Page 42 | Ideas and Forecasts on Stocks — Pakistan — TradingView

KING EFERT IS BACK|NEW BUY SETUP|18-01-26|BY THE CHART ALCHEMIST EFERT – BUY SET-UP | D | 18 JAN 2026 | By The Chart Alchemist • Buy 1: Rs. 242 (current price) • Buy 2: Rs. 232 Target Prices: • TP1: Rs. 259 • TP2: Rs. 275 • TP3: Rs. 289 • TP4: Rs. 300 SL (D closing): Below Rs. 224 📢 Disclaimer: All trade signals are shared for informational purpose. Do your own research before taking any position – “No claim, No blame”

by THE-CHART-ALCHEMIST

LET TCA TAKE ENGROH TO NEW HEIGHTS INSHA-ALLAH | 18-01-2026|TCA ENGROH – INVESTMENT SET-UP | D | 18 JAN 2026 | By The Chart Alchemist Buying Range: Rs. 232 – 252 Target Prices: • TP1: Rs. 270 • TP2: Rs. 280 • TP3: Rs. 300 • TP4: Rs. 320 • TP5: Rs. 350 • TP6: Rs. 375 • TP7: Rs. 400 • TP8: Rs. 425 SL (D closing): Below Rs. 220 | R:R: 1:7.5 📢 Disclaimer: All investment ideas are shared for informational purpose. Do your own research before taking any position – “No claim, No blame”

by THE-CHART-ALCHEMIST

CEPB — Channel Breakout in Progress with Strong Volume Confirmat Century Paper (CEPB) has been trading within a well-defined downward parallel channel for a long period. The stock has now reached a key breakout point, showing high volume and bullish momentum. Recent candles are testing the upper channel resistance, and a confirmed breakout above this trendline could trigger a strong upside move. The pattern also shows multiple touches on both upper and lower boundaries, validating the channel structure. Technical View: 📊 Weekly timeframe 🔹 Strong volume spike on recent sessions 🔹 Price testing upper trendline resistance 🔹 Potential breakout target: ₨40.4 🔹 Key support: ₨26–27 range Bullish Scenario: If price sustains above ₨32.5–33 with volume, we may see a move toward ₨40+, marking the completion of a channel breakout. Bearish Scenario: Failure to hold above ₨30 could lead to a retest of the lower boundary around ₨25–26. Conclusion: CEPB is showing early signs of a trend reversal from a long-term downtrend. Watch for a breakout confirmation above the resistance line with continued high volume for potential upside continuation.

Zarea Limited (ZAL) — Bullish Setup Developing ZAL is forming a bullish flag within a strong uptrend, but price has not yet broken above the 52 PKR resistance. A breakout is needed to confirm continuation. Breakout Level: 52 PKR Bullish Target: 65–66 PKR (measured move + Fib extension) Support: Rising trendline Invalidation: Break below 48 PKR ZAL remains bullish overall, but the move activates only after a confirmed breakout above 52.

AHCL ahcl has given break out on friday. wait for confirmation candle and buy at retest level.

by hameedullahlashari

Beautifully made HH and then HL.QUICE Analysis Closed at 38.93 (16-01-2026) Beautifully made HH and then HL. Crossing & Sustaining 46 may lead it towards 59 - 60. Immediate Support seems to be around 35. However, it should not break 31 now else we may witness more selling pressure towards 28 initially.

by House-of-Technicals

Hidden Bullish Divergence appeared.GHNI Analysis Closed at 835.68 (02-12-2025) Hidden Bullish Divergence on Bigger tf. Also, if 775 is not broken, we may witness upside towards 900+. Crossing & Sustaining 910 with Good Volumes, may lead the price towards 1000 - 1100. Buy on Dips can be a Good Option. Otherwise a Good Support seems to be around 780 - 787 (if it comes to this range).

by House-of-Technicals

Breakout & Retest!IMAGE Analysis Closed at 26.79 (16-01-2026) Breakout & Retested an Important level around 24.50 - 25 Currently at Resistance around 27 - 27.70 Sustaining this Range may lead it towards 28.50 initially & then around 31 - 31.50 Breaking 25 may bring more selling pressure.

by House-of-Technicals

GGGL BULLISH GGGL PSX BULLISH Trendline Breakout with Volume Expecting a 2 RR trade

by RizwanDanish

PPL - Long This is the 2nd call of PPL. The first target has been achieved; now 2nd target is Rs 280

WAVES: ANOTHER WAVE OF JUICY PROFITS In the month of October 2025 the script posted very handsome gains. Aftewards it goes in to retracement. Now a brief consolidation has taked place and a healthy bullish candle has been formed. Therefore, we may initiate a long positon at suggested level. To protect the capital a stop loss has been identified and a TP, showing potential gain of 18% has been marked on the chart. Due deligence is solicited.

GLAXO: CONSOLIDATION IN 2025. WHAT NEXT FOR 2026?GLAXO a multinational compony operating in Pakistan with a diverse product line. Its stock price exploded to 481 from 68 just in a span of 19 months, Now in the 17 days of Jan 2026 it has added Rs. 39.18 or 10%. We expect another sustained upward move from here, once the price closes above 460. Albeit the long term target i.e. of ABCD pattern, is Rs. 714, yet intermediary resistances or TPs have also been marked on the chart. Stop Loss is very close so we may initiate a position at suggested level and my beef up the position when the price closes above 460. Wishing you a profitable trade.

FEROZ: HIGHER LOW, A GOOD POINT TO JOIN THE BULLS Ferozsons Lab Ferozsons Lab. is in business since 1954. Today, as per notification to the PSX, the chairperson and mother of CEO has bought 56600 share of the compony. Compony is available at a discount to EV. Ernings of the compony are rising of YOY basis i.e. 2023 2024 and 2025. So it is a high time to take position in the compony. Keeping in mind this backdrop multiple TPs or resistance levels have been marked on the chart. Although SL has been identified on the chart but keep it moving upward when a resistance level is crossed. We may enter the stock at current market price (CMP) Wishing you a profitable trade.

BIFO: TIME TO PLAY THE BREAKOUT BIFO is a defence related compony, with the headoffice in Karachi. After an innitial breakout the script spent entire 2025 in consolidation. With the advent of Jan 2026 the script has a healthy gain of 22%. We expect a retracement from here and to benefit from this a buying zone, based on Fib., has been identified on the chart. To finalize the ritual of making a trade plan a stop loss and TP1 and TP2 has also been marked on the chart for your convenience. Wishsing you a profitable trade.

HTL BUY SETUP BY THE CHART ALCHEMIST 17-01-2026 HTL – TECH BUY SET-UP | H | 19 JAN 2026 | By The Chart Alchemist • Buy 1: Rs. 64 (current price) • Buy 2: Rs. 61 Target Prices: • TP1: Rs. 66 • TP2: Rs. 72 • TP3: Rs. 78 SL (TF closing): Below Rs. 58 | R:R: ~1:4.1 📢 Disclaimer: All trade signals are shared for informational purpose. Do your own research before taking any position – “No claim, No blame”

by THE-CHART-ALCHEMIST

MFL INVESTMNET SET-UP 17-01-2026 | BY THE CHART ALCHEMIST MFL – INVESTMENT BUY SET-UP | D | 19 JAN 2026 | By The Chart Alchemist • Buy 1: Rs. 68 (40%) • Buy 2: Rs. 63 (60%) Target Prices: • TP1: Rs. 76 • TP2: Rs. 84 • TP3: Rs. 94 • TP4: Rs. 101 • TP5: Rs. 108 SL (TF closing): Below Rs. 54.8 | R:R: ~1:4.2 📢 Disclaimer: All trade signals are shared for informational purpose. Do your own research before taking any position – “No claim, No blame”

by THE-CHART-ALCHEMIST