SARC:- BULLS ARE READY TO RESUME THE JOURNEYScript has printed a new HIGHER LOW with a hidden bullish divergence. On wednesday and thursday two indecision candles followed by a healthy bullish candle. If we look at volumes a long green bar is screaming the volume breakout, which was dried up during the entire retracement period.
RSI, apart from hidden divergence, returning from 40 which is a bullish indicator and crossing up its moving average (yellow line) aggresively.
Trade plan has been marked on the chart. Disciplined trading and du
ENGRO FERTILIZERS — 157 SUPPORT ZONE TO 280 UPSIDE EXPANSIONEngro Fertilizers Limited is currently showing an interesting buy-side opportunity, but the expected move is likely to develop in two distinct phases rather than through an immediate straight-line advance.
The current analysis indicates that price may initially experience another downside move toward the 157 region. This decline is viewed as a corrective phase within the broader setup, where price could potentially establish a stronger base before the next substantial expansion.
The 157 area i
ENGRO HOLDINGS LIMITED — 327 REJECTION ZONE | SELLING TARGET 175Engro Holdings Limited is currently presenting a potential sell-side setup, with the broader price structure suggesting that the market may first extend higher before entering a significant distribution and selling phase.
The immediate focus is on the 327 area, which is identified as the projected upside zone before the anticipated reversal. The expectation is that price may continue its upward movement toward 327, where selling pressure could begin to emerge and shift the market into a bearish
MCB — POST-CORRECTION RECOVERY SETUP | UPSIDE TARGET 666MCB is currently presenting a favorable buy-side opportunity following the recent dip in price. The decline appears to have functioned as a corrective retracement rather than a structural breakdown, allowing the market to reset before attempting another advance.
The latest price behavior is indicating renewed positive momentum, with the stock showing the potential to resume its upward trajectory.
From the current technical perspective, the recent weakness can be interpreted as a healthy market
HBL — Retracement Complete, Bullish Move Toward 550HBL has recently taken a healthy retracement after its previous upside movement, allowing the market to absorb selling pressure and establish a stronger base for the next potential move.
The current price action is again showing bullish characteristics, with buyers stepping back into the market and attempting to regain control. From a technical perspective, this retracement can be viewed as a corrective phase rather than an immediate reversal, provided the key support structure continues to hol
ANL: In Long-term Correction_Better to AvoidANL (10.06)
22-08-2026
ANL completed its Elliott Wave structure on MTF in Mar/2021around 39. Since then it is in ABC correction. It completed its wave-5 with wave-1 extension pattern. In Oct/2021 (five years ago), it broke (downward) level of 16 and violated a critical EW rule given by Frost & Ptetchter and Glenn Neeli in their books. This violation converted the whole bullish 5th-wave into years-long bearish structure.
Presently, it is forming final downward leg of C-wave and trading near its
LUCK CEMENT — BULLISH MOMENTUM BUILDING | TARGET 800Lucky Cement is currently presenting a constructive buy-side technical setup, with price action indicating improving bullish participation and the potential for further upside continuation.
The current structure suggests that buyers are gradually strengthening their position, while the market remains supported above key demand areas. If this bullish structure remains intact and buyers continue to defend the lower levels, LUCK can potentially extend its upside move toward the 800 level.
The 800
PPL — 301 FINAL TARGET | MULTI-STAGE BUYING SETUPPakistan Petroleum Limited is developing an interesting bullish price structure, with the chart suggesting a multi-stage upside path rather than a straight-line move.
The immediate objective is 278, where price may encounter a reaction and enter a corrective phase. From that area, a retracement toward 231 could provide the next important zone for reassessment and renewed buying interest.
If the broader structure remains intact and buyers regain control after the projected retracement, the majo
FAUJI FERTILIZER — 840 TARGET | BULLISH BUYING OUTLOOKFauji Fertilizer is presenting a strong upside opportunity, with the recent price behavior indicating sustained demand and improving buyer participation. The stock is holding its positive structure, while momentum continues to favor the upside.
The current setup suggests that the market has room to extend higher if buyers continue to absorb selling pressure and maintain control above the important support areas. Based on the present price structure, 840 remains the projected upside target.
The
MEEZAN BANK — 661 TARGET | SWING BUYING SETUPMeezan Bank is showing a constructive bullish structure, with price action supporting a continued buying-side outlook. The stock is maintaining positive momentum, while buyers appear to be defending the current structure and keeping the upside bias intact.
From a technical perspective, the setup remains favorable for a swing move as long as the bullish structure continues to hold. Sustained buying pressure and a clean continuation of the current momentum could drive price toward the 661 target
SERVICE INDUSTRIES LTD — 2,900 TARGETService Industries Limited is showing a constructive bullish structure, with the current price action supporting a swing-buying outlook. Buyers appear to be defending the structure effectively, keeping the stock positioned for further upside.
The key level to watch is 2,900. A decisive breakout and sustained hold above this zone could open the way for the next bullish leg, while maintaining the broader swing structure remains important.
This setup is based on price action, market structure and
MARI ENERGIES — SWING BUY SETUP | TARGET 832Mari Energies Limited is showing a constructive bullish setup, with the current price structure supporting a potential swing move toward the 832 level. The analysis indicates that buyers are maintaining a favorable position, while the broader structure continues to support further upside potential.
From a fundamental perspective, Mari Energies remains an important player in Pakistan’s energy sector, with its performance influenced by domestic energy demand, exploration and production activity,
UBL — BULLISH TARGETS: 534 → 580United Bank Limited (UBL) is currently showing a constructive bullish structure, with the broader price action favoring further upside potential. The current setup suggests that buyers may continue to maintain control as long as the market holds its supportive structure and buying interest remains active around key levels.
From a broader fundamental perspective, UBL remains one of the prominent banking names within the Pakistan Stock Exchange, with its performance influenced by the overall bank
OGDC: 335 FIRST — THEN 315OGDC is currently showing a structure that favors an initial move higher before a potential bearish reaction develops. The primary expectation is for price to advance toward the 335 area, where the market may encounter stronger selling pressure and begin a corrective move lower.
If price reaches the projected 335 zone and confirms rejection, the next downside objective comes into focus around 315. This creates a clear two-phase trade idea: allow the bullish move to develop first, then monitor t
PSX:NCPLIn the broader context, KSE100 index is around 182,000 and NCPL is around 62 Rs.
NCPL is showing a downward trend since last few months. If it does not find resistance around 59 Rs. one can expect a sizable downward move.
Worth keeping an eye on this stock.
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ATRL: Long-term Top posted? Bearish Trend Started?ATRL (cmp=1064.03)
19-08-2026
ATRL hit the same target of 1194 as predicted on 14-07-2026. It topped out from 1199.
Now, it has completed its Elliott Wave Cycle with 5th-wave extension. The final wave formed TIP structure whose completion point (1194) triggered a quick fall. Under Ellliott wave rules, it is high probability that it has posted its long-term Top at 1199 (actual level was 1220). It has now started deep and prolonged ABC correction. It is forming downward wave-A whose minimum tar
KOHTM: Bearish trend is about to start?KOHTM (114.23)
19-08-2026
KOHTM started its Elliott Wave cycle in July/2011 from around 0.96. It formed turn-cated Zig-Zag in wave-4 that triggered the 17 week-long tremendous 5th-wave extension completing around 210 with 425% hefty gains from 40. Its wave-5 completed with wave-1 extension. Since then, it is in ABC correction. It has already completed its structural correction around 110 which is the level of subwave-2 of 5th-wave and may be treated as life-line support. Principally, it should n
SAZEW Technical Analysis: Bullish Setup in PlaySAZEW (Sazgar Engineering Works Limited)
Price is trading at a long-term weekly trendline support, with RSI currently around 20, indicating oversold conditions. Price can still move lower toward the gap, where Buy 2 is positioned for a better average.
The stop loss is placed below strong horizontal support on a closing basis. TP3 is aligned with the all-time high.
Fundamentally, SAZEW remains a strong company with a growing automobile business, manufacturing four-wheelers, three-wheelers and
CHCCTwo scenarios
Bullish: If CHCC holds 300–305 and produces a strong 4H bullish rejection, I would expect 325 → 335/340 → 348/350. A confirmed 4H close above 350 would be a major development and could open 360, followed by 375–380.
Bearish: A decisive 4H close below 299, especially followed by a failed retest of 300, would damage the current structure. Then 290–292 becomes important; below that, the probability of a deeper correction toward 275–280 and eventually 260 rises.























