By
Khalid Saifuddin
Safely Invest
Updated: Oct, 29th, 2009. 8:00pm
Morning Call for Friday 30th, Oct, 2009
Proper interpretation of Hilary Clinton point and corporate announcement may get market into bulls
Foreign investment continuously increasing
KSE-100 – Selling Pressure exist
Mixed activities observed, traders were coming forward to buy positions but unfortunately the mutual funds and institutions were not supportive, alone Foreign investors supported the market by USD 2,337,839. Market after making a low of 9073 was able to close exactly on our given support level. In fact the past two days closing is not letting us to go for bearish trend though the market is in selling pressure. Fear still exists in investors due to Peshawar blast.
I am not loosing hopes, the positive trading activities on last day of the week will enhance the courage of the local investors and I am sure that will also push the institution to buy back their position. For Friday it is required for market to close above 9265 to stay in bullish hopes. Trading above 9325 will add energy to bulls.
Be selective in scrip and sector, as you know that market recorded the mixed activities.
Key Levels for the market
9,554
9,442
9,380
9,278
9,252
9,211
9,177
9,100
9,035
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer:This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Thursday, October 29, 2009
Wednesday, October 28, 2009
Morning Call for Thursday 29th, Oct, 2009
Morning Call for Thursday 29th, Oct, 2009
Caution: Peshawar Blast may impact the market
Institutional buy can support the market for getting out of this fear of terror
Foreign investment continuously increasing
By
Khalid Saifuddin
Safely Invest
KSE-100
Again mixed trend observed, traders seems confuse about the trend because of the mutual funds, institutions and foreign investors activities. Though market closed on its bouncing support but unfortunately the Peshawar blast enhanced the fear in investors. FIPI got inflow of USD 1,456,971 and mutual funds were in selling
Key Levels for the market
9,554
9,442
9,359
9,177
9,100
9,035
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Caution: Peshawar Blast may impact the market
Institutional buy can support the market for getting out of this fear of terror
Foreign investment continuously increasing
By
Khalid Saifuddin
Safely Invest
KSE-100
Again mixed trend observed, traders seems confuse about the trend because of the mutual funds, institutions and foreign investors activities. Though market closed on its bouncing support but unfortunately the Peshawar blast enhanced the fear in investors. FIPI got inflow of USD 1,456,971 and mutual funds were in selling
Key Levels for the market
9,554
9,442
9,359
9,177
9,100
9,035
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Tuesday, October 27, 2009
Morning Call for Wednesday Oct 28, 2009
Morning Call for Wednesday Oct 28, 2009
Decreasing volatility increasing hopes with some upcoming development, Ultimate Target Bullish
New buyers still welcome
By
Khalid Saifuddin
safelyinvest
KSE-100
Yesterday mixed activities recorded in Karachi Stock Exchange , it is also observed that the mutual funds were off loading their positions while the local traders and Foreign Investors were in buying, alone FIPI got inflow of USD 1,924,621.
The other reason of pressure was the corporate results and institutional sales, this pressure may continue in first half of trading today (Wednesday)
Though the market closed in selling pressure, but I do not see many reasons for the continuation of this pressure, to stay in bullish channel it is required for the market to close above 9244 today.
I see most of the political development positive for the market in a short term manner and visit of US foreign minister will bring more bull power to the market.
So I recommend buyers to take advantage of the early dip and buy their scrip on given support levels with the calculated stop loss. And tell you this is the time to target your buy price in specific sectors and choose your choice of scrip.
This is the right time to design new portfolios targeting next quarter.
Key Levels
9,554
9,478
9,441
9,379
9,285
9,238
9,192
9,035
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Decreasing volatility increasing hopes with some upcoming development, Ultimate Target Bullish
New buyers still welcome
By
Khalid Saifuddin
safelyinvest
KSE-100
Yesterday mixed activities recorded in Karachi Stock Exchange , it is also observed that the mutual funds were off loading their positions while the local traders and Foreign Investors were in buying, alone FIPI got inflow of USD 1,924,621.
The other reason of pressure was the corporate results and institutional sales, this pressure may continue in first half of trading today (Wednesday)
Though the market closed in selling pressure, but I do not see many reasons for the continuation of this pressure, to stay in bullish channel it is required for the market to close above 9244 today.
I see most of the political development positive for the market in a short term manner and visit of US foreign minister will bring more bull power to the market.
So I recommend buyers to take advantage of the early dip and buy their scrip on given support levels with the calculated stop loss. And tell you this is the time to target your buy price in specific sectors and choose your choice of scrip.
This is the right time to design new portfolios targeting next quarter.
Key Levels
9,554
9,478
9,441
9,379
9,285
9,238
9,192
9,035
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Monday, October 26, 2009
Morning Briefing for Tuesday 27th October, 2009
Morning Briefing for Tuesday 27th October, 2009
Immense buying recorded by Mutual funds, Institutions and Foreign Investors, alone FIPI got USD 4,722,179. As I said earlier it is proved today the decreasing volatility increasing hopes with some upcoming development, Ultimate Target Bullish
The bulls flying now looking for more energy may get some energy with the upcoming developments
Key Levels for KSE-100
Tuesday
R – 3 9,590
R – 2 9,478
R – 1 9,395
P.Cls 9,374
S – 1 9,285
S – 2 9,238
S – 3 9,192
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Immense buying recorded by Mutual funds, Institutions and Foreign Investors, alone FIPI got USD 4,722,179. As I said earlier it is proved today the decreasing volatility increasing hopes with some upcoming development, Ultimate Target Bullish
The bulls flying now looking for more energy may get some energy with the upcoming developments
Key Levels for KSE-100
Tuesday
R – 3 9,590
R – 2 9,478
R – 1 9,395
P.Cls 9,374
S – 1 9,285
S – 2 9,238
S – 3 9,192
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-3432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Saturday, October 24, 2009
Technical Forecast for KSE-100 For the Last Week of Oct, 2009
Technical Forecast for KSE-100
For the Last Week of Oct, 2009
New buyers welcome aboard
Bulls ready to take off
Ultimate Target
Bullish
By
Khalid Saifuddin
Saturday, October 24, 2009
Hi Folks:
Market seems little relaxed now; I can see some fresh breathing on last day of the week. Foreign investor’s net buy was USD 7,321,734 on Friday.
Tell you investors this week you get the clarification about the trend, though it is not established yet. Currently market got into the oversold range and usually here comes the new buy. The bullish power in traders will be coming in different phases.
• Trading above 9,180 will add confidence
• Trading above 9,395 will energize the bulls
• Closing above 9,340 on Monday will help the bulls for whole week
• Last but not the least closing over 9,700 this week will spread dancing bulls all over
Bears will get power back if the market closes below the last week low (which seems quite difficult)
Ongoing war, shooting events and explosions were the major cause of fear in the market. Incoming leverage product and positive development by Pakistani Army will minimize the fear in investors
The current statements from foreign diplomats will also help minimizing the bear power.
Key Levels
9,478
9,395
9,238
8,930
8,891
8,790
Fundamental View:
By Farkhunda Jabeen
I feel this is an excellent opportunity to have capital gains from stock investments; since equities at KSE are being traded at much discounted rates, forecasting the high returns in near future. Of course, this time span is sufficient for KSE stocks to reflect the upcoming growth prospects, as the positive events can set our economy in the direction for growth like shrinkage in Current Account Deficit, high foreign inflows and potential growth of service sector.
Pakistan economy, regarded of having a high growth potential, has been shifted to disturbance phase due to the recent law & order situation of the country. However, other economic and political ups-and-downs that can be traced back in the country’s history allow us not to lose hope when deciding of investing in the stocks of this high-potential country.
Foreign Investors Position
5th Oct to 9th Oct, 2009
Gross Buy Gross Sell
Rs 2,063,593,703 Rs 2,671,297,652
Net Sell Rs 2607,703,947
Net Sale USD $ 7,321,734
Weekly Candle
Open 9844.55
High 9859.73
Low 8974.85
Close 9150.85
Total Move 869.7
Lost 687.27
% Lost -6.98%
Decreasing volatility increasing hopes with some upcoming development
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
For the Last Week of Oct, 2009
New buyers welcome aboard
Bulls ready to take off
Ultimate Target
Bullish
By
Khalid Saifuddin
Saturday, October 24, 2009
Hi Folks:
Market seems little relaxed now; I can see some fresh breathing on last day of the week. Foreign investor’s net buy was USD 7,321,734 on Friday.
Tell you investors this week you get the clarification about the trend, though it is not established yet. Currently market got into the oversold range and usually here comes the new buy. The bullish power in traders will be coming in different phases.
• Trading above 9,180 will add confidence
• Trading above 9,395 will energize the bulls
• Closing above 9,340 on Monday will help the bulls for whole week
• Last but not the least closing over 9,700 this week will spread dancing bulls all over
Bears will get power back if the market closes below the last week low (which seems quite difficult)
Ongoing war, shooting events and explosions were the major cause of fear in the market. Incoming leverage product and positive development by Pakistani Army will minimize the fear in investors
The current statements from foreign diplomats will also help minimizing the bear power.
Key Levels
9,478
9,395
9,238
8,930
8,891
8,790
Fundamental View:
By Farkhunda Jabeen
I feel this is an excellent opportunity to have capital gains from stock investments; since equities at KSE are being traded at much discounted rates, forecasting the high returns in near future. Of course, this time span is sufficient for KSE stocks to reflect the upcoming growth prospects, as the positive events can set our economy in the direction for growth like shrinkage in Current Account Deficit, high foreign inflows and potential growth of service sector.
Pakistan economy, regarded of having a high growth potential, has been shifted to disturbance phase due to the recent law & order situation of the country. However, other economic and political ups-and-downs that can be traced back in the country’s history allow us not to lose hope when deciding of investing in the stocks of this high-potential country.
Foreign Investors Position
5th Oct to 9th Oct, 2009
Gross Buy Gross Sell
Rs 2,063,593,703 Rs 2,671,297,652
Net Sell Rs 2607,703,947
Net Sale USD $ 7,321,734
Weekly Candle
Open 9844.55
High 9859.73
Low 8974.85
Close 9150.85
Total Move 869.7
Lost 687.27
% Lost -6.98%
Decreasing volatility increasing hopes with some upcoming development
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Thursday, October 22, 2009
Karachi Stock Exchange for 23rd October, 09
Morning Call for 23rd October, 09
Dear Folks!
We do not recommend any buying unless we gauge the market behavior.
Due to the increased foreign selling and country terror situation KSE-100 seems to be in pressure and volatility is expected.
Net foreign selling
Pak Rs 191,981,441
USD 2,313,029
For more updates, news and views on Karachi Stock Exchange
Please Call @ 021-3432 2359
0345-276 8680
Thanks
Khalid Saifuddin
Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Dear Folks!
We do not recommend any buying unless we gauge the market behavior.
Due to the increased foreign selling and country terror situation KSE-100 seems to be in pressure and volatility is expected.
Net foreign selling
Pak Rs 191,981,441
USD 2,313,029
For more updates, news and views on Karachi Stock Exchange
Please Call @ 021-3432 2359
0345-276 8680
Thanks
Khalid Saifuddin
Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Wednesday, October 21, 2009
Morning Briefing for Thursday 22nd October, 2009
Morning Briefing for Thursday 22nd October, 2009
Mutual funds, Institutions and Foreign Investors observed selling their positions and small investor and local traders were in buying…it’s not amazing?
Net Selling Yesterday by foreign investors USD 2,782,312
KSE-100 Today: Bears are in Power – possibilities of bouncing back
Market under pressure due to ongoing terror alert and back door conspiracies.
Upcoming political development and economic measures can support the market. News regarding leverage product will also help the market.
Caution: We are in state of War.
Key Levels for KSE-100
Thursday
R 4 9540
R 3 9468
R 2 9380
R 1 9286
P.Cls 9,248
S 1 9,245
S 2 9,137
S 3 9,098
S 4 8,937
--
For more updates, news and views on Karachi Stock Exchange
Please Call @ 021-3432 2359
0345-276 8680
Thanks
Khalid Saifuddin
Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Mutual funds, Institutions and Foreign Investors observed selling their positions and small investor and local traders were in buying…it’s not amazing?
Net Selling Yesterday by foreign investors USD 2,782,312
KSE-100 Today: Bears are in Power – possibilities of bouncing back
Market under pressure due to ongoing terror alert and back door conspiracies.
Upcoming political development and economic measures can support the market. News regarding leverage product will also help the market.
Caution: We are in state of War.
Key Levels for KSE-100
Thursday
R 4 9540
R 3 9468
R 2 9380
R 1 9286
P.Cls 9,248
S 1 9,245
S 2 9,137
S 3 9,098
S 4 8,937
--
For more updates, news and views on Karachi Stock Exchange
Please Call @ 021-3432 2359
0345-276 8680
Thanks
Khalid Saifuddin
Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Tuesday, October 20, 2009
Karachi Stock Exchange for 21st October, 09
Dhian for Wednesday 21st October, 2009
Declining Global interest recorded will add more pressure
Net Selling on Yesterday USD 6,438,649
KSE-100 Today:
Well the correction call is turning into bearish trend, the major reason for this change will be the terror alert for the country, now we are on war. Immense fear of terror noticed in common man.
Yesterday market accurately tested our levels, the low and high of the market was proved the accuracy of our support and resistance. Unfortunately market failed to close above the 9600 which was the hope of getting back into correctional phase. Last hour pressure was due to the explosion in university.
Now it is getting difficult for the investors to gain confidence.
I recommend traders to stay out of intraday trade and focus on buying specific scrip on market support.
If market bounces back from 9500 will give sigh or relief to investors.
I want intraday traders do not take positions in pre-open, wait for market to get stabilize and then plan their buys in specific scrip on support
Before buying or selling any scrip, please gauge the pressure in 100 index.
Key Levels for KSE-100
Wednesday
R 3 9,739
R 2 9,678
R 1 9,644
P.Cls 9,569
S 1 9,510
S 2 9,369
S 3 9,278
For more updates, news and views on Karachi Stock Exchange
Please Call @ 021-3432 2359
0345-276 8680
Thanks
Khalid Saifuddin
Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Declining Global interest recorded will add more pressure
Net Selling on Yesterday USD 6,438,649
KSE-100 Today:
Well the correction call is turning into bearish trend, the major reason for this change will be the terror alert for the country, now we are on war. Immense fear of terror noticed in common man.
Yesterday market accurately tested our levels, the low and high of the market was proved the accuracy of our support and resistance. Unfortunately market failed to close above the 9600 which was the hope of getting back into correctional phase. Last hour pressure was due to the explosion in university.
Now it is getting difficult for the investors to gain confidence.
I recommend traders to stay out of intraday trade and focus on buying specific scrip on market support.
If market bounces back from 9500 will give sigh or relief to investors.
I want intraday traders do not take positions in pre-open, wait for market to get stabilize and then plan their buys in specific scrip on support
Before buying or selling any scrip, please gauge the pressure in 100 index.
Key Levels for KSE-100
Wednesday
R 3 9,739
R 2 9,678
R 1 9,644
P.Cls 9,569
S 1 9,510
S 2 9,369
S 3 9,278
For more updates, news and views on Karachi Stock Exchange
Please Call @ 021-3432 2359
0345-276 8680
Thanks
Khalid Saifuddin
Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Sunday, October 18, 2009
KSE-100 for the Week of 19th 23rd Oct, 2009
KSE-100 for the Week of 19th 23rd Oct, 2009
By
Khalid Saifuddin
Friday 17th 2009
Hi Folks:
To me enough is enough, market resisting on highs for quite long time, with the intraday corrections market try to support the bulls for next run. But now I can see too many signs of going into regular correction.
Friday it has been observed the biggest foreign selling, if you compare with the last couple of months data, the Waziristan operation can also be reason for investors to minimize their positions, country is on high alerts these days, the confidence of common men is shacked because of the explosions and shooting events, though the Kerry-Lugar bill will be the greatest supporter for the Bulls.
Trading and closing above 10,005 on Monday can put bulls back into ring, and closing below 9815 may bring pressure to the market. Now it really makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.
Caution: Declining Global interest recorded on Friday
Key Levels
10150
10027
9945
9811
9608
9520
Recap Last Week:
Market performed in both directions with pressures, traders were really interested to get into the market, but couple of events makes them shocked and later that also resulted in some outflow of the foreign investment. Market still having opportunity of some long term buy, the investors must fix their targets.
Last week analysis: I was convinced that the volatility and intraday correction will make market stabilize and it did. Though market still in fragile zone but we got some positive development, the ongoing debate on Kerry-Lugar will be gone very soon like the NRO and Musharaf trail.
The incoming Leverage product will give more strength to the market, and we all noticed the pouring dollars are already getting high.
I am very much optimistic about the market now, though it will take little correction but eventually the market will hit the goal.
Trading above 9865 will energize the market and trading or closing below 9505 may bring pressure to the market. Now it makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
By
Khalid Saifuddin
Friday 17th 2009
Hi Folks:
To me enough is enough, market resisting on highs for quite long time, with the intraday corrections market try to support the bulls for next run. But now I can see too many signs of going into regular correction.
Friday it has been observed the biggest foreign selling, if you compare with the last couple of months data, the Waziristan operation can also be reason for investors to minimize their positions, country is on high alerts these days, the confidence of common men is shacked because of the explosions and shooting events, though the Kerry-Lugar bill will be the greatest supporter for the Bulls.
Trading and closing above 10,005 on Monday can put bulls back into ring, and closing below 9815 may bring pressure to the market. Now it really makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.
Caution: Declining Global interest recorded on Friday
Key Levels
10150
10027
9945
9811
9608
9520
Recap Last Week:
Market performed in both directions with pressures, traders were really interested to get into the market, but couple of events makes them shocked and later that also resulted in some outflow of the foreign investment. Market still having opportunity of some long term buy, the investors must fix their targets.
Last week analysis: I was convinced that the volatility and intraday correction will make market stabilize and it did. Though market still in fragile zone but we got some positive development, the ongoing debate on Kerry-Lugar will be gone very soon like the NRO and Musharaf trail.
The incoming Leverage product will give more strength to the market, and we all noticed the pouring dollars are already getting high.
I am very much optimistic about the market now, though it will take little correction but eventually the market will hit the goal.
Trading above 9865 will energize the market and trading or closing below 9505 may bring pressure to the market. Now it makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Wednesday, October 14, 2009
Dhian Thursday 15th October, 2009
Dhian Thursday 15th October, 2009
Headlines:
• Agriculture sector, bourses to be taxed within three years, National Assembly told
• Gilani, Putin vow to boost economic ties
• Oil, gas exploration, power sectors: Prime Minister promises investors good returns
• POL discovers gas in Maramzai
• Nishat Power Limited - New power on the horizon
• $11.406 billion loans obtained from IMF since 1958: Tarin
• 481,110 USD added to FIPI on 14th, Oct, 2009
• Germany re-opens investment guarantees
• Thar Coal worth $14,014 billion (atleast)
• First F-16 C/D aircraft rolls out at LM Aero facility
• Kashmir glaciers shrinking at 'alarming' pace
• Kerry promises to 'clarify' clauses: Qureshi pushes US on controversial aid bill
• IMF projects GDP flat at two percent
I am happy at least traders are stop discussing the client level margin; well I still see opportunity of dip in market, now the Blast in Kohat and couple of shooting events in Lahore can be a reason for current downside movement but I don’t think it gonna stay long, and eventually this will benefit the new buyers. As I pointed out earlier the level of 9,843 will be decisive level for the market. I think we are almost out of correctional trend and I am sure this week closing will clarify lot of things and establish the market trend! Inahallah. I am pretty much optimistic about the approval of Kerry-Lugar Bill.
High 9,936
Low 9,781
Current 9,835
Key Levels
10,055
9892
9,843
9,798
9710
9,667
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Headlines:
• Agriculture sector, bourses to be taxed within three years, National Assembly told
• Gilani, Putin vow to boost economic ties
• Oil, gas exploration, power sectors: Prime Minister promises investors good returns
• POL discovers gas in Maramzai
• Nishat Power Limited - New power on the horizon
• $11.406 billion loans obtained from IMF since 1958: Tarin
• 481,110 USD added to FIPI on 14th, Oct, 2009
• Germany re-opens investment guarantees
• Thar Coal worth $14,014 billion (atleast)
• First F-16 C/D aircraft rolls out at LM Aero facility
• Kashmir glaciers shrinking at 'alarming' pace
• Kerry promises to 'clarify' clauses: Qureshi pushes US on controversial aid bill
• IMF projects GDP flat at two percent
I am happy at least traders are stop discussing the client level margin; well I still see opportunity of dip in market, now the Blast in Kohat and couple of shooting events in Lahore can be a reason for current downside movement but I don’t think it gonna stay long, and eventually this will benefit the new buyers. As I pointed out earlier the level of 9,843 will be decisive level for the market. I think we are almost out of correctional trend and I am sure this week closing will clarify lot of things and establish the market trend! Inahallah. I am pretty much optimistic about the approval of Kerry-Lugar Bill.
High 9,936
Low 9,781
Current 9,835
Key Levels
10,055
9892
9,843
9,798
9710
9,667
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Tuesday, October 13, 2009
Breaking News Karachi Stock Exchange: Traders are out of Depression
Breaking News Karachi Stock Exchange: Traders are out of Depression
Current Market KSE-100
Index Change 141
Currrent Market 9,827
Market High 9,835
Market Low 9,686
WOW! the traders are out of depression created by Client level margin system. Market will get some strength if closed above 9740. Market tested the resistance around 9843, breaking this level with the buying pressure will motivate the buyers to add positions to their portfolio. We got some positive development for country and country’s economy; I hope you already got that through our regular news bulletin.
Do not get into buy right now wait for the market to break the current level of 9843
I am still optimistic about the market, but remember we are still in the phase of correction; eventually the market will hit the goal.
Key Levels
10,033
9,843
9,798
9,700-9,725
9,667
9,648
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Current Market KSE-100
Index Change 141
Currrent Market 9,827
Market High 9,835
Market Low 9,686
WOW! the traders are out of depression created by Client level margin system. Market will get some strength if closed above 9740. Market tested the resistance around 9843, breaking this level with the buying pressure will motivate the buyers to add positions to their portfolio. We got some positive development for country and country’s economy; I hope you already got that through our regular news bulletin.
Do not get into buy right now wait for the market to break the current level of 9843
I am still optimistic about the market, but remember we are still in the phase of correction; eventually the market will hit the goal.
Key Levels
10,033
9,843
9,798
9,700-9,725
9,667
9,648
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Monday, October 12, 2009
What is Happening in Karachi Stock Exchange
Technical Forecast for KSE-100
For the 2nd Week of Oct, 2009
By
Khalid Saifuddin
Hi Folks:
I was convinced that the volatility and intraday correction will make market stabilize and it did. Though market still in fragile zone but we got some positive development, the ongoing debate on Kerry-Lugar will be gone very soon like the NRO and Musharaf trail. The incoming Leverage product will give more strength to the market, and we all noticed the pouring dollars are already getting high.
I am very much optimistic about the market now, though it will take little correction but eventually the market will hit the goal. Trading above 9865 will energize the market and trading or closing below 9505 may bring pressure to the market. Now it makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.
For further analysis of any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
For the 2nd Week of Oct, 2009
By
Khalid Saifuddin
Hi Folks:
I was convinced that the volatility and intraday correction will make market stabilize and it did. Though market still in fragile zone but we got some positive development, the ongoing debate on Kerry-Lugar will be gone very soon like the NRO and Musharaf trail. The incoming Leverage product will give more strength to the market, and we all noticed the pouring dollars are already getting high.
I am very much optimistic about the market now, though it will take little correction but eventually the market will hit the goal. Trading above 9865 will energize the market and trading or closing below 9505 may bring pressure to the market. Now it makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.
For further analysis of any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Thursday, October 8, 2009
Karachi Stock Exchange Today for 9th October, 09
Morning Briefing for Friday 9th October, 2009
Continuous Foreign Buying just on Thursday we got USD $ 13,381,745
Khalid Saifuddin
October 9, 2009
Folks! Correction is due in the market but we may see some hype today. Do not hold most of the positions, concentrate on intraday trade. A positive impact can be seen due to political and economic developments. Continuous foreign buying is stabilizing investors’ interest.
Key Levels
9992
9855
9700-9725 Critical
9645
9600
9553
9497
Intraday Buy recommendations
BAFL
MCB
NBP
ATRL
POL
UBL
OGDC
PSO
For precise KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Continuous Foreign Buying just on Thursday we got USD $ 13,381,745
Khalid Saifuddin
October 9, 2009
Folks! Correction is due in the market but we may see some hype today. Do not hold most of the positions, concentrate on intraday trade. A positive impact can be seen due to political and economic developments. Continuous foreign buying is stabilizing investors’ interest.
Key Levels
9992
9855
9700-9725 Critical
9645
9600
9553
9497
Intraday Buy recommendations
BAFL
MCB
NBP
ATRL
POL
UBL
OGDC
PSO
For precise KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Wednesday, October 7, 2009
Karachi Stock Exchange for 8th October, 2009
Morning Briefing for Thursday 8th October, 2009
Exciting and Surprising Bullish Ride
Bulls...Bulls...Bulls...Bulls...Bulls...Bulls
WOW this is really a big time extravaganza for the market, I wasn’t able to forecast this many bulls in the market. Well now we got no chance for thinking about Bear power. But guys I still want my traders to watch out for dips and stay with your intraday entries, Market is now getting stable for the future. USD 7,375,013 inductions in FIPI will be an added advantage for the bulls. I don’t think market will trade over 10,000 this week.
Key Levels
9992
9855
9700-9725
9645
9600
9553
9497
OGDC - Bullish
Trading over 114.40 might take market to 117
117.30
114.40
113.30
112.05
110.65
108.10 Last Resort
LUCK - Bullish – currently no upper limit available
JSCL Currently Bearish - Buying with stop loss 39.25
42
41
40.10
39.45
38.50
37.50
36.30
PAKRI – Currently Bearish – Buy with stop loss 34.9
36.99
36.15
35.55
35.15
34.40
UBL- Bullish
61.95
60.90
59.85
59.15
58.75
58.05
NBP - Not established
If traded over 87.80 then real bullish, offload at 87.55 and buy back over 88
89.75
87.80 Strong resistance
86.30
85.65
84.42
AHSL Not established – Hold if traded well enough over 44.10, more chances of going down from this level
44.35 Strong resistance
43.71
42.75
42.15
AICL
121
117.95
115.10
112.80
BAFL – Bullish-Buy with the stop loss 13.92 – Closing over 14.16 will strengthen the bulls
14.85
14.25
14.00
13.79
13.59
13.39
13.28
I appreciate my traders if they call before actually getting into the buy, because I want them to be very careful. And celebrate their profit taking for now
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Exciting and Surprising Bullish Ride
Bulls...Bulls...Bulls...Bulls...Bulls...Bulls
WOW this is really a big time extravaganza for the market, I wasn’t able to forecast this many bulls in the market. Well now we got no chance for thinking about Bear power. But guys I still want my traders to watch out for dips and stay with your intraday entries, Market is now getting stable for the future. USD 7,375,013 inductions in FIPI will be an added advantage for the bulls. I don’t think market will trade over 10,000 this week.
Key Levels
9992
9855
9700-9725
9645
9600
9553
9497
OGDC - Bullish
Trading over 114.40 might take market to 117
117.30
114.40
113.30
112.05
110.65
108.10 Last Resort
LUCK - Bullish – currently no upper limit available
JSCL Currently Bearish - Buying with stop loss 39.25
42
41
40.10
39.45
38.50
37.50
36.30
PAKRI – Currently Bearish – Buy with stop loss 34.9
36.99
36.15
35.55
35.15
34.40
UBL- Bullish
61.95
60.90
59.85
59.15
58.75
58.05
NBP - Not established
If traded over 87.80 then real bullish, offload at 87.55 and buy back over 88
89.75
87.80 Strong resistance
86.30
85.65
84.42
AHSL Not established – Hold if traded well enough over 44.10, more chances of going down from this level
44.35 Strong resistance
43.71
42.75
42.15
AICL
121
117.95
115.10
112.80
BAFL – Bullish-Buy with the stop loss 13.92 – Closing over 14.16 will strengthen the bulls
14.85
14.25
14.00
13.79
13.59
13.39
13.28
I appreciate my traders if they call before actually getting into the buy, because I want them to be very careful. And celebrate their profit taking for now
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Sunday, October 4, 2009
Analysis for Karachi Stock Exchange this week
Technical Forecast for KSE-100
For the First Week of Oct, 2009
By
Khalid Saifuddin
Sunday Oct, 4th 2009
Hi Folks:
Oops; thanks Almighty the volatile week is over, well I am happy for most of my clients who are already off loaded, and availed the opportunity of buying back few scrip on low.
I am still with my last statement that aggressiveness in bulls declined, and we are still under the correctional phase though the Friday bulls run was mainly because of the delay in Client level margining system, it is also been proved that the immense foreign buying wasn’t able to push the bears aside.
I am not looking into a severe bearish trend but I want traders to be prepared for any downside dip and avail the low buy opportunity. Let me tell you the best thing in ongoing trend is intraday correction which is keeping the index stable that will stabilize the market in future.
No trend is established yet, Selling pressure still exist in market closing below 9375 – 9420 from Tuesday to Thursday can bring little panic to the market.
Increasing foreign investment will strengthen the bulls.
Debate over NRO and Kerry Lugar bill can shake the confidence
Key Levels
9724
9648
9554
9440-9432
9305-9315
Caution: Bears are still focused ………Be Careful
Market Last Week Analysis:
Well last week was much volatile and Foreign buying played a vital role in keeping bulls in the ring; as mentioned in last report the aggressiveness of bulls will be low and it is about to loose their control on market.
I am happy for those traders who followed our off loading call earlier to the past week, our further view in our morning briefing was “The current political development and the on going debate on NRO may cause some selling pressure in the market, moreover the new Client Level Margining System will also encourage local investors to off load their positions, though the foreign investors doesn’t seems bothered.
Thursday market was volatile and seems to be controlled by Bears, but I will see its closing still near the bouncing zone. Corporate announcement will play vital role today.
Trading above 9346 will bring bulls back in ring; foreign buying of 2,143,912 USD is an additional support for bulls. Bulls will get more energy over 9441. Closing below 9298 on Friday will appreciate the Bears to control the next week.
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
For the First Week of Oct, 2009
By
Khalid Saifuddin
Sunday Oct, 4th 2009
Hi Folks:
Oops; thanks Almighty the volatile week is over, well I am happy for most of my clients who are already off loaded, and availed the opportunity of buying back few scrip on low.
I am still with my last statement that aggressiveness in bulls declined, and we are still under the correctional phase though the Friday bulls run was mainly because of the delay in Client level margining system, it is also been proved that the immense foreign buying wasn’t able to push the bears aside.
I am not looking into a severe bearish trend but I want traders to be prepared for any downside dip and avail the low buy opportunity. Let me tell you the best thing in ongoing trend is intraday correction which is keeping the index stable that will stabilize the market in future.
No trend is established yet, Selling pressure still exist in market closing below 9375 – 9420 from Tuesday to Thursday can bring little panic to the market.
Increasing foreign investment will strengthen the bulls.
Debate over NRO and Kerry Lugar bill can shake the confidence
Key Levels
9724
9648
9554
9440-9432
9305-9315
Caution: Bears are still focused ………Be Careful
Market Last Week Analysis:
Well last week was much volatile and Foreign buying played a vital role in keeping bulls in the ring; as mentioned in last report the aggressiveness of bulls will be low and it is about to loose their control on market.
I am happy for those traders who followed our off loading call earlier to the past week, our further view in our morning briefing was “The current political development and the on going debate on NRO may cause some selling pressure in the market, moreover the new Client Level Margining System will also encourage local investors to off load their positions, though the foreign investors doesn’t seems bothered.
Thursday market was volatile and seems to be controlled by Bears, but I will see its closing still near the bouncing zone. Corporate announcement will play vital role today.
Trading above 9346 will bring bulls back in ring; foreign buying of 2,143,912 USD is an additional support for bulls. Bulls will get more energy over 9441. Closing below 9298 on Friday will appreciate the Bears to control the next week.
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Thursday, October 1, 2009
Karachi Stock Exchange for 2nd October, 2009
Morning Briefing for Friday 2nd October, 2009
Very careful and gauge the pressure
Thursday market was volatile and seems to be controlled by Bears, but I will see its closing still near the bouncing zone. Corporate announcement will play vital role today.
Trading above 9346 will bring bulls back in ring; foreign buying of 2,143,912 USD is an additional support for bulls. Bulls will get more energy over 9441. Closing below 9298 on Friday will appreciate the Bears to control the next week.
KSE-100
Key Levels
9512
9445
9384
9318
9298 - 9278
9200
ATRL – Risky (Board Meeting October, 1st, 2009 – Waiting for announcement)
Touched the last resort and opportunity of bouncing back, corporate announcement might help.
AICL – Reached its last resort – Bouncing possibility – Sellers seems exhausted
Buying at this level recommended with stop loss of 108.
NBP – Bears will loose control, trading above the 83.65 may strengthen bulls
82.60 level accurately tested, do not panic, still hopes for Bulls
AHSL – Stay Bullish, but market trend may give some pressure, level accurately tested, do not hold if closed below 42 today
APL – Currently bearish trading close to its bottom support
349.10 Long term Support (last Resort)
Closing below 356 Get out
Trading above 360 will give hopes
JSCL Bullish still hope to achieve 45
DGKC – Bearish – Do not enter – Stay out of it
LUCK – Bearish – Do not enter – Stay out of it
Must trade and close positively to get some bullish hope
HBL-More chances of going up, right now honoring its support, trading above 124 is good
Closing below 123.25 will be bearish for the scrip
JOVC – Stay Bullish – Hold
KOHC – Currently Bearish
8.20 Strong support
MCB – Currently Bearish – Do not enter
205.30 Strong Support
OGDC – Currently Bearish – Do not enter – Buy around 104.50
PASL – Exhausted Bulls observed, trading and closing above 6.90 will be bullish
Downside trend possibilities need to observe closely on Friday
PRL – Currently Bearish – Trading and closing above 123.15 – Must out of it break 110
For further analysis for any KSE scrip
Please Call
0345-276 8680
Or 021-432 2359
We recommend the entry and stop loss for daily traders
Disclaimer: This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Subscribe to:
Posts (Atom)
