The KSE 100 index failed to climb and sustain above 9,885pts level to reflectView more random threads:
- KSE 100-share index raise 189 points up
- Daily Karachi Stock Exchange KSE-100 Trend Review 30 August...
- Karachi Stock exchange index going up and up january 2015
- Brief Analysis of the supports and Resistance of KSE-100...
- AHMAD MONEY CHANGER in Lahore 2011
- Pakistan Prize Bond Results of 750 Rs bond drawn on 15th...
- forex broker in Karachi pakistan 2011
- PSX 31december 2020 target for KOSM
- Pakistan Open Market Forex Rates 28 August 2011
- Notice for all Clearing Members Draft Capital Gain Tax...
on any follow through to the previous weeks buying. Bears kept the lid on
any attempt of gains as the index closed deep in the red losing 262pts. The
low weekly turnover left the market on its own as the bulls are again pushed
against the wall. The index for the third time will try to break and close below
the crucial support level of 9,444pts on weekly basis, any weekly close below
that is expected to open the flood gates which could potentially force the
market below the psychological level of 9,000pts level.
Strategy for the week: 9,488pts is pivot for the week; the Index slipping below pivot is expected to trigger further selling pressure. The index sustaining
above the identified level may still offer hope of a limited recovery.
Sponsored Links
:o:o--------------------------------------------------------------------------------------:o:o
[B]The more knowledge you have, the greater will be your fear of Allah.[/B]
Please Join My [B]Group Vuhelp[/B][B], Birthday Wishing, Daily Hadees[/B] [CODE][B]http://vuhelp.net/groups/vuhelp.html[/B]
[B]http://vuhelp.net/groups/birthday-wishing.html[/B]
[B]http://vuhelp.net/groups/daily-hadees.html[/B][/CODE]
[CENTER][B][COLOR="Red"][SIZE="4"]Email: [email]viki@vuhelp.net[/email][/SIZE][/COLOR][/B][/CENTER]
There are currently 1 users browsing this thread. (0 members and 1 guests)