BTC, HCAR and FNEL Technical Analysis

Technical Analysis of bitcoin ,Honda Car and First National Equities Limited


scsarmaaya content team
Share this on:
last modified: July 3, 2025
Bitcoin (BTC):

After taking a hit from EMA 200 daily Bitcoin has lost nearly 10k points. Moreover, its approaching a major support zone where short coverings cannot be ruled out. However any hourly closing below 38950 would open further downside. On the upside 34750 and 36050 are the resistance levels.

Honda Atlas Cars (Pakistan) Limited (HCAR):

Price is currently at an important daily Support area (336-340) where a buying attempt can be made. If price dips further, the next major support lies near 317-320 where a second attempt can be made with a strict stop-loss of 302 targeting 372 first and 410 next.

First National Equities Limited (FNEL):

FNEL has recently broken the Daily Trendline to the upside and price is likely to make a higher high soon. Good area to enter is between 10.20 and 10.30 first and if it dips further then another attempt can be made between 9.50 and 9.60 with a strict stop loss of 9.00. Targets are 11.55 and 14.00 initially.

Disclaimer: This report is prepared for information purposes only. Under no circumstances is to be used or considered as an offer to sell or solicitation of any offer to buy. While all reasonable care has been taken to ensure that the information contained in this report is not untrue or misleading at the time of publication, we make no representation as to its accuracy or completeness and it should not be relied upon as such. The material contained in this report is based on data obtained from sources we deem to be reliable; it is not guaranteed as to accuracy and does not purport to be complete. This information is not intended to be used as the primary basis of investment decisions. Because of individual client requirements, it should not be constructed as advice designed to meet the particular investment needs of any investor.This report is provided solely for the information of professional advisers who are expected to make their own investment decisions without undue reliance on this report and Sarmaaya accepts no responsibility whatsoever for any direct or indirect consequential loss arising from any use of this report contents.