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.