PSX trade ideas
PSX Stock Trading StrategyPSX Buying Opportunity:
Key Levels:
1. Current price: 26
2. Buy zone: 24-22
3. Stop loss: 21.30
4. Targets: 29, 31, 34, and final target 36
Strategy:
1. Buy on weakness: Enter the trade if the price dips to 24-22.
2. Risk management: Set a stop loss at 21.30.
3. Profit targets: Aim for 29, 31, 34, and 36.
Considerations:
1. Market conditions: Monitor PSX trends and news.
2. Risk tolerance: Adjust position size according to risk appetite.
This strategy is based on the provided information. Always conduct your own research and consider consulting a financial advisor before making investment decisions.
PSX – 30-Min Short Trade Setup!📉 🔻
🔹 Asset: Pakistan Stock Exchange Ltd. (PSX – PSX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Double Top + Rising Wedge Breakdown
📊 Trade Plan – Short Position
✅ Entry Zone: ~27.00 (Rejection near resistance trendline)
✅ Stop-Loss (SL): 27.67 (Breakout high + wedge invalidation)
🎯 Take Profit Targets:
📌 TP1: 25.98 – Previous breakout level
📌 TP2: 25.03 – Horizontal support
📌 TP3: 23.60 – Trendline base
📐 Risk-Reward Calculation
🟥 Risk: ~0.67/share
🟩 Reward to TP3: ~3.40/share
📊 R/R Ratio: ~1 : 5+ – High-efficiency pullback play
🔍 Technical Highlights
📌 Double top rejection at supply zone ✔
📌 Rising wedge breakdown with selling pressure ✔
📌 Bearish engulfing near resistance ✔
📌 Volume spike confirms reversal intent
📉 Risk Management Strategy
🔁 Move SL to breakeven after TP1
💰 Lock profits at TP2
🚀 Let remainder trail to TP3
⚠️ Setup Invalidation If:
❌ Price breaks and closes above 27.67
❌ Bullish consolidation instead of pullback
❌ Breakout volume resumes
🚨 Final Thoughts
✔ Bearish structure with strong reward potential
✔ Clean rejection at multi-day resistance
✔ Ideal short setup post breakout exhaustion
🔗 #PSX #ShortSetup #ProfittoPath #ChartAnalysis #BearishReversal #SwingTrade #TechnicalSetup #PriceAction #RiskReward #SmartMoneyMoves
PSX – 30-Min Long Trade Setup !📈 🟢
🔹 Asset: Pakistan Stock Exchange Ltd. (PSX – PSX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Inverse Head & Shoulders Breakout + Trendline Flip
📊 Trade Plan – Long Position
✅ Entry Zone: Around 25.50 (Breakout + Retest)
✅ Stop-Loss (SL): 23.60 (Below structure + trendline)
🎯 Take Profit Targets:
📌 TP1: 25.98 – Recent resistance
📌 TP2: 26.47 – Supply area
📌 TP3: 27.08 – Major resistance (swing extension)
📐 Risk-Reward Calculation
🟥 Risk: ~1.90/share
🟩 Reward to TP3: ~1.58/share
📊 R/R Ratio: ~1 : 2.8 – Solid high-conviction trade
🔍 Technical Highlights
📌 Breakout from inverted H&S pattern ✔
📌 Trendline breakout and retest confirmed ✔
📌 Bullish volume spike on breakout candle ✔
📌 Clear higher high and higher low structure 🔼
📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Secure 50% profits at TP2
🚀 Let the remaining portion run toward TP3
⚠️ Setup Invalidation If:
❌ Breakdown and close below 23.60
❌ Fails to hold the trendline breakout
❌ Sudden volume divergence + bearish reversal
🚨 Final Thoughts
✔ Pattern-backed breakout with momentum
✔ Tight SL + clean R/R = efficient swing setup
✔ Smart structure play with bullish follow-through
🔗 #PSX #PakistanStockExchange #BreakoutSetup #ProfittoPath #SwingTrade #TechnicalAnalysis #ChartSetup #RiskReward #VolumeSpike #PSXTradeIdeas
PSX – 30-Min Long Trade Setup !📈 🟢
🔹 Asset: Pakistan Stock Exchange Ltd. (PSX – PSX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Trendline Breakout + Retest
📊 Trade Plan – Long Bias
✅ Entry Zone: Around 23.39 (post-breakout confirmation)
✅ Stop-Loss (SL): 22.85 (below recent structure low)
🎯 Take Profit Targets:
📌 TP1: 24.52 – Previous resistance
📌 TP2: 25.98 – Major supply / top of the range
📐 Risk-Reward Calculation
🟥 Risk: 23.39 - 22.85 = 0.54 PKR/share
🟩 Reward to TP2: 25.98 - 23.39 = 2.59 PKR/share
📊 R/R Ratio: ~1 : 4.79 – Excellent opportunity
🔍 Technical Highlights
📌 Falling trendline broken with bullish momentum ✔
📌 Support holding at 22.85 (white line) ✔
📌 Volume spike + bullish retest confirmation 🔥
📌 Yellow zone = structure resistance turned support
📉 Risk Management Strategy
🔁 SL to breakeven after TP1
💰 Book partial at TP1
🚀 Let the rest run to TP2
📏 Use structure – not emotion
⚠️ Setup Invalidation If:
❌ Breaks and closes below 22.85
❌ Fakeout candle with volume and rejection
❌ Loses trendline and support zone
🚨 Final Thoughts
✔ Trendline breakout confirmed with strong R/R
✔ Clean structure for intra or swing setups
✔ Great setup for PSX-focused traders
🔗 #PSX #PakistanStockExchange #TechnicalSetup #ProfittoPath #BreakoutTrade #RiskReward #StockTrading #SupportResistance #ChartAnalysis
PSXThe price movement is exhibiting a pattern of higher highs and higher lows, signaling a bullish trend. Presently, there is a retracement following the establishment of a higher low, which coincides with a significant support level. This suggests a potential continuation of the bullish trend.
The initial target price is aimed towards the previous high at 16.60. Further, upon a breakout and sustained trading above this previous high, an anticipated new higher high level around 18.10 is envisaged.
To manage risk effectively, it is advisable to implement a stop-loss at 13.90.