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 Tuesday, 16th Feb, 2010


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

Sunday, February 14, 2010

Karachi Stock Exchange for this week

Don’t worry about the judges issues; Nation is capable of handling these continuous hurdles in country’s growth
Weekly Forecast for the
3rd Week of Feb 2010

Hopes begin in
Karachi Stock Exchange
Market is nothing but the daring adventure


By
Khalid Saifuddin
Friday, 12th February, 2010

KSE-100:
Traders started breathing sigh of relief after a struggling week in Karachi Stock Exchange and than we got SC and Presidency conflict right in front of market. But don’t worry fellow citizens we are capable of handling these issues since 1947.
The whole week recorded with range bound activities with the mixed sentiments of the scrips as mentioned in last week report. But eventually market recorded some encouraging activities in last two days of the week. Volumes rose by 41% with 0.03% gain in index. Under the prevailing lack luster activities no panic selling is observed from the local or foreign institutions, though the local traders were shy of getting in to the market.
Trading above 9,842 from the beginning of the coming week will strengthen the bull’s confidence. Sustained 9,800 level is giving the hopes for testing 10,000 again.
The smaller scrips were still noticed the most vibrant participant of the market, and it may bring the blue chip back into the ring.

The whole week market was around 9,815 which was also mentioned as major resistance in last week report.

Allhumdollialh the incoming foreign remittances and upcoming BOD of banking sector will trigger the market positively, Oil sector will still perform the volatile role, Cement sector will get into the volume leaders next week.

Key Levels
10,149
10,010
9,916
9,875
9,744
9,651
9,580
9,418

Market still got the potential to reach the ultimate destination in near future. Key advice is to reschedule your portfolios and gear up for March, 2010. Buy recommended with honoring our scrip levels for high returns.

Scrip analysis will be available on Sunday the February, 14th 2010


To see detail weekly report and KSE scrip analysis please call 0213 432 2359 or 0345-276 8680 or email us at safelyinvest@gmail.com


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.



Thursday, February 11, 2010

Karachi Stock Exchange for 12th Feb 2010



Encouraging sentiments noticed from the beginning of the day, Market was trading close to the 9,800 level all day, and manage to sustain around it. Likely the traders get the proper interpretation of the corporate announcements. As mentioned in earlier postings that most of the announcements are close to the expectation.
Not much selling witnessed from local or foreign institutions.

We did not see much change in volumes, but at least traders are calm and not having any panic in their activities. market closing is encouraging for daily traders.

Trading above 9,830 on Friday will bring more buyers into the ring, buy, I wish market should not close below 9,750, where I am expecting some hiding bears.
Gear up for in coming BOD dates of banking sector which will energize traders.

Key Levels
10,002
9,953
9,897
9,830
9,786
9,740
9,640
9,564

Recommendations: I am still optimistic about the recommended stocks for holding.

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

http://www.allvoices.com/users/safelyinvest

Monday, February 8, 2010

Morning Call for Tuesday, 9th Feb, 2010


Morning Call for Tuesday, 9th Feb, 2010


Khalid Saifuddin
Safely Invest

Utmost Skill observed
From Bulls to Support the market

http://www.allvoices.com/users/safelyinvest


In last couple of sessions its been observed that the small share having more than 60% stake of the daily volume, well at least the support is coming from all directions. Blue chips were able to maintain their prices with continuous lack luster activities.
As mentioned in weekly report 9,815 was the crucial level, and bulls faced strong resistance around the given level on first day of the week.
Now market may face resistance around 9,868 once crossing this level traders may get opportunity of doing profit taking around 9,912.
Today trading over 9,783 will ensure traders for quick returns, and I recommend fresh buyers to take entries around 9,745 for good intraday trade, on the other hand breaking and closing below this level will bring selling pressure.
We are still not having any panic selling from foreign and local institution which is supporting the local traders to hold their positions.
SBP’s last three T-bills issues with lowered cut-off yields plus its recent reverse repo transaction of banks for T-bills and PIBs are good initiatives to develop liquidity of our banking system which will facilitate them to provide credit to our seeking-for-capital industries. This move will strengthen the liquidity system of our banks which is needed not only for credit creation but also to make dominant monetary management instruments, especially policy rate, more effective in setting the direction for commercial banks’ credit policies.

Key Levels
9,946
9,912
9,868
9,815
9,783
9,745
9,705

Recommendations: No panic, just honor the levels and stay with the trend and book your profit and hold selective stocks.

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

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.

Thursday, February 4, 2010

Traders breathing sigh of relief after a struggling week in Karachi Stock Exchange


Weekly Forecast for the
2nd Week of Feb 2010

Bulls reborn noticed in
Karachi Stock Exchange



By
Khalid Saifuddin
Friday, 5th February, 2010


KSE-100:
From the beginning of the week striving bulls noticed in Karachi stock exchange but wasn’t able to maintain the momentum, the activities of traders were low and the volume declined by 7%. The lack of interest from local and foreign institution was observed in first two days of the week, but later on FIPI started buying on attractive rates. The smaller scrips were in lime light all week, and the blue chip companies were silent.
Fundamentally strong companies manage to maintain their share price during the lack luster activities.
Market accurately tested our precise level by its weekly high and the strongest weekly support. The closing of the week was quite vibrant and market manages to close 1.62% above the earlier week.
MQM PPP conflict was another reason for keeping investors away from the trading hall. For now both parties reached to an agreement but the elevating differences between MQM and ANP may hurt trader’s confidence in coming week. In short the country’s political and economical condition is still not supporting investors to concentrate on their trading plans.
Allhumdollialh the incoming foreign remittances ensuring bulls a little bit. Corporate results of banking sector will lead buyers for new rally. Presently 9,815 is the major resistance for bulls and 9,672 is the strongest support for new developing channel.
It is recommended to analyze the power of the bulls before adding more positions to your portfolio, for the coming week market may follow the range bound activities if the prevailing political conflicts continue. Most likely we are going to see mix activities, possibly some scrip will follow their own trend instead of following the index.
Key strategy for the week will be climbing with the momentarily profit taking.

Key Levels
10,036
9,940
9,815
9,672
9,566
9,395

Market still got the potential to reach the ultimate destination in near future. Key advice is to reschedule your portfolios and gear up for March, 2010. Buy recommended on given support levels for high returns.

Scrip analysis will be available on Sunday the February, 7th 2010


To see detail weekly report and KSE scrip analysis please call 0213 432 2359 or 0345-276 8680 or email us at safelyinvest@gmail.com


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, February 3, 2010

Karachi Stock Exchange with Hopes

Morning Call for Thursday, 4th Feb, 2010

Khalid Saifuddin
Safely Invest

Visit: http://www.allvoices.com/contributed-news/5158220-limited-activities-observed-in-karachi-stock-exchange-looking-for-trend

Limited Activities observed
In Karachi Stock Exchange


Market begins with lack luster activities because of the yesterday Sindh assembly event, all day traders were busy analyzing the consequences of breakup between the two major allies of the present government. Now the access to Rangers for law enforcement will bring sigh or relief to investors.
As earlier mentioned technically market enjoying the comfortable zone, now it is getting very close to the breakout, for the last day of this week it is required for bulls to have positive closing or at least above 9,636. On the other hand closing below 9,589 will bring some serious bears into the market.
Improved law and order situation can bring Foreign and local institutions back into the ring.

Key Levels
9,800
9,754
9,693
9,662
9,553
9,458
9,318
I recommend the intraday traders for banking and selective oil scrip for the last day of the week.

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

Tuesday, February 2, 2010

MQM and PPP conflict empowering Bears In Karachi Stock Exchange

Morning Call for Wednesday, 3rd Feb, 2010

Khalid Saifuddin
Safely Invest

MQM and PPP conflict empowering Bears
In Karachi Stock Exchange

Market begins with energy and excitement of bulls, most of the hours market comfortably traded around 9,650. Tough the investors were still concerned of issues, but at least they break the silence by participating excitedly.
Technically market still in a comfortable shape, but the serious conflict between the two parties of the elected government can take all the excitement out of the bulls.
Now it is very necessary to analyze the consequences of ongoing conflict and future impact on administration.
Market can get better over 9,716 and get worst below 9,550.

Still lack of Interest from Foreign investors, local institutions and traders were recorded feared selling. Elevating political and economical uncertainty can hurt the first quarter expectation of the investors.

Key Levels
9,782
9,750
9,716
9,651
9,549
9,465
9,392
9,322

I recommend the intraday traders to observe the situation very closely before getting into trade – do no wait to book their profits.

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