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.
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Sunday, September 12, 2021
KSE100 Week 36-2021 : The Bulls Start to Wake Up!
Another week closed with a losing market capitalization but the last trading day made the highest gains and the trend is expected to continue in the next. So happy trading and do let us know your feedback in the comments section below.
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Technically speaking, 42800 +/- 300 is proving to be a firmly held bottom but overall bears refuse to surface. The major trend remains side ...
The week started off with the COVID-19 Omicron variant washing global markets into deep red, causing the index to briefly hit its second ma...
Thanks for blogReplyDelete
Gives us overview of trend
Hoping for the bears to go for hibernation!ReplyDelete
Sir it seems market will continue in range bound in SeptemberReplyDelete
After a long while..ReplyDelete