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What is happening in Karachi Stock Exchange!

By: safelyinvest send a private message
Karāchi : Pakistan | about 1 month ago  
1 0
Views: 22

Technical Forecast for KSE-100

For the 2nd Week of Oct, 2009

By

Khalid Saifuddin

Hi Folks:

I was convinced that the volatility and intraday correction will make market stabilize and it did.

Though market still in fragile zone but we got some positive development, the ongoing debate on Kerry-Lugar will be gone very soon like the NRO and Musharaf trail.

The incoming Leverage product will give more strength to the market, and we all noticed the pouring dollars are already getting high.

I am very much optimistic about the market now, though it will take little correction but eventually the market will hit the goal.

Trading above 9865 will energize the market and trading or closing below 9505 may bring pressure to the market. Now it makes sense to focus on long term holdings but investor must be very specific and choose the right time for buy.

For further analysis of any KSE scrip

Please Call

0345-276 8680

Or 021-3432 2359

We recommend the entry and stop loss for daily traders

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safelyinvest

Member Since Apr 26, 2009

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