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.
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