Bullish on Bigger Time Frames.
However, if 655 is broken, we may witness
600 then 575.
On the flip side, important to break 765
to Hit 785 and if 785 is Crossed, we may see
trend continuation.
SAZEW trade ideas
SAZEW (ANALYSIS).SAZEW forms a bullish flag pattern with a target price of 805, currently heading towards that level. RSI shows no divergence on the daily timeframe but does on shorter timeframes (1hr, 2hr). ADX indicates overbought conditions, advising caution.
Trading Recommendation:
Consider long positions cautiously, with lower quantities due to RSI divergences and overbought ADX. Monitor the target price closely and implement professional risk management strategies.
SAZEW (ANALYSIS) .📈 Market Update: SAZEW
Current Scenario:
SAZEW is giving all breakouts and heading towards the channel top at 611.
Technicals have been relatively quiet, but RSI is now extremely bullish and in an overbought situation.
There's also an exceptionally large gap between 518-555.
Trade Strategy:
Action: Consider selling 40-50% at 590-612.
Stay alert and flexible in your trading! 📊💼
Sazew (Intraday/short Swing) BuyExtremely Bullish + breakout given at 450 so low Risk High Reward.
Buy Sazew at 480 - 493.
sell at 498 , 512 , 530.
Sl Below 480.
go long in sazewgo long in sazew , sazew in side ways position but gradually moving towards 500 so buy and sell at 500 +
340 - 345 seems to be an Important ResistanceWEEKLY Analysis:
340 - 345 seems to be an Important Resistance
However, there is No Bearish Divergence Yet on
Weekly TF
and if this level (345) is sustained, we may witness 400+
Re-test of Breakout Level possible around 233 Bullish on Weekly as well as Monthly TF
Re-test of Breakout Level possible around 233
Bullish on Weekly as well as Monthly TF
Plan1
Buy1 around 204 - 207
Buy2 around 193 - 195
TP(1) around 212 - 214
TP(2) around 225 - 228
Stoploss 188 (Closing basis)
Plan2
Buy Above 215
Sell around 220-223 , then 230
Stoploss 203 (closing basis)
SAZEWPlan1
Buy1 around 203
Buy2 around 193 - 195
TP(1) around 212 - 214
TP(2) around 225 - 229
Stoploss 188 (Closing basis)
Plan2
Buy Above 233
Sell around 245 , then 260
Stoploss
SAZEWPlan1
Buy Above 212
Sell around 220 then 230
Stoploss 197 (Closing basis)
Plan2 (Quick Trade)
Buy around 201 - 203
Sell around 208
Stoploss 198 (Closing basis)
SAZEW-Start of bearish trendSAZEW is stock listed on PSX. from last six months, it was in promising bullish trend. now, after making history top, the instrument made double top formation with divergence on RSI on 4hourly and daily chart. price below 194 will strengthen seller stance.
