Bullish Flag Pattern appearing!LUCK Analysis
Closed at 439.61 (06-05-2026)
Weekly Closing above 445 - 447 would be +ve sign.
Bullish Flag Pattern appearing with multiple mid-way
resistances around 460 - 492
Crossing & sustaining this zone with Good Volume may
lead it towards 550.
On the flip side, breaking 400 may bring the price down
towards 370 - 375.
Hascol Petroleum (HASCOL) PSX TRADING IDEA AT 1 HOURHascol Petroleum (HASCOL) on the 1-hour timeframe is showing a well-defined bullish structure, transitioning from a base formation into a steady uptrend marked by higher highs and higher lows. After a prolonged accumulation phase, price has gained momentum and is now consolidating just below recent highs, indicating a continuation setup rather than exhaustion. The EMA cluster is aligned bullishly with price holding above the key moving averages, while the Alligator lines are opening up again after a brief contractionโsuggesting trend resumption.
Currently trading near 21.5โ21.6, the stock is respecting short-term dynamic support around the EMA zone, making this a favorable buy on CMP setup. The defined stop loss at 20.25 sits below the recent structural low and moving average support, maintaining a controlled risk profile. On the upside, TP1 at 22.73 aligns with immediate resistance, while TP2 at 23.40 targets the upper range expansion and prior rejection zone.
RSI is holding around the mid-50s, reflecting healthy momentum without overextension, which further supports the probability of continuation. Overall, the setup reflects a classic trend-following opportunity with a favorable risk-reward, provided price sustains above the 20.2โ20.5 support region.
BANK OF PUNJAB (BOP) at 1 HOUR TIMEFRAMEBank of Punjab (BOP) is currently trading around the 35.1โ35.3 zone, consolidating after a strong impulsive rally from sub-26 levels, indicating a healthy pause within an overall bullish structure. Price action is compressing near the EMA cluster (short-term moving averages converging), suggesting a volatility squeeze and potential breakout setup. The Alligator lines are flattening, reflecting a temporary equilibrium between buyers and sellers before the next directional move. RSI is recovering from lower levels and hovering near the mid-50 region, indicating improving momentum without being overbought, which supports a continuation bias.
The trade setup favors a buy on current market price (CMP) with a defined risk below the recent support at 33.48, where structure would invalidate. Upside targets lie at 36.45, aligning with recent resistance, and 38.19, which coincides with the prior swing high and projected breakout range. Overall, the setup reflects a classic bullish continuation after consolidation, provided price holds above the 33.5 support zone.
BGL - Bounce Play; TG 12.50 - 13.90BGL โ Bounce Play | High Risk โ ๏ธ
BGL has corrected sharply from 17.7 to 8.6 and is now showing a relief bounce from the 9.0 zone, indicating early stabilization but no confirmed trend reversal yet. As long as price holds above 9.20, the bounce can extend toward 12.50 and 13.90, while a sustained move above 12.50 may trigger a momentum shift. However, a break below 9.20 will weaken the structure again.
CMP: 11.15 | Buy Range: 10.50โ11.20 | SL: 9.20 | Targets: 12.50 โ 13.90
โ ๏ธ Disclaimer: This is for educational purposes only, not financial advice. Trade at your own risk.
Currently in a Consolidation Box.MERIT Analysis
Closed at 7.72 (11-03-2026)
Currently in a Consolidation Box.
Channel bottom is around 7 - 7.50
Weekly Closing above 7.70 - 8 would be a +ve sign.
We may expect a bounce from the current range.
Upside resistance is around 13.50 - 14.50
However, breaking 6.20 may bring more selling pressure.
SYM PROBABLY IN WAVE " 5 or B " - SHORTThis is in continuation to our ongoing tracking of SYM wave structure.
Our preferred wave count suggests that SYM is in wave 5, which should take price down towards 7.40 level, but price will have to take out 9.00 level first. Once 9.00 level is taken out, it will bring confidence to this trade setup.
Alternately, prices might be in wave B which can end near 9.75 - 9.70 or 9.00 level and reverse, targeting upside of 11.50 level.
Since both of our waves suggest that price will probably reach 9.75 level, therefore we look forward to short sell SYM tomorrow and target the aforementioned level.
Let see if we can get a good entry on this trade. I'll try my best to update my entry price in real time, if possible.
Trade Setup:
Entry level: 10.50 & above would be good, take entry keeping breakeven & profit in mind
Stop loss: 11.46
Targets:
1st: 9.75 (50% positions)
2nd: 9.00 (30% positions)
3rd: 7.40 (20% positions)
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Possible Long Position in NRLIn my analysis, I believe that 374 would be an ideal entry point in NRL for a short-term long position, while maintaining a stop loss at 300. The first take-profit (TP) level is likely around 440, and the second TP could be near 475.
This is solely my personal analysis based on what I think is likely to happen.
PPL๐ข๏ธ Pakistan Petroleum Limited Analysis PPL PSX
๐ FUNDAMENTAL
โ
Good Result Fundamentally
Strong earnings momentum with solid core business performance.
โ
Oil Price Hike Positive
Higher energy prices can improve sentiment for exploration & production names.
โ
Interest Rate Increase = Defensive Preference
In tighter monetary cycles, investors often shift toward stable dividend and defensive counters.
โ
Strong Relative Positioning
May outperform cyclical sectors during uncertain market phases.
๐ TECHNICALS
โ
Buy Call on Retrace to Fib Golden Level (0.5)
Primary technical accumulation zone near classic golden retracement support.
โ
2nd Buy Zone
If correction deepens, second staggered entry zone.
โ
3rd Buy Zone (Full Retracement Support)
Final strategic buy zone for long-term positioning.
โ
TP1
First upside target = prior resistance / reaction high zone.
โ
TP2
Second upside target = breakout continuation zone above previous supply area.
โ
Trend View
Bullish recovery remains valid while higher low structure holds.
๐ฏ Strategy Summary
Strong Fundamentally
Defensive Play in High Rate Environment
Oil Price Beneficiary
Technically Buy on Dip, Not on Chase
๐ Execution Plan
Buy at golden retracement zone
Add at second fib support
Final add at third zone
Book partial at TP1
Hold remaining for TP2
but then move your stop loss up or book partially
BPL โ Channel Breakout Attempt | TPs: 37 โ 40 โ 42+BPL โ Channel Breakout Attempt | Reversal Setup
CMP: 30.78 | Time Frame: Medium Term | Risk: ModerateโHigh
BPL is attempting a breakout from a falling channel, signaling early signs of trend reversal after prolonged downtrend. Recent bullish candles indicate strong demand returning near the base (20โ24 zone).
๐ Buying Range: 28.5 โ 31
๐ Stoploss: 26.10
A sustained breakout above 32โ34 zone can trigger upside toward 37 โ 40 โ 42+ levels, aligning with key Fibonacci resistances.
Structure remains constructive as long as 26 holds, positioning BPL as a high-risk, high-reward reversal play.
Disclaimer:
This content is for educational purposes only and should not be considered financial or investment advice. Market investments carry risk, and prices can move against expectations. Always perform your own analysis or consult a licensed financial advisor before making any trading decisions. TradeFlow Advisors is not responsible for any losses incurred.
KOHE โ Range Break Attempt | Early Reversal๐ KOHE โ Range Break Attempt | Early Reversal
CMP: 15.30 | Time Frame: Short Term | Risk: Moderate
KOHE is attempting a breakout from consolidation (13.5โ15 range) after a prolonged downtrend, indicating early signs of base formation and reversal. Recent price action shows improving momentum with higher lows.
๐ Buying Range: 14.80 โ 15.30
๐ Stoploss: 13.40
A sustained breakout above 15.50 can trigger upside toward 17.00 โ 17.60 โ 19.20 levels.
Structure remains constructive as long as 13.40 holds, favoring continuation on strength.
PPL โ Swing Idea
Pakistan Petroleum Limited has given a long-range breakout and is now holding above the breakout zone. Recent price action shows a *successful retest followed by a bounce*, indicating strength.
Additionally, a gap zone below provides a low-risk accumulation area for positional traders.
---
### ๐น Trade Plan
Buy 1 (CMP): ~230โ233 (small position)
Buy 2 (Dip): Around 220
Buy 3 (Gap Zone): 208 โ 213 (strong accumulation zone)
---
### ๐ฏ Targets
TP1: 244
TP2: 264
Channel Top: 280
---
### โ ๏ธ Risk Management
* This is a positional / swing setup, patience may be required
* If price closes below 200, structure will weaken โ reassess position
* Avoid full position at once โ use average strategy
---
### ๐ Notes
* Breakout + retest confirms bullish structure
* Gap zone acts as strong demand
* Suitable for traders who can *hold through short-term volatility*
---
Trade with discipline โ let the structure play out.
GCIL - Short Swing
Stock is forming a *strong base around 29โ31 zone* with multiple retests, indicating accumulation.
On higher timeframe, price is compressing below a descending trendline โ *breakout attempt likely*, especially with result catalyst.
๐ *Fundamental Trigger:*
Recent quarters showed strong earnings momentum with margin expansion. The upcoming result (28 April) can act as *short-term catalyst for volatility and upside move*.
---
### ๐น Trade Plan
*Buy 1 (CMP):* 30.47 (small position)
*Buy 2 (Dip):* 28.50 โ 29
*Stop Loss* 27
---
### ๐ฏ Targets
TP1: 32.50 โ 33
TP2: 34 โ 35
TP3: 36.70 โ 37
---
### โ ๏ธ Notes
* This is a *result-based setup*, expect volatility (spikes + quick moves)
* Avoid heavy positions at once โ better to *scale in*
* Strong move expected only on *sustained breakout above 32-33 with volume*
---
*Risk manageable, reward attractive โ keep discipline.*
SAZEW PSX Chart Analysis 13-Feb-26Stop Loss:2489PKR
Sell Stop:3281PKR
Take Profit 1:2264PKR
Take Profit 2:2168PKR
Take Profit 3:2065PKR
After a bullish trend divergence has been formed and we expect the shift in the trend into bearish after hitting the sell stop we expect the price would hit the TP1,2,3.
โ ๏ธ Always remember to protect your capital with a proper stop-loss and disciplined risk management.
OGDC โ Bullish Harmonic Setup | XABCD + Double BottomOGDC is currently presenting a strong bullish structure supported by a harmonic XABCD pattern combined with a double bottom formation near key support levels. While the bullish divergence observed is not extremely strong, it is sufficient to indicate weakening bearish momentum and potential upside continuation.
Price has respected the demand zone and is now moving toward the D point completion , which aligns with our profit-taking region.
Trade Setup:
Entry (CMP): 325โ328
Stop Loss: 290
Take Profit: 350โ360
Analysis:
โข XABCD harmonic pattern signaling bullish reversal
โข Double bottom confirms strong support base
โข Mild bullish divergence adds confluence
โข Price moving toward D point completion (target zone)
Plan:
We are already positioned near CMP, expecting price to continue its move toward the D point. The strategy focuses on capturing this final leg of the harmonic structure.
Risk Management:
SL placed at 290 below structural support to manage downside risk. Profit should be secured within 350โ360 zone as price approaches completion of the pattern.
Momentum is moderate โ manage expectations and secure profits wisely.
EXIDE โ ADDL BUY SET-UP (H) The Chart AlChemist | 26 April 2026๐ EXIDE โ ADDL BUY SET-UP (H)
By The Chart AlChemist | 26 April 2026
โโโโโโโโโโโโโโโโโโโโโโโ
๐ฐ Buy Levels:
โข Buy 1: Rs. 560 (current price)
โข Buy 2: Rs. 530
โข Buy 3: Rs. 510
๐ฏ Target Levels:
๐น TP1: Rs. 600
๐น TP2: Rs. 640
๐น TP3: Rs. 690
๐น TP4: Rs. 755
๐ Stop Loss: Below Rs. 480
๐ Risk to Reward Ratio: 1 : 9 ๐ฅ
โโโโโโโโโโโโโโโโโโโโโโโ
โ ๏ธ Disclaimer: This trade setup is for educational purposes only and not financial advice. Trading involves risk, so always manage your capital and do your own research before investing.






















