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Wednesday, November 27, 2019
KSE 100 - The Green Comeback - Update 27 Nov
Market maintained its see-saw trajectory which remains the hallmark of rollover period and honored its first support at 37700 +/- 100 points as predicted on 26 Nov. Impact of political noise appeared minimal. Today's dip once again presented an opportunity for short-sellers to exit their positions while investors accumulated on dip.
Looking forward, we reinstate out expectations of 38500-38900 +/- 100 points as next resistance level and do nothing other than wait.
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