BAHL continues to trade within a strong long-term uptrend, with the weekly chart maintaining a healthy higher-high and higher-low structure. The recent decline appears to be a normal pullback rather than a trend reversal, as price is retracing into a high-confluence support zone between 170.50–176.00 PKR. This area aligns with a Fair Value Gap (FVG), the 61.8% Fibonacci Golden Pocket, and nearby order block support, making it an attractive zone for buyers. The RSI remains around 55.5, showing that momentum has cooled without turning bearish.
A buying approach near 175.00 PKR offers a favorable risk-to-reward setup, with a stop loss below 169.50 PKR. If the support zone holds, BAHL has the potential to move toward 192.00 PKR as the first target, followed by 204.74 PKR, while a continuation of the broader uptrend could eventually retest the all-time high near 230.00 PKR. With multiple technical confluences supporting the setup, BAHL carries 8/10 confidence and an estimated 70% probability, making it an attractive swing trading opportunity.
A buying approach near 175.00 PKR offers a favorable risk-to-reward setup, with a stop loss below 169.50 PKR. If the support zone holds, BAHL has the potential to move toward 192.00 PKR as the first target, followed by 204.74 PKR, while a continuation of the broader uptrend could eventually retest the all-time high near 230.00 PKR. With multiple technical confluences supporting the setup, BAHL carries 8/10 confidence and an estimated 70% probability, making it an attractive swing trading opportunity.
⚠️ Disclaimer:
This analysis is for educational purposes only and is not financial advice.
This analysis is for educational purposes only and is not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
⚠️ Disclaimer:
This analysis is for educational purposes only and is not financial advice.
This analysis is for educational purposes only and is not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.