Technical Forecast
By Khalid Saifuddin
June, 28th, 2009 11:00pm
Luck is what happens when preparation meets opportunity. So those who believed already got profit in their pockets. I am still Bullish for KSE-100. But remember folks I am expecting a sharp dip with the full recovery, and probably this will happen in first two days of the week. Other then that you guys have to keep eye on political and security development.
For further precise analysis and KEY LEVELS of KSE-100 or any specific scrip of Karachi stock exchange please contact @ safelyinvest@gmail.com or Call: 0345-276 8680
How the last week Key Levels worked
under the tolerance of 10 points
7025 – 7035 This one proved to be the strongest support. Its been tested 6 times
6998 This support tested twice, Tuesday and Wednesday low honored as support
7085 – 7095 This been an amazing level, the index tested it almost 10 times in 15 days
7133 High of Monday and Thursday, and then Thursday closing
7145 honored on Friday, it was also tested as high of Thursday
7158 this level worked on Friday opening and closing
7192 worked weaker on Friday
For further precise analysis and KEY LEVELS of KSE-100 or any specific scrip of Karachi stock exchange please contact @ safelyinvest@gmail.com or Call: 0345-276 8680
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