Morning Call 26/09/2014 : KSE 100 Index closed down by -155.53 - TopicsExpress

Morning Call 26/09/2014 : KSE 100 Index closed down by -155.53 points and closed @ 29940.27 on Thursday. KSE Index witnessed political unrest and foreign selling kept market bearish. Market closes below 30k which can drag index down to 29600. 30k level is turning into psychological barrier for investors. Market will remain volatile so we advise investors to stay cautious and invest in fundamentally strong shares. Market RSI is at neutral zone @ 57.20. Index support is at 29850 & 29650 while resistance is at 30150 & 30350. We advise our members to start Accumulate Our Premium Mentioned Shares at every dip. Market will remain volatile on the back of political uncertainty. Short Term correction is healthy for the market which will create a buy opportunity for investors. For Premium Calls please Inbox us. Regards, Admins.

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