Engro Holdings Limited :
Trading within an ascending parallel channel, indicating a medium-term bullish trend.
The recent bounce from the lower trendline (PKR 225–230) shows strong institutional buying activity — this area is considered an institutional buy zone.
As long as the price stays above this zone, the overall trend remains positive and accumulative.
Price Action
Current Price: PKR 237.55
Lower channel line near PKR 225 acted as strong support and institutional accumulation zone.
Immediate resistance: PKR 245–250; next strong resistance at PKR 261 (upper channel).
A breakout above PKR 250 could trigger continuation toward PKR 261
Support & Resistance Levels:
224–230 Institutional Buy Zone / Support Channel bottom + accumulation zone
245–250 Resistance Minor horizontal resistance
261 Major Resistance Upper channel & previous swing high
200 Major Support Next key level if channel breaks
Technical Outlook:
The price action confirms institutional accumulation near the 225–230 zone, aligning with technical support.
Momentum indicators support a bullish continuation if the price remains above this area.
Watch for confirmation above PKR 245–250 for the next upside leg.
Trading Plan (Technical View) :
Institutional Buy Zone: 225–230
Buy Range: 230–235
Target 1: 245
Target 2: 261
Stop Loss: Below 224
노트
The institutional buy zone around 225–230 looks solid — strong support and good risk-reward setup. Let’s master the markets together!액티브 트레이드
our both tp is hit now use trailing stop loss
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.