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Saturday, March 23rd, 2019

Bullish Theme Intact

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Karachi: Immediate support intact around 11869 is expected to allow a recovery towards 12097~12133 area. Inability to hold aforementioned support would expose deeper support in 11782~11766 levels. Keeping faith with encouraging signals on weekly momentum data (MACD, RSI,STS), and short-term base intact in 11685~11500 area, we continue to aim for strength towards 12466 and 12764 levels. Traders are suggested to capitalize at weakness. Preferred stocks include PSO, OGDC, ENGRO, NML, PTC, DGKC, UBL, NBP, and MCB.

For more information contact:
AKD Trade
Suite # 207, 2nd Floor
Continental Trade Centre,Block 8, Clifton
Karachi – Pakistan
UAN: 111-253-253
Branch UAN: 111-253-111
Fax: (+92-21) 3583-6517

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