the previous week, the month change is a 28.77% rise, over the last year Mughal Iron & Steel Industries Ltd has showed a −0.62% decrease.
We've gathered analysts' opinions on Mughal Iron & Steel Industries Ltd future price: according to them, MUGHAL price has a max estimate of 127.10 PKR and a min estimate of 110.00 PKR. Watch MUGHAL chart and read a more detailed Mughal Iron & Steel Industries Ltd stock forecast: see what analysts think of Mughal Iron & Steel Industries Ltd and suggest that you do with its stocks.
MUGHAL reached its all-time high on Feb 10, 2022 with the price of 110.64 PKR, and its all-time low was 13.99 PKR and was reached on Apr 16, 2015. View more price dynamics on MUGHAL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MUGHAL stock is 4.84% volatile and has beta coefficient of 1.31. Track Mughal Iron & Steel Industries Ltd stock price on the chart and check out the list of the most volatile stocks — is Mughal Iron & Steel Industries Ltd there?
Today Mughal Iron & Steel Industries Ltd has the market capitalization of 29.56 B, it has decreased by −0.03% over the last week.
Yes, you can track Mughal Iron & Steel Industries Ltd financials in yearly and quarterly reports right on TradingView.
Mughal Iron & Steel Industries Ltd is going to release the next earnings report on Dec 3, 2025. Keep track of upcoming events with our Earnings Calendar.
MUGHAL net income for the last quarter is 226.85 M PKR, while the quarter before that showed 210.30 M PKR of net income which accounts for 7.87% change. Track more Mughal Iron & Steel Industries Ltd financial stats to get the full picture.
Mughal Iron & Steel Industries Ltd dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 6.61% and 30.86% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Sep 11, 2025, the company has 2.22 K employees. See our rating of the largest employees — is Mughal Iron & Steel Industries Ltd on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Mughal Iron & Steel Industries Ltd EBITDA is 7.07 B PKR, and current EBITDA margin is 7.05%. See more stats in Mughal Iron & Steel Industries Ltd financial statements.
Like other stocks, MUGHAL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Mughal Iron & Steel Industries Ltd stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Mughal Iron & Steel Industries Ltd technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Mughal Iron & Steel Industries Ltd stock shows the strong buy signal. See more of Mughal Iron & Steel Industries Ltd technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.