Roller Coaster Rides in Karachi Stock Exchange

Morning Call for Wednesday, 12^th May, 2010

My Grandpa used to say

“Camel scares you in both ways while sitting down or getting up”

By

Khalid Saifuddin

Tuesday, 11^th May, 2010

Market Outlook:

Once again Karachi Stock Exchange plunged by 79 negative points today by closing at 10,209.

Heavy foreign buying in last couple of weeks failed to rescue the bulls, though still foreign stake is fair enough in the market, and we may see a come back in couple of days with new buying, as they are looking for target buying.

In fact market is getting pressure from all directions, the economic indicators, political side, and protest on various issues, MQM and PPP tussle, conflict between Judiciary and presidency and many more in pipeline. I also see escalating pressures from foreign countries.

Local investors decided to remain sideline and not convinced to participate enthusiastically, and this reflected in volumes, thanks to low price shares contributing most of the volumes in market.

Safely Invest alerted investors in last week report about the possible threat of downslide; our last exit call was on 10,508.

Future Outlook:

Currently market trend is severe bearish engulfing with breaking most of the strong trend lines. Market may see a little bounce in early hours on Wednesday but difficult to maintain the momentum – Now market is under immense selling pressure and it may continue. Though the weaker bounce is opportunity to exit, as from the beginning of week I was keep saying any upside trend will only be a corrective move

Buyer participation is expected with the institutional and foreign buying, and hope for bulls began over 10,403 only. Market preparing to test 10,050 levels, intraday traders recommended entering above 10,123 and placing stop loss below the same.

Most of our buy calls honored in depressive situation and the credit goes to our strategy “TRADING ON LEVELS”.

TRADING ON LEVELS is the only secure strategy in markets

Key Levels

10,449

10,350

10,296

10,254

10,123

10,069 - 10,046

9,965

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.

Another Depressive day in Karachi Stock Exchange

Morning Call

for Thursday, 4^th March, 2010

Khalid Saifuddin

Safely Invest

Market begin with the hope for recovery and resulted in heavy selling pressure, earlier given levels honored accurately but the feared activities of the traders along with the low volumes helps bears gaining power.

Mutual funds and Local traders were still busy in selling, while the foreign investors still look confident on their buying.

As indicated earlier bulls are still not having hopes for gaining control, their hope begins over 9,632.

It will be awesome if market rebound from its current closing otherwise Breaking 9,385 will get support around 9,305; if the pressure continues like the way its going we may see 8,836 very soon.

Market is still under heavy influence of bears, corporate announcement will bring more volatility, and intraday traders must justify their stop loss as per the volatility.

In short do not unlock your seat belts as you know you are in a roller coaster ride.

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.

Re-analyze the trend before getting into trade - KSE 100

Morning Call

for Tuesday, 23^rd Feb, 2010

Khalid Saifuddin

Safely Invest

Bulls were still not able to cross the finish line

Opportunities are often the beginning of success

Daring efforts noticed from the beginning of the day, some profit taking also observed in the middle of the day to strengthen the trend, later on the journey continues.

Well bulls were still not able to cross the earlier mentioned resistance though then manage to get into the area once. Now its ideal for bulls to trade over 9,976 from the beginning and try closing over 10,010 with daring efforts.

Breaking 9880 will change the market sentiment and that will get support from 9,811.

Some scrip created panic in the market, but most of the companies perform well. And I hope everybody noticed banks are about to hit the target price.

I am still stick to my weekly recommendation, to be careful for holding too many position until market closed above the strongest resistance. Currently corporate announcements supporting the index, as we do not see much interest of investors in market.

Do not lose the opportunity of buying in any dip, buying by following the levels can be a profitable strategy. (Contact us for precise levels of KSE-100 and scrip)

Recommendations: The optimism continues; follow the targets given for March, 2010. Banking still looks comfortable.

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

http://www.allvoices.com/users/safelyinvest

Dancing Bulls in Karachi Stock Exchange - Thank You PM and CJ for letting Nation concentrate on their job

Morning Call for Thursday, 18th Feb, 2010

Khalid Saifuddin
Safely Invest

Dancing Bulls in Karachi Stock Exchange
Thank You PM and CJ for letting Nation concentrate on their job

Daring efforts resulted in a comfortable journey of Bulls, from the beginning of the day aggravated bulls noticed in Karachi stock exchange. Above 9,900 profit taking witnesses which was later supported from 9,865.
Meeting of PM and CJ credited for the bullish move; the striving efforts were indicated in last couple of calls and at last the meeting enable the breakout.
The corporate announcements are still not bad, taking index to test the 10,000 very soon.
Market may show some early resistance around 9,880, later on the journey goes on by honoring the levels.
Do not lose the opportunity of buying in any dip, buying by following the level can be a profitable strategy.

Recommendations: The optimism continues; follow the targets given for March, 2010. Banking still looks comfortable.

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

Morning Call for Karachi Stock Exchange

Morning Call

for Tuesday, 16^th Feb, 2010

Khalid Saifuddin

Safely Invest

Ongoing Conflict between CJ and Presidency elevated the fear in small & daily traders

Once again the political crisis of the country made life miserable for the small investors and intraday traders. The past week bulls strived hard to gain the confidence in market, but unfortunately their confidence is strongly hit by current political development and media hype about the ongoing anarchy in the country.

From the beginning of the day market was under control of bears, initially low volumes noticed but later on around 9,690 some buying witnessed with shaky confidence. Feared bulls manage to sustain the 9,700 level, but still not confident to go long under prevailing selling pressure.

Now the last hope of the traders for market to trade above 9,708 all day on Tuesday with volumes, and this will also minimize the current bearish threat in market. If buyers manage the given level than market will be trading in a range of 9,700 and 9,955 for the following week, 9,871 will work as resistance for the market.

Trading below Monday’s low and closing negative will strengthen the bears for upcoming Bearish trend, from where market will follow the new track.

Banking sector along with the upcoming board meetings can play supportive role in market. If market unable to recover lost points before Wednesday, than it is recommended for traders to plan their exit strategy.

Key Levels

9837

9786

9746

9697

9657

9582

9520

Recommendations: The optimism about the economic growth and the expectation about the holding scrip are related to future development of the country’s political and administrative matters.

I recommend my leaders and administrative bodies to please concentrate on Poverty, Education, Health, Drinking Water, Power crisis, GDP, Unemployment, Foreign Investment and many more issues instead of running behind the power game

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

Investment in Pakistani Stock Market

Don’t worry about the judges issues; Nation is capable of handling these continuous hurdles in country’s growth
Weekly Forecast for the
3rd Week of Feb 2010

Hopes begin in
Karachi Stock Exchange
Market is nothing but the daring adventure

By
Khalid Saifuddin
Friday, 12th February, 2010

KSE-100:
Traders started breathing sigh of relief after a struggling week in Karachi Stock Exchange and than we got SC and Presidency conflict right in front of market. But don’t worry fellow citizens we are capable of handling these issues since 1947.
The whole week recorded with range bound activities with the mixed sentiments of the scrips as mentioned in last week report. But eventually market recorded some encouraging activities in last two days of the week. Volumes rose by 41% with 0.03% gain in index. Under the prevailing lack luster activities no panic selling is observed from the local or foreign institutions, though the local traders were shy of getting in to the market.
Trading above 9,842 from the beginning of the coming week will strengthen the bull’s confidence. Sustained 9,800 level is giving the hopes for testing 10,000 again.
The smaller scrips were still noticed the most vibrant participant of the market, and it may bring the blue chip back into the ring.

The whole week market was around 9,815 which was also mentioned as major resistance in last week report.

Allhumdollialh the incoming foreign remittances and upcoming BOD of banking sector will trigger the market positively, Oil sector will still perform the volatile role, Cement sector will get into the volume leaders next week.

Key Levels
10,149
10,010
9,916
9,875
9,744
9,651
9,580
9,418

Market still got the potential to reach the ultimate destination in near future. Key advice is to reschedule your portfolios and gear up for March, 2010. Buy recommended with honoring our scrip levels for high returns.

Scrip analysis will be available on Sunday the February, 14th 2010


To see detail weekly report and KSE scrip analysis please call 0213 432 2359 or 0345-276 8680 or email us at safelyinvest@gmail.com


Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.

Karachi Stock Exchange for Friday 12th Feb 2010

Encouraging sentiments noticed from the beginning of the day, Market was trading close to the 9,800 level all day, and manage to sustain around it. Likely the traders get the proper interpretation of the corporate announcements. As mentioned in earlier postings that most of the announcements are close to the expectation.
Not much selling witnessed from local or foreign institutions.

We did not see much change in volumes, but at least traders are calm and not having any panic in their activities. market closing is encouraging for daily traders.

Trading above 9,830 on Friday will bring more buyers into the ring, buy, I wish market should not close below 9,750, where I am expecting some hiding bears.
Gear up for in coming BOD dates of banking sector which will energize traders.

Key Levels
10,002
9,953
9,897
9,830
9,786
9,740
9,640
9,564

Recommendations: I am still optimistic about the recommended stocks for holding.

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

http://www.allvoices.com/users/safelyinvest

Morning Call for Tuesday, 9th Feb, 2010

Morning Call for Tuesday, 9th Feb, 2010

Khalid Saifuddin
Safely Invest

Utmost Skill observed
From Bulls to Support the market
http://www.allvoices.com/users/safelyinvest


In last couple of sessions its been observed that the small share having more than 60% stake of the daily volume, well at least the support is coming from all directions. Blue chips were able to maintain their prices with continuous lack luster activities.
As mentioned in weekly report 9,815 was the crucial level, and bulls faced strong resistance around the given level on first day of the week.
Now market may face resistance around 9,868 once crossing this level traders may get opportunity of doing profit taking around 9,912.
Today trading over 9,783 will ensure traders for quick returns, and I recommend fresh buyers to take entries around 9,745 for good intraday trade, on the other hand breaking and closing below this level will bring selling pressure.
We are still not having any panic selling from foreign and local institution which is supporting the local traders to hold their positions.
SBP’s last three T-bills issues with lowered cut-off yields plus its recent reverse repo transaction of banks for T-bills and PIBs are good initiatives to develop liquidity of our banking system which will facilitate them to provide credit to our seeking-for-capital industries. This move will strengthen the liquidity system of our banks which is needed not only for credit creation but also to make dominant monetary management instruments, especially policy rate, more effective in setting the direction for commercial banks’ credit policies.

Key Levels
9,946
9,912
9,868
9,815
9,783
9,745
9,705

Recommendations: No panic, just honor the levels and stay with the trend and book your profit and hold selective stocks.

For further assistance, precise key levels of any KSE Scrip you can contact our office @ 0213-432 2359 or 0345-276 8680 or write us @ safelyinvest@gmail.com

Disclaimer: This commentary or key levels are not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.

Traders breathing sigh of relief after a struggling week in Karachi Stock Exchange

Weekly Forecast for the

2^nd Week of Feb 2010

Bulls reborn noticed in

Karachi Stock Exchange

By

Khalid Saifuddin

Friday, 5^th February, 2010

KSE-100:

From the beginning of the week striving bulls noticed in Karachi stock exchange but wasn’t able to maintain the momentum, the activities of traders were low and the volume declined by 7%. The lack of interest from local and foreign institution was observed in first two days of the week, but later on FIPI started buying on attractive rates. The smaller scrips were in lime light all week, and the blue chip companies were silent.

Fundamentally strong companies manage to maintain their share price during the lack luster activities.

Market accurately tested our precise level by its weekly high and the strongest weekly support. The closing of the week was quite vibrant and market manages to close 1.62% above the earlier week.

MQM PPP conflict was another reason for keeping investors away from the trading hall. For now both parties reached to an agreement but the elevating differences between MQM and ANP may hurt trader’s confidence in coming week. In short the country’s political and economical condition is still not supporting investors to concentrate on their trading plans.

Allhumdollialh the incoming foreign remittances ensuring bulls a little bit. Corporate results of banking sector will lead buyers for new rally. Presently 9,815 is the major resistance for bulls and 9,672 is the strongest support for new developing channel.

It is recommended to analyze the power of the bulls before adding more positions to your portfolio, for the coming week market may follow the range bound activities if the prevailing political conflicts continue. Most likely we are going to see mix activities, possibly some scrip will follow their own trend instead of following the index.

Key strategy for the week will be climbing with the momentarily profit taking.

Key Levels

10,036

9,940

9,815

9,672

9,566

9,395

Market still got the potential to reach the ultimate destination in near future. Key advice is to reschedule your portfolios and gear up for March, 2010. Buy recommended on given support levels for high returns.

Scrip analysis will be available on Sunday the February, 7^th 2010

To see detail weekly report and KSE scrip analysis please call 0213 432 2359 or 0345-276 8680 or email us at safelyinvest@gmail.com

Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.