Technical analysis of Karachi Stocks
1/9/2012 11:21:20 AM
The technical analysis showed that Halal Stocks KMI-30 share index short term MA (15), intermediate MA (45) and long term MA (100) profiles are bearish. Resistance around 20,195.48 resulted in a marginal break of 19,820.31 Support. Could adjust further to 19,660.27 ~ 19,445.14 area. We view last couple retreats as momentary reaction. As all the profiles are bearish therefore Stay Short!
No comments:
Post a Comment