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
—
Report period
—
EPS estimate
—
Revenue estimate
—
2.48 PKR
854.21 M PKR
88.98 B PKR
119.96 M
About Mughal Iron & Steel Industries Ltd
Sector
Industry
CEO
Khurram Javaid
Website
Headquarters
Lahore
Founded
1950
ISIN
PK0109901022
FIGI
BBG01VKRLKF4
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.
Related stocks
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.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
The current price of MUGHALC is 44.06 PKR — it hasn't changed in the past 24 hours. Watch Mughal Iron & Steel Industries Ltd. Class C 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. Class C stocks are traded under the ticker MUGHALC.
MUGHALC stock has fallen by −2.63% compared to the previous week, the month change is a 10.15% rise, over the last year Mughal Iron & Steel Industries Ltd. Class C has showed a −19.08% decrease.
MUGHALC reached its all-time high on Jun 18, 2025 with the price of 54.45 PKR, and its all-time low was 37.50 PKR and was reached on Aug 8, 2025. View more price dynamics on MUGHALC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MUGHALC stock is 2.32% volatile and has beta coefficient of 1.30. Track Mughal Iron & Steel Industries Ltd. Class C stock price on the chart and check out the list of the most volatile stocks — is Mughal Iron & Steel Industries Ltd. Class C there?
Today Mughal Iron & Steel Industries Ltd. Class C has the market capitalization of 31.92 B, it has decreased by −2.65% over the last week.
Yes, you can track Mughal Iron & Steel Industries Ltd. Class C financials in yearly and quarterly reports right on TradingView.
Mughal Iron & Steel Industries Ltd. Class C is going to release the next earnings report on Dec 3, 2025. Keep track of upcoming events with our Earnings Calendar.
MUGHALC net income for the last quarter is 440.66 M PKR, while the quarter before that showed 226.85 M PKR of net income which accounts for 94.25% change. Track more Mughal Iron & Steel Industries Ltd. Class C financial stats to get the full picture.
No, MUGHALC doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Oct 7, 2025, the company has 2.09 K employees. See our rating of the largest employees — is Mughal Iron & Steel Industries Ltd. Class C on this list?
Like other stocks, MUGHALC 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. Class C stock right from TradingView charts — choose your broker and connect to your account.