By: Ali Muhammad Usmani.
Association For Investor’s Awareness (AIA)
After previous week stagnant movement alongwith intraday corrections with very good volumes, Market will be expected to lose (-19) points, before or after, it will gain (+123) points.
As per previous week, where, market showed not much attraction in Index Movers item, this week also gain the same momentum, as per my opinion, this momentum will provide an opportunities till 1st or 2nd week of January, 2013, so be careful, where there is an equal chances of opportunities and risks.
Before taking any decions in haircuts item (shares with technically strong, but not fundamentally) just to consider the authentication of these shares movement.
· SCRIPTS: Discuss with your dealers also.
1. OIL : BPL, BYCO
2. CHEMICALs :LOTPTA, AHCL
3. CEMENT : FCCL, PIOC, AACIL
4. TEXTILEs : ANL, AMTEX, CJPL,
5. OTHERs : TREI, DEL, ICIBL, WTL, ECOP JSCL.