By:
Stock Master
KSE100:
After taking a bounce from predicted low, index surged back but faced
resistance at DMA10. For bull run to continue, index must close above 30800 on
daily basis.
For those in long
positions should aim for profit taking between EMA 65 – 75 – 90 on charts of
respective individual scrips. Closing above lower EMA set the target for
next higher EMA while the lower one acts as support / stop loss. However, we
expect market to come down in next few trading sessions.
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