Shirjeel Bhai this is for you - DGKC

Sir

Finally good days for you. the DGKC will make a little DIP up to 25 the rally seems to be intact targeting at 35. Please if you want to close at this point close  your position and get out of this scrip.

There will be some resistance at 29 and finally at 35 after that clean way is seen up to 42. Its up to you you keep it or close it. 

Technically the the price has break the 55 and 20 days SMA plus a MACD signal line cross over is also made so we see a powerful buying in this scrip last high is also made in the August of 2009. So we will probably see the high in the up coming month.

The price break of 23 get out of the market.

Regards
Sheikh Sheraz Ali 

Dow Jones CFD's

Hi All

This is the chart which interests me the most.

Recently we have seen the rally in the wall street. The last Friday selling depict a different  picture. The rise from 9565 to 10420 come to a halt. Technically the overall picture is still on the bear side. We will see a further selling as the index does not able to hold the key 55 day SMA. in the last hour the price find a support at 21 day SMA.The index is seem to retrace by 50% up to 10000 level. So my instance is to remain short up to 10,000. The support at this level will make us to re-decide whether to close our short or not.

Further the 9800 level break will give confirm our stance stance that the bears are in hold overall picture is to  net short rather than net long.

The break of 10600 level will make us confirm a further rally to 11700.

So right now all the bears folks seems to be in control. But the key levels are very important for bulls i.e. 10000 and 9800. Lets see who will win the race.


The following are the trading strategies.

Strategy 1  (Remain Short )
Entry Level	10,150
First Profit Target (50%)	10,000
Second profit target	9,800
First stop / loss limit	10,275
Strategy 2 (Wait to retrace for long position)
Entry Level	10,000
First Profit Target (50%)	10,450
Second profit target	10,600
First stop / loss limit	9,800

KSE -100 index Further move

Chart is at the end of the post.

Dear Followers

The happy time has started now in the KSE - 100 (KSE) index the chart depicted below indicates a very critical move in the  (KSE). The daily price range has break the 20 days SMA as well as 45 day SMA. We expect that the index will get a retrace around the 9800 level. but overall the KSE is targeting it last high of 10,700. The price break above this will move a head rally to target to 11,500. So overall the picture is to invest from this range. The following are the suggestions.

Strategy 1  (Enter now )
Entry Level		10,200
First Profit Target (50%)		10,700
Second profit target		11,500
First stop / loss limit		9,800
Strategy 2 (Wait to retrace)
Entry Level		10,800
First Profit Target (50%)		10,700
Second profit target		11,500
First stop / loss limit		9,450

The current price action tell the market will remain a little but sideways and try to retrace to 9800 (Level). The rest is up to you folks.  But the picture is seems to be very sound now. Every where is strength.

Hope this week will bring lots of pip and spread to you guys.