Karachi Stock Exchange Today

Dhian for KSE-100 Thursday 15th October, 2009

I am happy at least traders are stop discussing the client level margin; well I still see opportunity of dip in market, now the Blast in Kohat and couple of shooting events in Lahore can be a reason for current downside movement but I don’t think it gonna stay long, and eventually this will benefit the new buyers. As I pointed out earlier the level of 9,843 will be decisive level for the market. I think we are almost out of correctional trend and I am sure this week closing will clarify lot of things and establish the market trend! Inahallah. I am pretty much optimistic about the approval of Kerry-Lugar Bill.

High 9,936

Low 9,781

Current 9,825

Key Levels

10,055

9892

9,843

9,798

9710

9,667

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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.