MEEZAN BANK LIMITED (MEBL) — Daily Timeframe
"Allah Knows Best and Allah Almighty is powerful over everything."
MEBL is showing a potential bullish continuation setup on the Daily timeframe with strong UIN settlement participation across multiple periods.
UIN Settlement Strength:
• Daily UIN Volume: 80.39% | Value: 81.08%
• Weekly UIN Volume: 72.23% | Value: 72.67%
• Monthly UIN Volume: 66.20% | Value: 66.70%
• 3-Month UIN Volume: 70.51% | Value: 70.84%
• Total UIN Volume: 70.51% | Value: 70.84%
The data indicates consistent institutional settlement strength and positive accumulation behavior.
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Trade Plan
🟢 BUY LEVEL:
Entry may be considered only if MEBL sustains and gives a daily closing above PKR 569.41.
🔴 STRICT STOP LOSS:
PKR 548.00
🟠 TARGET 1:
PKR 581.99
🟠 TARGET 2:
PKR 604.58
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Confirmation:
A confirmed daily close above the green buy level may open the way toward the marked targets.
The setup becomes invalid if price breaks below the stop-loss level.
This is a technical analysis for educational purposes only, not financial advice.