TRG testing monthly support around 66. If bearish volume sustains on support then pull back occur other wise it can break support. 84 and 40 are resistance and support level respectively
4008 making bullish divergence in monthly time frame. Can be considered.
*DFML* is in an uptrend after pull back from trend line & 50% retracement & gives closing above support level at 15.50. Previous resistance lies at 16.41 Entry: 15.50 Target: 17 Stop Level: 14.75
2190 is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from the chart. Currently the price is above trend line and touching to the inclining trendline around 21.50 ( considered for long position) and again it is being expected that the...
Saudi Telecom limited is currently testing trend line and RSI pulled back from 30 level. Can be considered for a long position with stop loss below 35 (break of trend line)
The current pattern suggests that the stock is in a down trend, making lower lows and lower highs, notable support is around 24. If selling pressure minimize and sustains the support level, pull back is expected.
Price pulled back from support lies around 38.50 if this level sustains then it can retest it's resistance around 46
Price action is currently testing at support level. If this level sustains it can retest resistance level.
Price action is making bearish flag pattern, break of the flag can test 70 level which is the mojor demand area.
OGDC: On the hourly time frame, a key support level is identified at 99.50. Consider entering a long position if the price remains above this level, but be cautious if it drops below, as it may signal further downward movement.
The Tadawul All Shares Index, or TASI, is currently trading around 10,408. The current pattern suggests that the index is in a down trend, making lower lows and lower highs, notable support is around 9,950. If selling pressure minimize and sustains the support level, pull back is expected.
GAL is in an uptrend after pull back from 50% retracement from the impulse of 37.73 to 52.49 and currently trading above 38.2% that is 46.85 which acts as support. First and second resistance are at 52.49 and 56.50, respectively.
AICL Price pulled back from 50% retracement and currently above at 38.2% supporting at 28.60. If price breaks resistance of 33.50 then price will challenged second resistance of 34.99.
*HTL* is following ABCD pattern, can be considered at current price (25) for the target of 30.
The KSE 100 Index gained 339 points and gave closing at 51,070 with a high of 51,419. Index can test resistance of 53,127 with a support of 49,400. Furthermore, RSI is above 72 level which shows market is over-bought and MACD shows bearish signal.
After the break out of parallel channel, ENGRO is targeting towards 300 with the stop loss below 265.
SHEL is trading in bullish pennant pattern and maintaining well the bullish trend line. Which can be seen from the chart. Currently, the price is retracing to the inclining trend line and again pull back is expected to test previous resistance of 168 with the stop loss below 156.
ETHUSDT is trading in fine bullish trend and maintaining well the bullish trendline. Whenever the price retest the bullish trendline buyers are attacking aggressively, which can be seen from the chart. Currently the price is retracing to the inclining trendline and again it is being expected that the bulls are ready to attack. if bulls take the charge this time...