THE-CHART-ALCHEMIST

THE-CHART-ALCHEMIST

QUICE has broken out from its recent trading range with big volumes It has created buyside Breaker Block which will act as its major support and rebound level after its pullback

THE-CHART-ALCHEMIST Updated 

BFBIO successfully completed its correction and broken its downward resistance line. Very low risk trade.

THE-CHART-ALCHEMIST

MTL has given breakout of its downward channel and also taken support from a long term trendline, furthermore it also successfully established a Spring. It is low risk trade. Buy MTL 600-620 TP1 690 TP2 760 SL 580

THE-CHART-ALCHEMIST

SLGL has recently completed its 61% correction and has now confirmed its reversal with a Spring in Golden Zone which lies exactly on FVG. It is considered High Probability Trade Buy SLGL @ 15.1 and 14.2 TP 17.9 SL 12.8

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TRG has been in Pullback since May 2021 when it posted its ATH of Rs 186. It has reached 78% level of retracement and is rebounding from !M FVG(Fair Value Gap). It is very much likely to start a long term bullish move after it crosses Rs74 level to make new high of Rs 230 In Sha Allah

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HASCOL has given breakout of previous channel ( blue ) and has now switched to new channel (yellow). It has completed 50% retracement of the breakout. I t is expected to rebound from current level or nearby FVG (Fair Value Gap) after going through spring/bear trap. It'll be a good buy only after some bullish confirmation. For now it is wait and watch strategy

THE-CHART-ALCHEMIST Updated 

KSE100 is continuing its uptrend, it is taking support from 1w trendline. It is expected to be aggressively bullish if it crosses 1,17,600. Upcoming target in this case will be 1,21,000 and 1,23,500. on the flip side, if it breaks this trendline it can go down to 1,11,500 and 1,05,540.

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AGP has recently given breakout of Cup & Handle / Scallop pattern. it has successfully retested it.

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FFC is in distribution phase of Wyckoff Method, it has shown Sign of Weakness after breakdown below 360. It is expected to retest this area Short lvl 360-370 TP 301 SL 381

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HBL is currently in Phase C of Wyckoff Method, it has created spring which will be confirmed after it crosses 154. Buying is recommended at that lvl and also after breakout and retest of phase D at 160

THE-CHART-ALCHEMIST

13/4/27 TF- 1D CPHL has recently completed its correction and started a new bullish trend from Rs 82. Buying at current level is not recommended Buy after RT of recent BO 88-92 TP1 109 TP2 116 TP3 126 SL 78

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13/4/25 TF 1W/1D Efert was trending inside a bullish channel since Oct 23 Although it has given a breakdown from the channel but this move can convert into Spring or Bear Trap. It will be confirmed with a daily closing above 190 within next 3 days Buy 192-199 Short term TP 229 & 248 Long term TP 310 ( Oct 25) In Sha Allah SL below 180

THE-CHART-ALCHEMIST

13/4/25 TF 1D/3H Ph D complete Buying1 660-690 Buying2 btw 720-740 after second BO TP 890 SL below 620

THE-CHART-ALCHEMIST

13/4/25 TF 3H/1D PH C in prog IBR(Ideal Buying Range) WAS ON SPRG BD 280-290 Next IBR after BO from channel at 340 and retest btw 325-340 SL below 280 TP 355 & 380