safelyinvest

Dhian for Thursday November 5th, 2009
Khalid Saifuddin
SafelyInvest

KSE-100 - Market is out of depression right now

Foreign Buying of USD 4,433,853 makes mutual funds buy for USD 3,067,062.
Intraday with same day profit taking suggested. I wish we do not see any more explosions inshallah.
• Bulls will get crazy after breaking 9265.
• Closing below 9100 may get some bears back in ring.
Profit taking recommended around 9370. You might get your positions back in cheaper price.
Last resort for the market 8,925 (if closed below)
Key Levels
9,383
9,265
9,238
9,192
9,142
9,035
8,975
8,925