THCCL Technical Analysis - Brief Report

112
September 15, 2025
Current Status

Price: PKR 48.70 (-0.02%)
Performance: Up 260%+ from PKR 13.50 lows (Aug 2024)

Technical Picture
Strongly Bullish Trend - Clean uptrend with multiple consolidation phases showing institutional backing.
Key Levels

Resistance: PKR 50.00 (psychological barrier)
Support: PKR 44.00 (immediate) | PKR 40.00 (strong) | PKR 27.00 (critical)

Chart Pattern

Ascending channel intact since October 2024
Higher highs and higher lows pattern maintained
Volume spikes confirm major breakouts

Trading Outlook
Buy on Dips Strategy

Entry Zone: PKR 44-46 on any pullback
Stop Loss: Below PKR 40
Targets: PKR 50, then PKR 55-60

Risk Assessment
Bullish Factors: Strong trend structure, multiple support levels, volume confirmation
Risks: Extended rally, resistance at PKR 50, potential consolidation needed

Verdict
Technical structure remains bullish. Current levels near resistance suggest waiting for pullback to support zones for better entry. Existing holders can maintain positions with trailing stops at PKR 44.

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