Inverse H & S pattern appearing..Currently at Resistance around 24.50
Inverse H & S pattern.
Sustaining this level may reach towards 25.50 & 26.70
It should not break 18.50; otherwise we may see trend
reversal.
Bullish Divergence appeared on bigger tf.Bullish Divergence appeared on bigger tf.
Sustaining 33 on monthly basis would be
a positive sign.
36 is the Breakout level.
Immediate targes can be around 43 - 45
If 32 is not sustained on Monthly basis,
we may see further selling pressure towards
25 - 27
Breakout
Crossed the Valid Resistance around 159-162
Potential target is 220+
However mid resistances are there also.
FCEPL LONG TRADEFCEPL is in re-accumulation phase of Wyckoff method with HL, HH and Spring happened successfully recently, it is expected to test and breakout of re-accumulation phase
BUY FCEPL 78-82
TP1 88
TP2 98
SL 72
NBP LONG TRADE NBP completed its re-accumulation phase between 73 and 83 and then broke out. It has given a healthy pullback with lower volumes and is now ready to take off to test and even exceed recent highs
Buy NBP 76-80
TP1 83.2
TP2 86.4
TP3 91
SL 72.2
PSO SHORT TRADEPSO's rally today was just a pullback in its continued downtrend.
Its sharp decline in previous days have caused bearish breaker block around 340 level
SHORT PSO 338-342
TP 296
SL 351
DGKC SHORT TRADEDGKC has recently completed 5 Waves of Uptrend in a channel, it's last upward wave gave SOT ( Shortening of Thrust ) and also Up thrust or bull trap
It is currently going through corrective wave ABC, downward TP for which is around 116
Short DGKC 132-132
TP 116
SL 135
AGL SHORT TRADEAGL is in downward channel since Mid April. It has given healthy pullback in previous few days and currently it's at top of channel, optimum place to short it.
SHORT AGL 54-52
TP 47
SL 56
KOSM SHORT TRADEToday's rally by KOSM is just a healthy pullback in its downtrend, it is expected to continue its downward momentum till nearest support and breaker block at 4.80
SHORT KOSM 5.4 - 5.6
TP 4.8
SL 5.71
SAZEW QUICK SHORT TRADESAZEW has made famous THREE LITTLE INDIANS OR THREE SYMMETRICAL PEAKS PATTERN which shows immediate bearish behavior
SHORT SAZEW 1320-1340
TP1 1260
TP2 1205
SL 1361
HUBC SHORT TRADEHUBC has completed its TOPPING FORMATION and has broken down with shifting of heavier volumes on bearish side as shown by Weis Wave Volumes
SHORT HUBC 127-135
TP 111
SL 141
POWER SHORT TRADEPOWER went through Buying Climax on previous Up Leg with 144M, latest Up Leg has drastically lower volumes 55M , conversely volumes on Down Leg have increased. Power has gone through Shortening of Thrust and also Up thrust or Bull Trap as per Wyckoff Methodology, it is expected to embark on major downtrend with immediate target 12.10
SHORT POWER 14.3 - 14.6
TP 12.1
SL 15.35
BOP SHORT TRADEBOP is continuing on its downward path, it tested its recent breakdown level today, volumes on downside also confirm the scenario
SHORT BOP 9.8-10.2
TP1 8.8
TP2 8.1
SL 10.6
NBP QUICK SHORT TRADENBP has made famous Three Little Indians or Three Symmetrical Peaks Pattern.
It shows short term downward trend, Weis Volumes also suggest behavior
SHORT NBP 84-86
TP 80
SL 87
OGDC SHORT TRADEODGC is continuing on its bearish trajectory, it tested its recent breakdown level today around 208
SHORT OGDC 202-206
TP 194
SL 209
PSO SHORT TRADEPSO is continuing its bearish behavior since many weeks. It re-tested its current breakdown level around 366-370
It is expected to continue its downward trajectory till next support and channel bottom
SHORT PSO 360-370
TP1 335
TP2 325
SL 382
CSAP LONG TRADEAfter its six month long accumulation range, CSAP is pulling back since several days.
It is expected to rebound from recently created buyside Breaker Block
BUY 118
TP 159
SL 104
FFL SHORT TRADEFFL has broken down its major support with heavy volumes as shown by waves and their volumes.
SHORT FFL @ CP and 14.40
TP1 12.35
TP2 11.65
SL 15.1
POL - PSX - Buy IdeaPOL 4H chart shows a potential bullish setup, with divergence between price and RSI. Price is retesting the breakout zone around 530. Look for Buy with SL below 490 and take profit at 640. RSI holding above 50 also shows bullish momentum.
HUMNL SHORT TRADEHUMNL gave Shortening of Thrush and a Lower High in Dec 2024 and Jan 2025.
It has now broken out of its Upward Channel
Short Sell HUMNL 12-12.7
TP1 10.5
TP2 9.5
SL 13.8
GAL SHORT TRADEGAL has recently broken down its upward Trendline and posted a Lower Highafter giving Shortening of Thrust
Short Sell GAL 470-490
TP 422
SL 510
AVN SHORT TRADEAVN has recently broken its uptrend and also made Bearish Breaker Block which will act s resistance and further downfall
Short Sell AVN 47-51
TP1 43
TP2 37
SL 56
