Attraction in Cement Stock!GCWL Analysis
Closed at 16.86 (03-06-2026)
Good Retracement done till 15 .
Now 17.50 - 19.50 is an Important Resistance Zone.
Monthly Closing above this level would be a good sign.
& sustaining this level may lead the price the towards 24 - 25 initially;
with ultimate target of ABCD pattern to be around 34 provided 25 is crossed
& sustained with good volumes.
Ghani ChemWorld Limited Registered Shs
No trades
No trades
In-depth trading ideas
GCWL | Weekly Outlook – Potential AB=CD Formation#GCWL is currently undergoing a healthy corrective phase, bringing price into a key demand zone, which may offer favorable long-term positioning.
From a structural perspective, the weekly timeframe suggests the development of a potential AB=CD harmonic pattern, indicating a possible continuation to the upside upon completion.
Key Highlights:
• Price approaching high-probability demand zone
• Correction appears controlled and technically healthy
• No strong bearish invalidation observed
• Harmonic structure supports bullish continuation
Strategy:
A long position at CMP can be considered, subject to confirmation and proper risk management.
Note:
This analysis is based on the weekly timeframe and is intended for swing/position traders with a longer investment horizon.
💬 Market Insight Welcome:
Open to discussion and alternative views based on structure and price behavior.
#GCWL #TechnicalAnalysis #SwingTrading #LongTerm #HarmonicPatterns #ABCD #PriceAction #EquityMarket #TradingView
GCWL - PSX - Buy CallOn daily TF, this Script has been in a little bit downward channel for the last 4 months. Historically, from enlisted price of Rs 8 to 23 (185% gain) was achieved in mere 5-1/2 months. It is observed that it goes in to bull run for 3 weeks and then stays side ways for longer duration.
Due to improving fundamentals related to export of its products in near future, the SCRIPT has potential for yet another quick gains.
Technically, RSI is at 49 moving up with sufficient distance to go further up. KVO is suggesting a neutral response.
Trade Values
BUY-1: 19.94 (CMP)
BUY-2: 18.75
SL: 17.51
TP-1: 23.17
TP-2: 30.97








