Hurrah! Congratulations to all the investors who waited one day post-reinstatement of Mr. Shahbaz Sharif as CM Punjab for the market to give you the well deserved gain/ exit. Fortunately, the big sharks had to give in to your resilience and they all returned with a big bang too.
Now that you have realised / unrealised profits, as the case may be, you must be careful going forward. My sincere advice to you, if you are not one of those deep pocket guys, is to apply a piece meal investment criteria. If you are sitting on Rs 100, then invest only Rs 25 in the market tomorrow morning ( first session) and ride the wave.
I feel the first 2 hours will be crucial tomorrow morning. If the market climbs above 100 points in the first 2 hours then it will become a target of the predators in the second session. I mean to say if KSE opens high early the big sharks might want to book profits the same day and market may close below today's levels. Just be watchful!
Using instinct is good in such moments and exiting a little early is not always a bad call.
The Index today climed in line with my forecast and closed at 7,191 points. God willing we will all soon see the 7,500 mark. It can now safely be said that the 7,000 mark has now been crossed and the market must now stay above 7,000.
OGDC and NBP are nearing SPOT and the journey continues.....
Now that you have realised / unrealised profits, as the case may be, you must be careful going forward. My sincere advice to you, if you are not one of those deep pocket guys, is to apply a piece meal investment criteria. If you are sitting on Rs 100, then invest only Rs 25 in the market tomorrow morning ( first session) and ride the wave.
I feel the first 2 hours will be crucial tomorrow morning. If the market climbs above 100 points in the first 2 hours then it will become a target of the predators in the second session. I mean to say if KSE opens high early the big sharks might want to book profits the same day and market may close below today's levels. Just be watchful!
Using instinct is good in such moments and exiting a little early is not always a bad call.
The Index today climed in line with my forecast and closed at 7,191 points. God willing we will all soon see the 7,500 mark. It can now safely be said that the 7,000 mark has now been crossed and the market must now stay above 7,000.
OGDC and NBP are nearing SPOT and the journey continues.....
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