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.