Technical Forecast for July 27th - 31th, 2009
By
Khalid Saifuddin
Sunday July 26th, 2009
Gear up for some more Pressure
Do not short on Monday
Hi Folks:
As I said earlier market is trading close to its highs, now the Bears got 65% control of the market, for last 2 weeks I was informing you guys, that I am not convinced for any strong bullish continuation. Most of the traders think the monetary policy is the major cause of the Friday pressure, but here I do not agree, well the rescheduling of the date of monetary policy can only make market more volatile that’s all.
Market is very accurately following its technical. Now I will call all traders to gear up for more pressure in market and buy new positions on given supports. (For more precise supports for intraday traders please call our office) I will suggest traders to watch our for any foreign selling this week, the past week FIP added more positions to their portfolio which is the only positive sign for the market
and if this will supported by some development in political and economic news will get market into its new channel which is already
initiated but not confirmed yet. Buying on Friday low can profit this week. We can experience some low volumes this week.
Key Levels for this week (Please call for intraday Key levels)
R 2 7931
R 1 7864
S 1 7725
S 2 7526
Recommendations: Target your buying on support level. It is recommended to short/immediate offload on certain scrip for now
Recap: As per my last week analysis and last couple of morning calls I strongly suggested offloading remaining positions, Now I congratulate all those who did that; luckily we got a great opportunity on Thursday to offload on amazing high. The whole week we experienced the market was controlled by the sellers. In my Friday call I predicted the negative 140 points which comes true by having low of 7732. Market only rose by 0.25% this week. So profit taking is proved once again right?
For precise KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359
We cater with live calls to our exclusive clients
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.
Sunday, July 26, 2009
Thursday, July 16, 2009
Morning Call Dhian for Friday 17th, July, 2009
KSE-100 Over Bought
Market already had correction today and I am looking at more profit taking tomorrow, to stay in bullish trend market required to close above 7750, closing negatively will be weaker sign for the market.
Our level of 7670 was tested today and for Friday it may work as support again breaking this level will might take market to 140 negative points.
Recommendation: Profit taking, off load most of the scrip, some scrip still need to add more to your portfolio.
Expect some Volitality for 2 political updates
1. Meeting of Mr. Shariff with the president
2. SC decision about Mr. Shariff
Foreign Investor Portfolio
Thursday, July 16, 2009
Net Buy/(Sell)USD 292,544
July 13, 2009 to July 16, 2009
Net Buy/(Sell)USD 6,859,796
source NCCPL
For Further information please call 021-432 2359 or 0345-276 8680
or email safelyinvest@gmail.com
Disclaimer This report is prepared solely for information and data purposes. The above is not recommendation to buy or sell. 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.
KSE-100 Over Bought
Market already had correction today and I am looking at more profit taking tomorrow, to stay in bullish trend market required to close above 7750, closing negatively will be weaker sign for the market.
Our level of 7670 was tested today and for Friday it may work as support again breaking this level will might take market to 140 negative points.
Recommendation: Profit taking, off load most of the scrip, some scrip still need to add more to your portfolio.
Expect some Volitality for 2 political updates
1. Meeting of Mr. Shariff with the president
2. SC decision about Mr. Shariff
Foreign Investor Portfolio
Thursday, July 16, 2009
Net Buy/(Sell)USD 292,544
July 13, 2009 to July 16, 2009
Net Buy/(Sell)USD 6,859,796
source NCCPL
For Further information please call 021-432 2359 or 0345-276 8680
or email safelyinvest@gmail.com
Disclaimer This report is prepared solely for information and data purposes. The above is not recommendation to buy or sell. 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, July 15, 2009
Karachi Stock Exchange " Dhian for 16th July, 2009"
Dhian for 16th July 2009
KSE-100 tomorrow
Over bought
Buyers seems exhausted
Foreign Investment increased by USD$ 5,106,652 today
Recommendation Profit taking
Call for further details
021-432 2359 or 0345-276 8680
KSE-100 tomorrow
Over bought
Buyers seems exhausted
Foreign Investment increased by USD$ 5,106,652 today
Recommendation Profit taking
Call for further details
021-432 2359 or 0345-276 8680
Sunday, July 12, 2009
KSE-100 for 13th to 17th July 2009 Karachi Stock Exchange
By Khalid Saifuddin July, 12th , 2009 9:00 pm
Market is either a daring adventure, or nothing.
You already got these for now Profit taking only
Profit taking will be a secure decision
Hi Folks:
As per my last week analysis I suggested offloading remaining positions on Monday high, I congratulate all those who did that; though we have seen some amazing high on Tuesday. But later whole week we have seen market below Monday closing and as per my forecast we got the opportunity of buying back with correction and market made a low of 7430. I am still not looking at any bearish trend, but I am not convinced for any strong bullish rally from here. Market is trading close to its highs (I mentioned this last week) and I feel more sideways activity or mild bullish activity. My last week off loading call was because of the same feeling. Market only rose by 0.42% this week. Proved right? Technically market is not prepared for strong bullish rally unless it breaks 7670 with the pressure in first two days of the week. Increasing foreign interest in the market is the positive sign for the market though the buying was less then the last week. But I do not feel any panic selling in their portfolio. Another positive expectation is the in coming future product to the market.
Don’t forget to check your achievement ( to see that call us 9221-499 4322 or email us ar safelyinvest@gmail.com
Key Levels for this week (Please call for intraday Key levels)
R 2 7671
R 1 7547
S 1 7436
S 2 7322 - 7337
I am recommending the same what I did last week “buy on certain levels and selling in few scrips right now. I do not see any reason for Panic.
For precise KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359 We cater with live calls to our exclusive clients Please call or email us for detail PDF file and for news update
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.
Market is either a daring adventure, or nothing.
You already got these for now Profit taking only
Profit taking will be a secure decision
Hi Folks:
As per my last week analysis I suggested offloading remaining positions on Monday high, I congratulate all those who did that; though we have seen some amazing high on Tuesday. But later whole week we have seen market below Monday closing and as per my forecast we got the opportunity of buying back with correction and market made a low of 7430. I am still not looking at any bearish trend, but I am not convinced for any strong bullish rally from here. Market is trading close to its highs (I mentioned this last week) and I feel more sideways activity or mild bullish activity. My last week off loading call was because of the same feeling. Market only rose by 0.42% this week. Proved right? Technically market is not prepared for strong bullish rally unless it breaks 7670 with the pressure in first two days of the week. Increasing foreign interest in the market is the positive sign for the market though the buying was less then the last week. But I do not feel any panic selling in their portfolio. Another positive expectation is the in coming future product to the market.
Don’t forget to check your achievement ( to see that call us 9221-499 4322 or email us ar safelyinvest@gmail.com
Key Levels for this week (Please call for intraday Key levels)
R 2 7671
R 1 7547
S 1 7436
S 2 7322 - 7337
I am recommending the same what I did last week “buy on certain levels and selling in few scrips right now. I do not see any reason for Panic.
For precise KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359 We cater with live calls to our exclusive clients Please call or email us for detail PDF file and for news update
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.
Sunday, July 5, 2009
KSE-100 update for 6th - 10th July 2009
Technical Forecast for July 6th - 10th, 2009
All glory comes after daring action
You got your profit – Wait to buy back
Think Bullish and Stay Bullish
By
Khalid Saifuddin
Sunday July 5th, 2009
Hi Folks:
I hope you are already off loaded most of your open positions on Friday, as I already sent profit taking call on Friday. It is good to offload more positions on Monday high. Finally market achieved Bullish trend, though we are going through War and worst economic figures BUT. Market still looks attractive; I rather call it amazing performance of the market under current scenario. Here we must think of correction, which is already started on Friday. Correction is not related to bears, it is always healthier sign for any trend.
In my last week technical views, I informed everybody about the first 2 days of the week, and confirmed the bullish trend. If you look at the market it almost did the same what I was expecting. Now I like everybody to calculate your achievement in this week.
WOW…..its more then what we expect right guys? For your ease below I try to give you the achievements on the recommended scrips.
Now we are pretty close to the upper limit of the market there are two possibilities either market will start performing range bond activities or follow the current bullish trend after the ongoing correction. Here traders must follow the cycle movement of the market to get more profit.
We have seen some immense buying pressure in foreign investor portfolio, earlier we noticed the week holding was USD$16,297,427 then this week the foreign portfolio added USD$9,740,632 this comes to the total of USD$ 26,038,059. This alone is enough to convince the local investors/traders for continuation of BULLISH trend.
I am recommending buy on certain levels and selling in few scrips right now. I do not see any reason for Panic. The preferred sectors will be Banking, Cement, Fertilizer, Automobile and Oil. Selling Refinery will be good decision.
For KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359
We cater with live calls to our exclusive clients
Last week achievements on Key LevelsHow the Key Levels reflected on KSE-100 last week
7555 Date 29 30 1 2 3 29-03 July7433 Day Monday Tuesday Wed Thur Fri Weekly7373 Open 7180 7219 7177 7296 7539 71807330 High 7237 7243 7292 7503 7573 75737315 Low 7174 7157 7177 7296 7452 71577268-7280 Closing 7206 7162 7270 7498 7471 74717222-7244 7142-7155 7119-7127
Total Volume this week 677,894,384 Volume Gain (Lost) 132,843,764Difference of high and low 416 Market Gain (Lost) 308.24
Last week achievements on Scrips
Bullish recommendation proved 95.45% trueSCRIP Friday Cls Friday.Cls Gain Achievement Trend June 26, 09 July, 3rd (Lost) Percentage ATRL 126.65 144.36 17.71 13.98% BullishANL 22.69 25.47 2.78 12.25% BullishPSO 207.17 227.01 19.84 9.58% BullishNBP 66.12 71.35 5.23 7.91% BullishOGDC 78.12 83.91 5.79 7.41% BullishPOL 146.79 155.47 8.68 5.91% BullishFFC 87.59 92.68 5.09 5.81% BullishLUCK 60.64 64.03 3.39 5.59% BullishBOP 10.65 11.2 0.55 5.16% BullishJSCL 24.01 25.24 1.23 5.12% BullishMCB 155.03 162.04 7.01 4.52% BullishAICL 85.11 88.66 3.55 4.17% BullishENGRO 129.85 134.7 4.85 3.74% BullishPPL 188.50 194.82 6.32 3.35% BullishFFBL 17.50 18.07 0.57 3.26% BullishNIB 4.82 4.96 0.14 2.90% BullishAHSL 28.27 29.09 0.82 2.90% BullishFCCL 6.71 6.9 0.19 2.83% BullishBAFL 10.71 10.88 0.17 1.59% BullishUBL 40.03 40.51 0.48 1.20% BullishNETSOL 18.08 18.1 0.02 0.11% BullishDGKC 30.97 29.58 -1.39 -4.49% Bearish
Total Scrip 22 Bullish 21 Bearish 1
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.
All glory comes after daring action
You got your profit – Wait to buy back
Think Bullish and Stay Bullish
By
Khalid Saifuddin
Sunday July 5th, 2009
Hi Folks:
I hope you are already off loaded most of your open positions on Friday, as I already sent profit taking call on Friday. It is good to offload more positions on Monday high. Finally market achieved Bullish trend, though we are going through War and worst economic figures BUT. Market still looks attractive; I rather call it amazing performance of the market under current scenario. Here we must think of correction, which is already started on Friday. Correction is not related to bears, it is always healthier sign for any trend.
In my last week technical views, I informed everybody about the first 2 days of the week, and confirmed the bullish trend. If you look at the market it almost did the same what I was expecting. Now I like everybody to calculate your achievement in this week.
WOW…..its more then what we expect right guys? For your ease below I try to give you the achievements on the recommended scrips.
Now we are pretty close to the upper limit of the market there are two possibilities either market will start performing range bond activities or follow the current bullish trend after the ongoing correction. Here traders must follow the cycle movement of the market to get more profit.
We have seen some immense buying pressure in foreign investor portfolio, earlier we noticed the week holding was USD$16,297,427 then this week the foreign portfolio added USD$9,740,632 this comes to the total of USD$ 26,038,059. This alone is enough to convince the local investors/traders for continuation of BULLISH trend.
I am recommending buy on certain levels and selling in few scrips right now. I do not see any reason for Panic. The preferred sectors will be Banking, Cement, Fertilizer, Automobile and Oil. Selling Refinery will be good decision.
For KEY LEVELS and further analysis for any KSE scrip
Please Call 0345-276 8680 or 021-432 2359
We cater with live calls to our exclusive clients
Last week achievements on Key LevelsHow the Key Levels reflected on KSE-100 last week
7555 Date 29 30 1 2 3 29-03 July7433 Day Monday Tuesday Wed Thur Fri Weekly7373 Open 7180 7219 7177 7296 7539 71807330 High 7237 7243 7292 7503 7573 75737315 Low 7174 7157 7177 7296 7452 71577268-7280 Closing 7206 7162 7270 7498 7471 74717222-7244 7142-7155 7119-7127
Total Volume this week 677,894,384 Volume Gain (Lost) 132,843,764Difference of high and low 416 Market Gain (Lost) 308.24
Last week achievements on Scrips
Bullish recommendation proved 95.45% trueSCRIP Friday Cls Friday.Cls Gain Achievement Trend June 26, 09 July, 3rd (Lost) Percentage ATRL 126.65 144.36 17.71 13.98% BullishANL 22.69 25.47 2.78 12.25% BullishPSO 207.17 227.01 19.84 9.58% BullishNBP 66.12 71.35 5.23 7.91% BullishOGDC 78.12 83.91 5.79 7.41% BullishPOL 146.79 155.47 8.68 5.91% BullishFFC 87.59 92.68 5.09 5.81% BullishLUCK 60.64 64.03 3.39 5.59% BullishBOP 10.65 11.2 0.55 5.16% BullishJSCL 24.01 25.24 1.23 5.12% BullishMCB 155.03 162.04 7.01 4.52% BullishAICL 85.11 88.66 3.55 4.17% BullishENGRO 129.85 134.7 4.85 3.74% BullishPPL 188.50 194.82 6.32 3.35% BullishFFBL 17.50 18.07 0.57 3.26% BullishNIB 4.82 4.96 0.14 2.90% BullishAHSL 28.27 29.09 0.82 2.90% BullishFCCL 6.71 6.9 0.19 2.83% BullishBAFL 10.71 10.88 0.17 1.59% BullishUBL 40.03 40.51 0.48 1.20% BullishNETSOL 18.08 18.1 0.02 0.11% BullishDGKC 30.97 29.58 -1.39 -4.49% Bearish
Total Scrip 22 Bullish 21 Bearish 1
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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