KSE dihan monday market (intraday)
Posted on July 30, 2011
monday ko bhi market lal (down) rahegi, is waqt sab se asan baat jo koi bhi hakeem market ke bare main bata sakta hai, market already khasi neechay hai (oversold region main hai) aur kisi bhi waqt behtri aa sakti hai.
KSE Monday KAM KI BAAT
normally jab market neechay hoti hai, they advise buy leking yahan farma rahe hain, ehtiyat se kaam len (Caution should be exercised). jiska matlab main let hon, “haath per hath bhi mat rakho” thoda thoda le bech karna hoga, takay agar kahin yahan market achanak bhagna shro hoto achay rates par sell karne ke liye haath main kuch ho.
baqi monday ke pre open par dekhtay hain
Fe Aman Allah
KSE-100: Closing below support trendline suggests pressure to continue
The index broke below its support trendline (orange line), however recovered after breaking below its 100-DMA intraday. This suggests further downside risk, with a possible test of the 200-DMA, which could coincide with its downward channel’s support trendline (brown line).
The Stochastic Oscillator maintains its downtrend however, has now become oversold, while the RSI continues to show weakness and is about to become oversold as well.
Caution should be exercised.
