DFSM (PSX)

DFSM PSX

Dewan Farooque Spinning Mills

BUY

4.6700

Prev.Close

4.5000

Change

+0.1700

Change%

+3.78%

BULLISH HOMING PIGEON

Bought at

4.5900

Open

4.5500

High

4.8300

Low

4.3300

4.6700

Gain%

+1.74%

Signal History

Date	Price	Signal	Change%		PKR100⇨
20/06	4.5900	BUY	+1.7%		86
16/06	4.9500	SELL	-7.3%	✔	86
19/05	2.9900	BUY	+65.6%	✔ 👍	53
09/05	2.3700	SHORT	+26.2%	❌	72
05/05	3.1800	BUY	-25.5%	❌	98
24/04	3.3700	SELL	-5.6%	✔	99
21/04	3.3800	BUY	-0.3%	❌	100
08/04	3.4400	SHORT	-1.7%	✔	100
03/04	3.5000	BUY	-1.7%	❌	103
25/03	3.4200	SHORT	+2.3%	❌	107
14/03	3.5400	BUY	-3.4%	❌	112
21/01	4.2900	SHORT	-17.5%	✔	97
14/01	4.1400	BUY	+3.6%	✔	95
08/01	4.3600	SHORT	-5.0%	✔	91
06/01	4.6700	BUY	-6.6%	❌	99

† Trade commissions are taken as 0.70%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to BUY. The BULLISH HOMING PIGEON pattern has finally received confirmation because the prices crossed above the confirmation level at 4.5350, and our valid average buying price now stands at 4.5900. The previous SELL signal was issued on 16/06/2025, 4 days ago, when the stock price was 4.9500. Since then, DFSM has fallen by -7.27%.

Market Outlook

Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The trend is also bullish and perhaps it is the right time to participate in bullish fervor. The market is signaling a potential new profit opportunity. Capitalize on this bullish opportunity without hesitation.

Pattern Description

This pattern consists of a small black candlestick within a preceding relatively long black candlestick. It resembles the Harami pattern, except that both candlesticks are black. more...

Date	Price	Signal	Change%		PKR100⇨
20/06	4.5900	BUY	+1.7%		171
16/06	4.9500	SELL	-7.3%	✔	172
19/05	2.9900	BUY	+65.6%	✔ 👍	105
09/05	2.3700	SHORT	+26.2%	❌	144
05/05	3.1800	BUY	-25.5%	❌	196
24/04	3.3700	SELL	-5.6%	✔	197
21/04	3.3800	BUY	-0.3%	❌	199
08/04	3.4400	SHORT	-1.7%	✔	199
03/04	3.5000	BUY	-1.7%	❌	205
25/03	3.4200	SHORT	+2.3%	❌	213
14/03	3.5400	BUY	-3.4%	❌	223
21/01	4.2900	SHORT	-17.5%	✔	193
14/01	4.1400	BUY	+3.6%	✔	189
08/01	4.3600	SHORT	-5.0%	✔	182
06/01	4.6700	BUY	-6.6%	❌	198
16/12	4.7900	SELL	-2.5%	✔	199
02/12	4.0700	BUY	+17.7%	✔ 👍	170
26/11	4.0100	SHORT	+1.5%	❌	176
31/10	3.9900	BUY	+0.5%	✔	177
25/10	4.0200	SELL	-0.7%	✔	178
07/10	3.9500	BUY	+1.8%	✔	176
30/09	4.1100	SHORT	-3.9%	✔	172
25/09	4.2800	BUY	-4.0%	❌	182
19/09	4.4900	SHORT	-4.7%	✔	176
04/09	5.1500	BUY	-12.8%	❌	205
02/09	4.9400	SHORT	+4.3%	❌	217
27/08	5.2300	BUY	-5.5%	❌	233
23/08	5.4600	SELL	-4.2%	✔	235
06/08	3.9900	BUY	+36.8%	✔ 👍	173
31/07	3.7900	SELL	+5.3%	❌	174
25/07	3.5400	BUY	+7.1%	✔	164
22/07	3.3200	SHORT	+6.6%	❌	178
28/06	3.3200	BUY	0.0%	❌	180
29/05	3.8300	SELL	-13.3%	✔	182
17/05	3.5650	BUY	+7.4%	✔	170
23/04	3.5000	SELL	+1.9%	❌	171
16/04	3.1300	BUY	+11.8%	✔ 👍	154
25/03	3.0900	SHORT	+1.3%	❌	159
11/03	3.3150	BUY	-6.8%	❌	173
07/03	3.2500	SELL	+2.0%	❌	174