Faysal Bank Limited
Long

FABL – Healthy Retracement Before the Next Leg Up

146
[B]FABL Technical Analysis – Healthy Retracement Before the Next Leg Up[/B]

[I]Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk before entering any trade.[/I]

FABL is currently undergoing a [B]healthy retracement[/B] after its recent bullish move. The overall market structure remains [B]bullish[/B], and this pullback appears to be a normal correction rather than a trend reversal.

Instead of chasing the price, it is better to wait for the stock to revisit the proposed accumulation zone where the risk-to-reward becomes more favorable.

[B]Entry Zone (EP): 94 – 96[/B]
• This area offers a good opportunity to accumulate positions during the retracement.
• Wait for price to stabilize or show bullish price action before entering.
• Consider building the position gradually instead of buying all at once.

[B]Stop Loss (SL): 85[/B]
• Place the stop loss below the recent swing low to protect against a breakdown of the current bullish structure.

[B]Target (TP): 105[/B]
• This is the first major upside target and previous resistance area.
• Partial profit booking near this level is recommended while trailing the remaining position if momentum remains strong.

[B]Risk & Reward[/B]

Using an average entry of [B]95[/B]:
• [B]Risk to SL:[/B] ~10.53%
• [B]Potential Gain to TP:[/B] ~10.53%

[B]Trading Plan[/B]
• Wait patiently for price to enter the 94–96 accumulation zone.
• Enter only after confirmation or signs of buying strength.
• Maintain strict risk management with the stop loss at 85.
• Book profits near 105 or trail your stop if the stock breaks above resistance with strong volume.

[I]The best trades come from disciplined entries during pullbacks, not from chasing momentum. Let the market come to your levels and follow your trading plan with patience.[/I]

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