PSX - DCL - Long Position Trend: Bulish
Divergence: no
HH/HLs intact
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Trade plan:
Entry: 16.62 (green candle close above)
SL: 12.27
TP: 20.97
Dewan Cement Ltd.
No trades
Market insights
DCL – TECHNICAL BUY CALL | 27 AUGUST 2025 (1D TF) DCL – TECHNICAL BUY CALL | 27 AUGUST 2025 (1D TF)
The stock broke out of a trading range, achieved a high of Rs. 16.60, pulled back, and now seems to be forming a triangle structure.
Though stock is Bullish, but
Though stock is Bullish, but a Very Strong Resistance
is around 11.50 - 12.
Crossing & Sustaining this level may
lead it towards 14 initally.
8 should be the Stoploss as of now. Breaking this level
will drag the price towards 6.50 - 7.40
DCL is ready to flyYesterday DCL was above resistance of 11.4 and closed slightly below it. Also above 50 and 200 MA on daily chart. Fresh Entry is possible in it. TP is 13.3 and SL is 9.9
DCL - CUP FORMATION TG : 10.00 - 11.40
DCL is currently trading in a cup pattern, with a post-breakout retest of the neckline at the 8.38 level, following a 36.00% rally from a low of 8.00. DCL now shows a homing pigeon bullish reversal formation with medium reliability. It is likely to continue its momentum toward the previous high of May 2024 at 11.40, followed by 12.80. The momentum indicators are in oversold territory. Accumulate with a defined risk below the 8.00 level.
Targets: 10.00 - 11.40 - 12.80
DCLWe can attempt to buy DCL from specified level as it is trading in ascending symmetrical triangle pattern (continuation pattern ) , also there is no bearish divergence at current levels.
SL , TP mention in chart.
PSX:DCL- THE MOUNTAIN CLIMBEROn weekly chart the security has breached the wedge & sustained over SMA 200. RSI is in bullish zone.
All these are the signs of hyper move so take position accordingly.
TP & Stop Loss has been marked on chart for quick reference.
Have Profitable trading
Bullish Flag Pattern may comes in playBuy Above 7.60
Sell around 8.60
Stoploss 6.60
Bulls may take charge after breaking previous HH
Dewan Cement (DCL) Bearish Trend in 4h TFDewan Cement (DCL) Bearish Trend in 4h TF
Printing multiple Lower Highs and Lower Lows
Entry (Sell Stop: 6.64
Stop Loss : 7.34
TP-1 : 5.94
TP-2 : 5.24
DCL : Bullish Trend PSX:DCL continuing bullish trend after retracement making new higher highs and higher lows. Buystop target with SL and TPs marked
