Rising Wedge PatternPSO Analysis
Closed at 366.51 (29-04-2026)
Rising Wedge Pattern along with
Bearish Divergence dragged the price down.
Immediate Support is around 350 - 355;
However, Rising Wedge Target is around 290 - 305
Breaking 288 may drop the price towards 255 - 257.
It will resume its uptrend once it will cross 505 - 510
with Good Volumes.
Strong Bullish Divergence. BNL Aanlysis
Closed at 8.03 (30-04-2026)
Strong Bullish Divergence.
Immediate Support seems to be around 7.40 - 7.50
& then around 4 - 4.20
Monthly closing above 7.50 would be a +ve sign.
Upside it may touch 9.25 - 9.40 initially.
It may resume its upside momentum after crossing
& sustaining 10.
Indus Dyeing – Swing Trade SetupStock is in a clear downtrend, but now price is stabilizing around the 90–95 support zone, where multiple bounces are visible. This area is acting as a short-term demand zone, so a relief move is possible.
Plan:
This is a counter-trend swing, not a strong bullish reversal yet. Play it for short targets only. If price sustains above 100, then momentum can improve and further upside may come.
Note:
Volume pickup near lows is a positive sign, but overall trend is still weak — so risk management is very important.
ILong
FCCL Daily Chart Analysis — By Shariah PSX BullAllah Knows Best — And Allah Almighty is Powerful over Everything.
FCCL has successfully broken above a key resistance zone with strong volume expansion, indicating fresh buying interest and improving momentum.
🔹 Buy Zone: 53.90 – 54.80
🔹 Stop Loss: 51.80 (Daily Close Basis)
🎯 TP1: 55.29
🎯 TP2: 58.02
🎯 TP3: 59.18 – 59.73
📈 Potential upside from breakout zone is approximately 13%+ if momentum and volume continue to support the move.
Technical View:
✅ Resistance breakout confirmed
✅ Volume above 20-day average
✅ Higher Low structure intact
✅ Bullish continuation setup active
⚠️ Risk Management:
Wait for price to sustain above the breakout zone. Use proper position sizing and strict stop loss management.
This is a technical analysis for educational purposes only, not financial advice.
— Shariah PSX Bull
#PSX #FCCL #FaujiCement #TradingView #TechnicalAnalysis #ShariahPSXBull #Breakout #SwingTrade #PakistanStockExchange #Stocks
2 Bullish Patterns Appearing!MLCF Analysis
Closed at 84.31 (13-05-2026)
This is purely a Technical view.
2 Strong Bullish Patterns are appearing.
> Cup & Handle
> ABCD Pattern
Cup & Handle Target around 250 - 255
ABCD Target around 170 - 175
Important Resistance is around 130 - 135.
> Breaking 70 would bring more selling pressure.
SKRS — Bullish Reversal from Demand Zone | TPs: 26.20 → 32.00 SKRS — Bullish Reversal from Demand Zone | TPs: 26.20 → 26.95 → 29.30 → 31.65+
CMP: 25.52 | Buy Zone: 24.50 - 25.50 | SL: 21.50
SKRS has staged a strong rebound from the key demand zone around 21.50–22.00, printing a bullish Marubozu with improving volume and momentum. The stock has reclaimed the 50% retracement area, indicating buyers are regaining control after the recent correction. As long as price holds above 21.50, the bullish recovery remains intact with upside potential toward 26.20–26.95 initially, followed by 29.30–31.65 in the coming sessions.
Disclaimer:
This analysis is based solely on technical chart patterns, price action, and publicly available market data. It is provided for educational and informational purposes only and should not be considered financial, investment, or trading advice. Stock market investments are subject to market risk, and past performance does not guarantee future results. Investors are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
PSO Daily Chart Analysis — By Shariah PSX Bull""Allah Knows Best — And Allah Almighty is Powerful over Everything""
PSO is approaching a critical breakout zone after forming a tightening triangle structure while respecting the weekly trend line support.
Bullish momentum may accelerate if price gives a strong daily close above breakout zone.
🔹 Buy Above Daily Close: 355.32
🔴 Stop Loss: 344.90
🎯 TP1: 358.79
🎯 TP2: 362.40
🎯 TP3: 369.29
📈 Technical Observations:
• Weekly trend line support holding strong
• Triangle compression indicates possible expansion move
• Breakout confirmation required on strong close and volume
❌ If breakout fails, price may retest lower support zones before next move.
⚠️ Trade with proper risk management. This is only a technical view, not financial advice.
— Shariah PSX Bull
Keep an eye on NBP towards the Long sideKeep an eye on NBP towards the Long side. Currently, getting a resisted from EMA200 and also confronting another Resistance from the marked Trendline. It was able to cross the TL towards the upside on the last trading session. Sustaining both the mentioned resistance can hopefully pave for its upside movement...
Stay tuned






















