SEARL trade ideas

umer_qadeer

Stock is showing double top bearish pattern confluencing with bearish divergence on daily time frame.Also yesterdays bearish engulfing candle supports bearish bias. Could be a very good short entry with stoploss above recent high and targets should be the last HL.

SignalEdge Updated 

We can attempt to buy SEARL from specified level as 0.5 FIB also intact , also there is no bearish divergence at current levels. SL , TP mention in chart.

House-of-Technicals

However, a Bullish Divergence on Weekly as well as Monthly TF is a Positive Sign On the flip side, it may take Support from 53 then 49. Weekly Closing above 53 may trigger Positivity

shahrukhshafiq

In this chart we have observed a Bullish flag formation on one hour time frame and we place entry, SL & TP accordingly. No Divergence spotted.

prokhalidraza

Price is forming an inverted head & shoulder pattern showing bullish momentum, also supporting the line.

Azeem208

This Chart shows a Bearish trend as its printing Lower Highs and lower lows

mbaberhanif

The current price action demonstrates movement within a parallel channel. A breakout from this channel is indicative of a potential further upward trajectory. Initial resistance is observed around the 60 level, with secondary resistance at approximately 64. To manage risk, it is advisable to employ a stop loss strategy, with stop orders placed below the 50 mark.

Fahad-Rafique

SEARL was in a declining phase, after bullish divergence appeared on the top, however it has broken the series of lower highs and lower lows by printing a higher low and higher high. This could mark the beginning of a bullish rally, targets are mentioned on the chart.

Munawaz

SEARL has given the breakout of trendline and higher high. Also stock actively part of Top Volume leader list. which reflect the positive trend in the stock to break the recent high value in last rally. Buy Entry: 55 Stop Loss: 49.50 TP1: 60 TP2:65

SignalEdge Updated 

SEARL Buy from specified level (also 0.5 FIB , trendline support intact) SL , TP mention in chart

House-of-Technicals

Bullish Divergence on Weekly, Daily, & Hourly TF Morning Star Formation on 4H TF

House-of-Technicals Updated 

Buy1: around 48.50 - 49.55 | TP1 around 51.50-52 Buy2: around 45.30 - 46.40 | TP2 around 48 then 50 Stoploss 42 (closing basis)

Fahad-Rafique

SEARL is currently bearish as it made a bearish RSI divergence on daily time-frame, and it was further validated by the formation of first lower high and lower low. If it breaks the previous lower low, it would further move downwards to new lows. Hence, be cautious!!!

Munawaz

SEARL trend changed after the Bearish divergence and double confirmed after the breakout of last LH. Buy: SEARL Entry:58.50 (CMP) StopLoss:53.50 TP1:63.50 TP2:68.50

House-of-Technicals

Bullish on Weekly TF Buy1: around 56 - 57 Buy2: around 52 - 53 TP1: around 60 TP2: around 63 Stoploss 48 (closing basis)

asim1

After changing direction now in correction mode. The medium term target is around 135 on the resistance level of channel.

TradeTrio

Searl Pharma Searl is an excellent choice for a long-term investment (1 to 2 years timeframe). It has recently broken its downward trend and moved to establish its first high. We anticipate this momentum to persist for a while, and the upside appears promising for long-term holders. A strict stop-loss should be used below 47 for any long position.

House-of-Technicals

Buy Call # *135-SEARL* Date : 14-12-2023 *Plan 1* Buy around 58.50 Sell around 62 - 64 SL 54 (closing basis) *Plan 2* Buy Above 64.50 TP1 : 67 TP2 : 70 TP3 : 74 SL : 54 (closing basis)