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.
Thursday, October 8, 2009
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.
Wednesday, September 30, 2009
What is Happening in Karachi Stock Exchange
*******Delayed Flash*******
Sent to all Members
Last night at 10 pm
Morning Briefing for Thursday 1st October, 2009
By
Khalid Saifuddin
Bulls may get back soon avoid holding, do not miss buying opportunity
The roller coaster ride continues, I think the corporate announcement today will play the vital role for the market. Closing above 9318 will light the hope in Bulls. Market touched the bouncing zone, so does not panic until you see the closing below 9318. I like the way market getting its correction.
KSE-100
Key Levels
9718
9645
9562
9512
9445
9384
9318
9181
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.
Saturday, September 26, 2009
Karachi Stock Exchange for September, 09
Technical Forecast for KSE-100
For Last week of Sept, 2009
ByKhalid Saifuddin
Saturday Sept, 26th 2009
Hi Folks:
Wow last couples of days in fact couple of weeks were amazing, nobody was expecting this much gain in the market. Market achieved 2487 points which is 34.65% from July first to 25th September. Foreign buying played a vital role in above said development. Now the aggressiveness of bulls getting low and it is about to loose their control on market. The trend of the market is still bullish, though the correction is due. And remember correction does not mean the Bearish trend it is always a healthier sign for the market. The last day of the week was very much volatile where market try to take its utmost correction for the day, so the Friday low was very close to the first bouncing line and now onwards we could expect the second possibility of bouncing at 9512. I appreciate all those traders who followed our off loading call on Thursday and Friday, now we like our traders to wait for a better buy. Market already absorbs most of the dollars by trading on upper limits of the channel, and now I don’t see any excitement because of the foreign investment.
Key Levels
9933
9718
9633
9445
Caution
No Excitement off load your positions without panicMarket
Last Week:
Now the aggressiveness of bulls getting low and it is about to loose their control on market.The supporting trend line of the market is still bullish, though the correction is due. Monday closing above 9128 will be the bullish continuation and later it will add more energy to the bulls, Closing below 8915 brings more disaster to the bulls, and it appreciates the bears for few days. Whoever off load position on this week high will be the winner.I recommend my traders and investors to start getting out of the market here
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 Last week of Sept, 2009
ByKhalid Saifuddin
Saturday Sept, 26th 2009
Hi Folks:
Wow last couples of days in fact couple of weeks were amazing, nobody was expecting this much gain in the market. Market achieved 2487 points which is 34.65% from July first to 25th September. Foreign buying played a vital role in above said development. Now the aggressiveness of bulls getting low and it is about to loose their control on market. The trend of the market is still bullish, though the correction is due. And remember correction does not mean the Bearish trend it is always a healthier sign for the market. The last day of the week was very much volatile where market try to take its utmost correction for the day, so the Friday low was very close to the first bouncing line and now onwards we could expect the second possibility of bouncing at 9512. I appreciate all those traders who followed our off loading call on Thursday and Friday, now we like our traders to wait for a better buy. Market already absorbs most of the dollars by trading on upper limits of the channel, and now I don’t see any excitement because of the foreign investment.
Key Levels
9933
9718
9633
9445
Caution
No Excitement off load your positions without panicMarket
Last Week:
Now the aggressiveness of bulls getting low and it is about to loose their control on market.The supporting trend line of the market is still bullish, though the correction is due. Monday closing above 9128 will be the bullish continuation and later it will add more energy to the bulls, Closing below 8915 brings more disaster to the bulls, and it appreciates the bears for few days. Whoever off load position on this week high will be the winner.I recommend my traders and investors to start getting out of the market here
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.
Tuesday, September 8, 2009
KSE-100 for Sept, 2009
Technical Forecast for KSE-100
For 2nd week of Sept, 2009
Hi Folks:
The past whole week was amazing for bulls and surprising for bears, or those who were expecting some correction. Market achieved 10% gain in just two weeks. Remember I pointed out last week that the bulls look more aggressive then ever. Friday market reached the highest level, and now market again in position to have some correction, but the continues foreign buying is making bulls crazy.
I will still call the foreign buying a major source for bullish sentiment, the continuation in foreign buying will build the confidence in local investors, well remember CFS is still in a pipeline and it may add some more points to the market.
To see the recommended sectors for buying please call our office.
I still recommend my investors/traders to do not get excited with the trend, avoid holding positions; keep watching the foreign interests and political development within and outside the country.
KEY Levels
9536
9210
9123
9027
8969
8937
8865
8781
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
Caution:
I don’t want my readers to get excited for any trend, make your mind and check your scrip position before getting into the market.
And remember good trader always follows the market, Market never follow your trade.
As per my understanding it is required to investigate and analyze the immense buying in our stocks, I do not see any big events happening in the market, the corporate announcements are not hitting any records. So stay tune with the news
No Excitement and No Panic
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 2nd week of Sept, 2009
Hi Folks:
The past whole week was amazing for bulls and surprising for bears, or those who were expecting some correction. Market achieved 10% gain in just two weeks. Remember I pointed out last week that the bulls look more aggressive then ever. Friday market reached the highest level, and now market again in position to have some correction, but the continues foreign buying is making bulls crazy.
I will still call the foreign buying a major source for bullish sentiment, the continuation in foreign buying will build the confidence in local investors, well remember CFS is still in a pipeline and it may add some more points to the market.
To see the recommended sectors for buying please call our office.
I still recommend my investors/traders to do not get excited with the trend, avoid holding positions; keep watching the foreign interests and political development within and outside the country.
KEY Levels
9536
9210
9123
9027
8969
8937
8865
8781
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
Caution:
I don’t want my readers to get excited for any trend, make your mind and check your scrip position before getting into the market.
And remember good trader always follows the market, Market never follow your trade.
As per my understanding it is required to investigate and analyze the immense buying in our stocks, I do not see any big events happening in the market, the corporate announcements are not hitting any records. So stay tune with the news
No Excitement and No Panic
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.
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