ZAL trade ideas
Zarea Limited – Bullish Flag Breakout | Target 38.73Zarea Limited is forming a bullish flag pattern after a strong rally. Price has broken out of consolidation, suggesting continuation toward the next target.
📊 Pattern: Bullish Flag
🔑 Breakout Zone: Around 29–30 PKR
🎯 Target Projection: 38.73 PKR
🛡️ Stop Loss Idea: Below flag support (~26 PKR)
If momentum continues, the measured move indicates upside potential toward the 38.7 level.
⚠️ Not financial advice. Do your own research & manage risk.
ZAL Trade Plan – Strong Fundamentals & High Growth PotentialCompany Overview:
ZAL is fundamentally one of the strongest companies in the market, showcasing impressive growth driven by increasing sales and expanding profit margins. The company is actively scaling its operations, which sets the stage for even greater future earnings. Given its solid financials and business expansion, ZAL holds significant potential for capital appreciation.
Growth Outlook:
With a strong earnings trajectory and business development initiatives, the stock price has the potential to generate gains of 40–70%, depending on the size of the upcoming rally.
✅ Trade Setup
Entry Options:
Breakout Entry: Buy on a confirmed breakout with closing above Rs. 17
Dip Entry: Buy between Rs. 15.20 – 14.50 (ideal accumulation zone) , CZ it will form the right Shoulder of Head and shoulder Pattern
Risk Management:
Stop-Loss: Rs. 13 (to manage downside risk)
Take-Profit Levels:
TP1: Rs. 16.50
TP2: Rs. 19.00
TP3: Rs. 22.00
TP4: Rs. 24.00
📌 Note: Follow proper risk management and position sizing based on your portfolio. Monitor price action and volume closely around the breakout level for confirmation.