Big Bird Foods limited Ready to Deliver Strong Returns in the Short Term
Big Bird Foods limited (BBFL) is bouncing up from strong support.
The buying zones are between 53 and 49.
A trend change would occur if the price closes below 46 on the daily time frame.
📢 Announcement: We're Moving to Discord – Join Us There!
Hi everyone! 👋
To improve your experience and offer additional features, we’re moving our community from WhatsApp to Discord!
Here’s what you’ll get on Discord:
✅ Research Reports Channel – Access a regularly updated compilation of valuable research reports
✅ PSX24/7 Bot – Ask anything about the PSX and get instant insights powered by KSEStocks historical data
✅ Organized Channels – Separate spaces for discussions, news, reports, and more
✅ Better Notifications – Control what you see and when
✅ Smoother Interaction – Easier to follow and participate in conversations
✅ Organized trading ideas - trading ideas that you can discuss and keep track of
Join now 👉 https://discord.gg/kST9hWjS
The overall market is choppy, so it’s better to secure 40% of the profit and let the runner continue
Profit securing points are at 60, 64, and 70. If it closes above 72, we could see a move towards 80
Disclaimer
Always take trade with your own risk appetite.
Before taking any trade do your own research first.
Financial markets are inherently risky.
Don't miss:
- Which cars are driving the rally in auto stocks?
- Is DGKC going to Rs. 240?
- Why TPLP could go higher.
⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →
Comments (4)
for a novice like me, price seem to move with the index (or index moves with prices) why isnt here any ref to the main index even time is important as ive noticed that prices change in morning or at break time
Not all indices have the same companies; it depends on the index you’re watching, such as the KSE-100, KSE-30, or KMI-30. Different indices have different stocks.
For example, the KSE-100 has 100 companies, but not all of them are necessarily traded on any given day. The index moves up and down in a zigzag manner. Some companies carry more weight (more weight means points) in the KSe100, such as FFC, OGDC, PSO, MCB, etc. So, the index may move up by 1000 points, with smaller stocks showing significant movements while the big companies remain relatively unchanged.
those are candles show rate fluctuation above, whats shown by the bottom bar graph, is it the volume?
Yes, it is volume.