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PRL - PSX - Weekly Technical AnalysisOn weekly TF, since Feb 2022 PRL is making HHs and HLs. Regression Channel (RC) has been drawn with Upper Standard deviation set at 3 and Lower Standard deviation set at 2. In RC, central dashed line is most frequently visited by the price action. In addition, a weekly trend line (blue) has also been drawn. It is observed that price action respects trend line for taking support by it. Anyway, PRL seems to be continuing its upward movement in the channel. However, its delayed payments by Govt for the last 2 years is major concern. If somehow, this aspect is improved then this SCRIPT can perform much better. In upcoming major military exercises of India may also trigger Risk Off scenario where Oil & Refinery Sector can get a boost as well. KVO suggest that this SCRIPT is about to go up. No divergence on RSI so trend should continue. Trade Values: Buy-1: 35.68 (CMP) Buy-2: 31.31 SL: 28.19 TP-1: 44.44 TP-2: 51.35
PSX:PRLLong
by Golden_Spur
PRL – TECH BUY CALL | 15M | 11 OCT 2025 | By The Chart AlchemistPRL – TECH BUY CALL | 15M | 11 OCT 2025 | By The Chart Alchemist After achieving a high of Rs. 40.9, the stock entered a pullback phase within a bearish channel (marked light pink) and later broke out, reaching Rs. 38.5. Following another short-term pullback, PRL now appears ready to resume its upward movement within the intraday structure. 📢 Technical Analysis by Mushtaque Muhammad (The Chart Alchemist).
PSX:PRL
by THE-CHART-ALCHEMIST
PRL ANALYSISThough PRL is trending in uptrend channel(yellow) in higher timeframe, presently it is in its down leg(pink channel), it has taken support from an important level of 22, it seems going towards higher end of Yellow channel or measured move after breakout from pink channel but there seem two main hurdles in this scenario, biggest is Bearish Breaker Block at 33 and others is still smaller volumes in its current rise from 22. If PRL gets rejected from 33 then its downside target will be 20. But on a brighter side if it manages to breakout from pink channel at 35 with heavy volumes only then can it go to target of measured move to 46 and yellow channel top 49 Conclusion: Don't buy at current levels before breakout at 35. In case of previous buying apply SL in case of rejection at 33
PSX:PRL
by THE-CHART-ALCHEMIST
No Bearish Divergence on Monthly Tf.No Bearish Divergence on Monthly Tf. But 39-40 is a Very Strong Resistance that needs to Cross & Sustain with Good Volumes to reach 45 - 46 & then 50+ We should not ignore that it has taken Support from a Very Important Fib level around 32.40 Monthly Closing above 33.60 would be a Very Healthy sign. So any dip towards 32.50 - 33.50 can be a Buying Opportunity. However, it should not break 31.80 otherwise we may witness further Selling Pressure towards 28.50 - 28.70
PSX:PRL
by House-of-Technicals
Bullish on Monthly TF but..Bullish on Monthly TF. No Bearish Divergence on Monthly Tf. But 40 - 40.20 is a Very Strong Resistance that needs to Cross & Sustain with Good Volumes to reach 45 - 46 & then 50+ We should not ignore that it has taken Support from a Very Important Fib level around 32.40 Monthly Closing above 33.60 would be a Very Healthy sign. So any dip towards 36.50 - 37.50 & then 34.50 - 35.50 can be a Buying Opportunity. However, it should not break 31.80 otherwise we may witness further Selling Pressure towards 28.50 - 28.70
PSX:PRL
by House-of-Technicals