Friday 6 Dec 2013

Technical Talk @ HORIZON by Shehzad Saeed

Yesterday, stocks remained in bullish sentiments owing to news about introducing two KSEs funds in New York stock
exchange. During the day, market opened on positive note & kept on going upwards on support of Institutional & foreign
interest as hopes for stability in rupee value against the dollar and expected government initiatives on privatisation of
state-owned enterprises triggered buying across-the-board. KSE100 index went up by 420.7 points, creating new high at
24866.08, breaking previous highest ever level 24750.82 & closed in bullish sentiments with a net gain of 355.31 points at
24800.69 that also are the highest ever closing breaking 24588.47. KSE All share index went up by 334.81 points at 18469.19
& closed with a net gain of 280.93 points at 18415.31. KSE30 index went up by 289.93 points at 18673.91 & closed with a net
gain of 230.53 points at 18614.51. KMI30 index went up by 710.68 points at 41715.75 & closed with a net gain of 619.77
points at 44624.84. The volume fell to 210.59 million shares as against 227.49 million shares. The price of 232 stocks closed
after gains, 110 suffered losses and 23 remained unchanged.
Company

Support Level 3

Support Level 2

Support Level 1

Yesterdays
closing

Resistance Level 1

Resistance Level 2

Resistance Level 3

Trend

Daily RSI

KSE100
AHCL
AICL
AKBL
ANL
ATRL
BAFL
BERG
BOP
BYCO
DAWH
DGKC
EFOODS
ENGRO
FATIMA
FCCL
FFBL
FFC
GLAXO
HUBC
JSCL
KAPCO

24450
21.6
95.9
13
5.2
202.4
24.1
58.4
9.3
7.5
52
74.1
89.4
147.9
27.4
13.1
40
106.8
129.6
58.2
7.9
58.5
6.1
268.2
272.3
25.1
51.8
41.4
110.2
266.5
18
25.8
470.5
203.9
306.6
28.9
100.2
21
23.7
124.7

24560
22
97.6
13.4
5.5
206
24.4
59.3
9.7
7.8
52.9
75.4
91
150.3
27.8
13.4
40.7
108.6
132
59.1
8.2
59.4
6.4
273
276.9
25.5
52.6
42
112
271
18.4
26.2
479
207
311.5
29.3
101.8
21.4
24.1
127

24680
22.3
99.2
13.7
5.8
209.2
24.9
60.5
10
8.1
53.7
76.8
92.6
153
28.3
13.8
41.3
110.4
134.3
60.3
8.5
60.6
6.7
277.8
281.7
25.9
53.5
42.8
113.9
275.8
18.7
26.6
487.3
210.4
317.7
29.8
103.6
21.7
24.5
129.2

24800.69
22.7
100.85
13.98
6.15
212.96
25.31
61.46
10.26
8.47
54.69
77.93
94.06
155.6
28.81
14.02
41.98
112.34
136.41
61.21
8.82
61.5
7.03
282.12
286.62
26.33
54.43
43.5
115.92
280.15
18.96
27.07
495.24
213.94
322.66
30.34
105.43
22.04
24.86
131.2

24910
23
102.5
14.3
6.5
216.4
25.7
62.4
10.6
8.8
55.6
79.2
95.4
158.1
29.3
14.4
42.7
114.1
138.6
62.3
9.2
62.3
7.4
286.8
291.3
26.8
55.4
44.2
118
284.5
19.3
27.5
502.8
217.4
327.2
30.8
107.2
22.4
25.3
133.4

25025
23.4
104.1
14.6
6.8
220
26.1
63.2
10.9
9.1
56.5
80.6
97
160.7
29.8
14.7
43.3
116
140.9
63.1
9.5
63.4
7.7
291.5
296.2
27.2
56.3
44.9
119.9
289.3
19.6
27.9
511.5
221
332.9
31.3
109
22.8
25.7
135.6

25150
23.8
105.8
14.9
7.1
223.5
26.5
64.5
11.2
9.4
57.4
81.8
98.7
163.3
30.2
15
44
117.9
143.2
64.2
9.8
64.5
8
296.2
300.9
27.6
57.1
45.6
121.7
294
19.9
28.4
520
224.6
338.7
31.8
110.7
23.1
26.1
137.7

SS/UP

75.6
70
67.2
69.9
66.4
62.3
62.2
82
40.6
50.5
52.1
75.4
56.9
64.1
69.9
71.1
72.8
74.1
62.3
45.3
51.7
54.4
60.9
70.8
58.7
69.5
55.1
56.2
75.4
74.9
65.6
57.5
68.9
62.7
67
66.7
65.1
58.9
59.1
53.4

LOTCHEM

LUCK
MCB
MLCF
NBP
NETSOL
NML
OGDC
PAEL
PAKRI
POL
PPL
PSO
PTC
SEARL
SNGP
SSGC
UBL

SS/UP
SS/UP
SS/UP
SS/UP
BD
BD
SS/UP
BD
BD
BD
SS/UP
BD
SS/UP
SS/UP
SS/UP
SS/UP
SS/UP
BD
SW
BD
SW
BD
SS/UP
BD
SS/UP
BD
BD
SS/UP
SS/UP
SS/UP
BD
SS/UP
BD
SS/UP
SS/UP
SS/UP
BD
BD
BD

2008-2013
Highest

Lowest

24866.08

4781.78

201.4

17.55

421.9

41.6

106.2

8.5

98

2.75

315.9

38.91

66.1

7.32

92.55

10.07

107.55

4.6

22.1

3.55

64.85

26.25

121.65

12.04

163.45

20.6

376.1

81.05

28.23

9.02

17.19

2.9

64.3

12.3

200.4

54.3

152.12

61

74.58

12.38

1370

3.9

69

25.09

17.36

1.15

285.76

25.26

494.8

75

33

1.51

274.75

34.86

59.51

8.01

135.9

21.12

284

40.65

28.95

3.06

774.95

12.43

536.99

78

281.65

98.5

544.9

92.1

50.9

9.85

100.25

40

39.4

15.25

30.7

10.26

223.2

27.92

Abbreviations
DN > Downward trend. UP > Upward trend. RE > Recovery Expected. DE > Dip Expected. SS > Sell on Strength. BD > Buy on Dip. SW > Sideways SS+BD. WS > Wait & See policy. RSI > Relative Strength
www.horizonpak.com
Index RSI Range 0-100 Overbought If value is above 80 Neutral if value around 50, Oversold if is value around 20

For more Information and suggestion feel free to call or email to Mr.Shehzad Saeed 0300-4456783. To subscribe free daily technical analysis report email shehzad03004456783@yahoo.com

Disclaimer
This report has been prepared by Shehzad Saeed of Horizon Securities Ltd. & is provided for information purposes only. Under no
circumstances is to be used or considered as an offer to sell or solicitation of any offer to buy. While all reasonable care has been taken
to ensure that information contained therein is not untrue or misleading at the time of publication, we make no representation as to its
accuracy or completeness & it should not be relied upon as such. From time to time Horizon Securities Ltd & any of its officers or
directors may, to the extent permitted by law, have a position, or otherwise be interested in any transaction, in any securities directly or
indirectly subject of this report. This report is provided solely for information of professional advisers who are expected to make their
own investment decisions without undue reliance on this report & company accepts no responsibility whatsoever for any direct or
indirect consequential loss arising from any use of this report or its contents.

Board Meetings

SASML
KOHS
AGL
HAJT
REST
SBL
SIEM

06-Dec
09-Dec
10-Dec
10-Dec
10-Dec
11-Dec
13-Dec

Announcements
Company

Book Closure

MCB
NCPL
AICL
OGDC
FFBL
NPL

6 Dec - 13 Dec
12 Dec - 18 Dec

EPS
17.41 3rd
Q 1st
1.374

Payout

35% D
15% D

12 Dec - 18 Dec

Q
*****

182.932212
%B

13 Dec - 20 Dec

7.81 1st Q

13 Dec - 19 Dec

3.53 3rd Q

14 Dec - 21 Dec

1.53 1st Q

20% D
10% D
10% D