Sunday, November 28, 2021
Sunday, September 5, 2021
Saturday, November 14, 2020
Thursday, November 12, 2020
Saturday, October 24, 2020
Wednesday, February 17, 2010
Dancing Bulls in Karachi Stock Exhcange Thank You PM and CJ for letting Nation concentrate on their job
Morning Call for Thursday, 18th Feb, 2010
Khalid Saifuddin
Safely Invest
Dancing Bulls in Karachi Stock Exchange
Thank You PM and CJ for letting Nation concentrate on their job
Daring efforts resulted in a comfortable journey of Bulls, from the beginning of the day aggravated bulls noticed in Karachi stock exchange. Above 9,900 profit taking witnesses which was later supported from 9,865.
Meeting of PM and CJ credited for the bullish move; the striving efforts were indicated in last couple of calls and at last the meeting enable the breakout.
The corporate announcements are still not bad, taking index to test the 10,000 very soon.
Market may show some early resistance around 9,880, later on the journey goes on by honoring the levels.
Do not lose the opportunity of buying in any dip, buying by following the level can be a profitable strategy.
Recommendations: The optimism continues; follow the targets given for March, 2010. Banking still looks comfortable.
For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com
Monday, February 15, 2010
Dancing Bears in Karachi Stock Exchange
Morning Call
for
Khalid Saifuddin
Safely Invest
Ongoing Conflict between CJ and Presidency elevated the fear in small & daily traders
Once again the political crisis of the country made life miserable for the small investors and intraday traders. The past week bulls strived hard to gain the confidence in market, but unfortunately their confidence is strongly hit by current political development and media hype about the ongoing anarchy in the country.
From the beginning of the day market was under control of bears, initially low volumes noticed but later on around 9,690 some buying witnessed with shaky confidence. Feared bulls manage to sustain the 9,700 level, but still not confident to go long under prevailing selling pressure.
Now the last hope of the traders for market to trade above 9,708 all day on Tuesday with volumes, and this will also minimize the current bearish threat in market. If buyers manage the given level than market will be trading in a range of 9,700 and 9,955 for the following week, 9,871 will work as resistance for the market.
Trading below Monday’s low and closing negative will strengthen the bears for upcoming Bearish trend, from where market will follow the new track.
Banking sector along with the upcoming board meetings can play supportive role in market. If market unable to recover lost points before Wednesday, than it is recommended for traders to plan their exit strategy.
Key Levels
9837
9786
9746
9697
9657
9582
9520
Recommendations: The optimism about the economic growth and the expectation about the holding scrip are related to future development of the country’s political and administrative matters.
I recommend my leaders and administrative bodies to please concentrate on Poverty, Education, Health, Drinking Water, Power crisis, GDP, Unemployment, Foreign Investment and many more issues instead of running behind the power game
For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com
