A break below 47000 +/- 300 was observed with a floor break during the week but weekly closing has once again been sustained above the floor. The bulls have begun to wave up but only their continued marching forward will ensure their survivability. Looking forward the stance should be accumulating the dip and protecting the profits. The week ahead will be the decision-maker. There is not much to analyze from this week as its continuation of the same stance.
Search This Blog
Sunday, September 12, 2021
Saturday, September 4, 2021
Market capitalization has remained flat. Gains made in one week were lost in the next. With average weekly capitalizations fluctuating in a narrow range. This doesn't really point towards anything but a painful range-bound market. There is nothing visible in immediate range to speculate on it. Hold with patience and carry on.
If you enjoyed reading this update do let us know in the comments sections below.
One of the worst post-COVID19 performances of the markets with obliteration of -2,049.27 points or -4.47%. The free fall breached all sup...
KSE100 closed a second consecutive week in red, making a weekly loss of - 1220.68 points or -2.68% . Our important benchmark of 45500 +/- ...