PRL Approaches a Reversal Zone: Bullish Retest Confirmation PRL Approaches a Reversal Zone: Bullish Retest Confirmation in Focus
PRL has dropped sharply toward 87.26 on the 4-hour chart, bringing the highlighted 83โ85.5 reversal zone into focus. This area is projected using the previous supply move, but a bullish reversal remains unconfirmed.
Preferred Setup: Iโm watching for an initial reaction from the zone, followed by a retest that holds support and produces a bullish engulfing candle . A W-type base could develop through this process, but the
ATRL Tests a Reversal Zone: W Structure and Retest Confirmation ATRL Tests a Reversal Zone: W Structure and Retest Confirmation Required
ATRL remains bearish on the 4-hour chart after a sharp decline. Price has reached the marked 970โ985 reversal zone , projected using the previous supply move, but a bullish reversal is not yet confirmed.
Initial Reaction: A first bullish engulfing candle within this zone could indicate buying interest. However, entering on that signal alone would carry higher risk while the broader structure remains bearish.
Preferr
PCAL Nears a Projected Reversal Zone After Channel BreakdownPCAL Nears a Projected Reversal Zone After Channel Breakdown
PCAL remains bearish on the daily chart after breaking below its rising channe l. Price has continued making lower highs and lower lows, with the latest candle closing near 120.80.
Potential Reversal Area: Projecting the previous supply move highlights 108โ114 as a possible reversal zone. Price is approaching this area, but a bullish reversal has not yet been confirmed.
Bullish Confirmation: Iโm watching for a bullish engulfi
FFC Breaks Above Triangle: Reversal Zone Near 580 in FocusFFC Breaks Above Triangle: Reversal Zone Near 580 in Focus
FFC has broken above its triangle structure on the 4-hour chart, advancing from the 530โ537 area toward 564.70. The breakout supports short-term bullish momentum, while an important resistance zone remains overhead.
Potential Reversal Area: Projecting the previous demand move highlights 577โ582 as a possible bearish reversal zone. This area also aligns with the previously broken rising trendline, creating potential support-to-res
LSECL Descending Channel Breakout Incoming???LSECL has been in a descending channel accumulation since its last higher high on the 10th of July.
As a bullish divergence has been formed between the last 2 LLs a conditional buy setup can be looked at as follows:
Buy Stop at 5.40
Tp 1 6.40
Tp 2 7.15
Tp 3 8.08
ATRL | Potential Exist Opportunity Before a Deeper Correction๐ ATRL | Potential Exit Opportunity Before a Deeper Correction
Attock Refinery Limited (ATRL) is showing signs of technical weakness following a breakdown of its rising trendline, indicating a possible bearish shift.
The stock may offer traders another opportunity to exit around the Rs. 1,140โ1,160 resistance zone before a potential deeper correction.
If selling pressure intensifies, the next major downside target could be Rs. 1,000โ960.
Traders should closely monitor price action, wat
NRL Lower Locked! Is the Golden Pocket the Next Turning Point?**NRL โ Technical Analysis**
**CMP: 499.90 | 02 November 2026 | 10:50 AM**
NRL hit the lower circuit today, primarily amid panic selling following negative news surrounding the refinery sector.
Despite the sharp decline, the broader uptrend remains intact for now. The next important support lies in the **425โ477** zone, which also coincides with the **Golden Pocket** area, making it a significant region to watch.
However, rather than rushing into any decision, it would be prudent to observe
FZCM: Two Bullish Patterns Spotted**FZCM โ Technical Analysis**
**Closing Price: 307.65 | 30 October 2026**
The bigger timeframe chart is showing promising formations, with a **Cup & Handle** as well as an **Ascending Triangle** pattern developing. Both formations indicate potential upside, with a projected target zone around **490โ500**.
However, the immediate resistance around **310โ320** remains a key hurdle. A breakout above this range, backed by strong volumes and sustained price action, would provide further confirmati
LOTCHEM - ABCD Pattern Intact! Is 38 the Next Target?**LOTCHEM โ Technical Analysis**
**Closing Price: 23.89 | 30 October 2026**
The ABCD pattern remains intact, with **Point C around 18** acting as a crucial level. As long as this level holds, the broader uptrend remains valid.
Although the pattern projects a potential target around **38**, the **32โ35** zone is likely to be a significant resistance area and may pose a challenge to further upside.
On the positive side, the weekly closing is reasonably encouraging. Meanwhile, **22.40โ22.80**
LPGL โ BUY SETUP | (1W) THE CHART ALCHEMIST | 01 NOVEMBER 2026๐ LPGL โ BUY SETUP | (1W) THE CHART ALCHEMIST | 01 NOVEMBER 2026
๐ข Buy Zone: 72โ79
๐ฏ TP1: 85
๐ฏ TP2: 106
๐ฏ TP3: 115
๐ฏ TP4: 132
๐ฏ TP5: 150
๐ฏ TP6: 170
๐ฏ TP7: 185
๐ฏ TP8: 205
๐ฏ TP9: 220
๐ฏ TP10: 237
๐ฏ TP11: 260
๐ฏ TP12: 276
๐ฏ TP13: 297
๐ Stop Loss: 62
โ ๏ธ Disclaimer: This setup is shared for educational purposes only. Do your own research before making any trading decision.
PSO last strong support if held by buyers can push market higherPSO is at a strong support and if this support is held by buyers then it can push PSO higher to target 1.
Important things which can mess this trade up:
1) PTI Long March
2) PSO Earnings
3) Interest Rate Hike if pakistan central bank increases their interest rate then i will consider closing this trade.
Ghani Dairies (GDL): Inverse Head & Shoulders Breakout SetupGhani Dairies Limited is forming an Inverse Head & Shoulders on the daily chart, and price is now pressing against the neckline.
๐ Pattern Breakdown
- Left Shoulder: ~16.90
- Head: ~16.50
- Right Shoulder: ~17.50
- Neckline: ~18.60
Price closed at 18.56 (+4.86%), right at the neckline resistance that has held since July. The higher low on the right shoulder shows buyers stepping in earlier on each dip.
๐ฏ Trade Plan (Long)
- Entry: daily close above 18.65 (aggressive entry on a retest of 18.50
**MTL โ Monthly SFO: Golden Pocket Watch, Confirmation Pending**
Millat Tractors Limited (PSX:MTL) is trading near **PKR 280.10** following its recovery and subsequent pullback.
The SFO source equilibrium near **312** has already been touched, producing the **โTP1 HIT โ BUY (ref)โ** label. However, the dashboard still reads **โY BUY Wait HTF close,โ** so entry qualification remains pending.
The highlighted **258โ265 Golden Pocket** is the main area I am watching for a potential bullish reaction. Price remains above this zone. A qualifying test, fresh Mont
Dragonfly Doji on Bigger tf๐ **THCCL Analysis โ Bulls Still in Control? ๐**
**Closing Price: Rs. 73.97 | 30 October 2026**
THCCL continues to show encouraging price action, with a sequence of **Higher Highs (HH) and Higher Lows (HL)** visible on the Daily Time Frame, indicating a developing bullish structure.
Another interesting observation is the appearance of a **Dragonfly Doji on the Higher Time Frame**, suggesting potential buying interest and rejection of lower prices.
๐ **Important Levels to Watch**
๐ข **Support
**NETSOL (PSX) โ Monthly SFO: Watching a Golden Pocket Retraceme
NETSOL recovered strongly after sweeping the previous yearโs low earlier in 2026. Price is now pulling back, with the highlighted **106โ111 Golden Pocket area** overlapping the previous-year low near **108**.
This is the area I am watching for a potential bullish reaction.
**Confirmation matters:** The indicator still displays **โY BUY โ Wait HTF close.โ** The existing BUY CISD belongs to the earlier recovery; it is not fresh second-entry confirmation.
The bullish scenario requires an eligi
NRL โ Is a Strong Recovery in the Making?๐ **NRL โ Is a Strong Recovery in the Making? ๐**
**CMP: Rs. 563 | 30 October 2026 (12:45 PM)**
After correcting more than **60%**, NRL appears to be trading in an interesting support zone, potentially setting up for a recovery.
An **ABCD Pattern** indicates a potential upside target of **Rs. 770โ800**, provided the stock manages to overcome its key resistance levels.
๐ **Key Levels to Watch**
๐ข **Stoploss**
- Multiple Closings below Rs. 540โ543
NRL needs to sustain above this zone to kee
CNERGY โ Is a Bigger Bullish Move Ahead?๐ **CNERGY โ Is a Bigger Bullish Move Ahead? ๐**
**CMP: Rs. 13.82 | 30 October 2026 (12:20 PM)**
CNERGY is showing a potential **Bullish Flag Pattern**, with an estimated pattern target around **Rs. 21โ22**.
However, the journey towards this target requires some important technical confirmations.
๐ **Key Levels to Watch**
๐ง **Resistance Zones:**
- Rs. 14.30โ14.50 โ Immediate resistance.
- Rs. 15.80โ16.00 โ Major breakout zone.
A decisive breakout above Rs. 15.80โ16.00, supported by strong
PRL โ Pakistan Refinery Limited | PSX | Daily ChartAllah Knows Best, and Allah Almighty has power over everything.
Buy 1: Near 96.56 with bullish confirmation.
Buy 2: Daily closing above 105.90. Intraday breakout without closing confirmation, no buy.
SL: Daily closing below 92.04 invalidates the entire setup. No re-entry.
Targets: 105.89, 108.86 and 114.50.
Technical analysis for educational purposes only, not financial advice.
โ Shariah PSX Bull
MUGHAL BUY SETUP 1D๐ MUGHAL โ BUY SETUP | (1D)
THE CHART ALCHEMIST | 29 OCTOBER 2026
๐ข Buy Zone: 59โ63
๐ฏ TP1: 68
๐ฏ TP2: 72
๐ฏ TP3: 75
๐ฏ TP4: 77
๐ฏ TP5: 83
๐ฏ TP6: 90
๐ฏ TP7: 94
๐ Stop Loss: 59
โ ๏ธ Disclaimer: This trade setup is shared for informational and educational purposes only. Trading involves risk. Do your own research before taking any trade. No claim, no blame.
**KEL โ Key Levels & Potential Reversal Setup**๐ **KEL โ Key Levels & Potential Reversal Setup**
**Closing Price: Rs. 5.96 | 29 October 2026**
๐ป **Descending Triangle Target Achieved!**
KEL has successfully reached the downside target of its descending triangle pattern near **Rs. 5.30**, completing the projected move.
Now, the stock appears to be approaching a potentially important zone where a **Higher Low (HL)** could develop on the higher time frame.
๐ **Key Levels to Watch**
๐ข **Support Zone:** Rs. 4.88 โ 5.50
A sustained hold wi























