TAURUS

SECURITIES LIMITED
A SubsIdIary of NatIonal Bank of PakIstan

Taurus Technical Daily

Online Trading

Wednesday,March11,2015
KSE100 (32,899.31, 32,899.31, 32,531.13, 32,566.59, -293.980), Parabolic SAR (33,474.06)

35100

Kse 100

34900
34700
34500

Resistance
Support
Target
Stop

32,628.00
32 315 00
32,315.00
32,776.00
32,414.00

34300
34100
33900
33700
33500
33300
33100
32900

Market at a Glance

32700

Open
High
Low
Close
Change
Volume(mn)

32500

32,899.31
32,899.31
32,531.13
32,566.59
(293.98)
88.05

32300
32100
31900
31700
31500
31300
31100
30900
30700
30500

Market Indicies
Index
All Share
KSE- 100
KSE- 30
KMI -30

Value
23,242.92
32,566.59
21,128.93
52,558.14

30300
30100

Change
Volume
-232.79 132,469,730
-293.98 88,047,400
-258.70 45,964,000
-770.94 33,781,900

29900
29700
29500
29300
29100
28900
28700
28500

Volume leader

28300
28100
27900

Symbol
PAEL
FFBL
JSCL
BOP
TRG
PIBTL
EFERT
HASCOL
MLCF
KEL

Close
52.43
53.17
16.87
10.24
14.82
34.08
84.03
104.65
49.88
7.79

Change
-2.75
-2.75
-0.95
-0.01
-0.40
-0.75
-2.68
2.27
-1.96
-0.03

Volume
12,600,500
,
,
11,554,500
9,136,000
6,620,500
4,970,500
4,629,500
4,133,000
3,637,000
3,637,000
3,610,500

Asian Markets (10/03/2015)

Country
Japan
Hong Kong
China
India
Indonesia
Singapore
Malaysia
Pakistan

Index
Nikkei 225
Hang Seng
Shanghai C.
BSE 30
Jakarta C.
Straits Times
FTSE KLCI
KSE-100

Value
18,665.11
23,896.98
3,286.07
28,709.87
5,462.93
3,398.26
1,789.73
32,566.59

Change
-125.44
-226.07
-16.34
-134.91
18.29
-6.31
-2.01
-293.98

27700
27500
25

1
8
September

15

22

29

9 13
October

20

27

5
10
November

17

24

1
8
December

C
Commodity
dit
Brent C. Oil
WTI C. Oil
Gold 100oz
Silver

Close
Cl
($)
56.39
48.29
1161.84
15.68

Change
Ch
-2.14
-1.71
-5.37
-0.10

% Change
Ch
-3.66
-3.42
-0.46
-0.63

Direct

29

S1

S2

Symbol

R1

R2

14-Days RSI

32,315.00

KSE-100

32,628.00

32,776.00

26.44

5
2015

12

19

10-DMA
33,294.52

26

2
9
February

16

30-DMA

23

2
March

100-DMA

33,918.86

16

23

200-DMA

32,414.96

30,936.17

Strategy: The index formation is lower high or lower low and closed around its low, which indicates further downside moves for
the index. The Stochastic Oscillator, RSI & MACD on daily as well as on weekly charts maintains their respective downtrends, which
indicates a continuation of bearish trend. All hopes on the moving average of 100 days, which is currently stalling at 32,414 and is
likely to pose resistance to the current falling knife scenario. However, it is doubtful to reverse the direction but chance of a sharp pull
back is there. Since the benchmark index is already trading below its short term & medium term moving averages, any pull back is
likely to face strong resistance from the moving averages currently stalling in the band of 32,630 32,800 & later 32,950 33,160
levels. Considering the 100-DMA (32,414) & 21-WMA (32,505) support zone, we suggest Buy for Trade with strictly defined risk
level (risk defined at/below 32,414) targeting 32,610 32,776 & later 32,850 32,950, (strategy would remain directed for short-term
gains only).
Portfolio Investments (10/03/2015)
Particulars

Net Buy/Sell
Rs. (mn)

Foreign Invvestors
Banks/DFI's

(71.20)
285.81

M
Mutual
lF
Funds
d
Local Individuals
Local Companies
NBFC
Other Organization

(394.68)
(394 68)
162.18
(33.02)
(97.15)
148.06

(Source: Bloomberg)

Prepared By

22

32,414.00

Board Meetings
Net Buy/Sell
US$ (mn)

(Source: Bloomberg)

Commodities(10/03/2015)

15

Company

Shell Pakistan Limited

(0.71) The Bank of Khyber
2.86 Sanofi-aventis Pakistan Ltd
(3.95)
(3 95)
1.62
(0.33)
(0.97)
1.48
(Source: NCCPL)

Pakgen
Power L
Ltd
P k
P
d
Lalpir Power Ltd
ZIL Ltd
TPL Direct Insurance Ltd
Pakistan Gum & Chemicals Ltd

Symbol

Date

SHEL
BOK
SAPL

11/3/2015
12/3/2015
12/3/2015

PKGP
LPL
ZIL
TDIL
PGCL

16/3/2015
16/3/2015
16/3/2015
17/3/2015
19/3/2015
(Source: KSE Quotations)

Muhammad Tahir

Email

m tahir@taurus com pk
m.tahir@taurus.com.pk

021-35638036

UAN

111-828787/Ext 217

DISCLAIMER
This report is based on information available to the public. It is not intended as an offer to BUY or SELL or a Solicitation of an offer to BUY or SELL the Securities mentioned. The information
opinions in this report were prepared by Taurus Securities Technical Team from sources it believes to be reliable at time of publication. Taurus Technical Analyst Team accepts no liability or
legal responsibility for losses or damages & does not share any profits incurred arising from the use of this publication or its contents.

Taurus Technical Daily

Wednesday, March 11, 2015

Oil & Gas

Symbol

Last
Price

Support

Resistance

Recommendations

OGDC

204.36

S1
203.01

S2
202.47

R1
205.50

R2
206.90

14 Days-RSI

Earning Per Share

Call
Buy for Tarde

Stop
202.47

Target
205.0-207.0

35.67

Last (Y.E.)
28.81

Latest
11.12 (HY)

PSO

386.41

383.30

381.00

390.00

392.50

Buy for Tarde

381.00

390.0-392.5

48.66

80.31

15.76 (HY)

POL

366.04

364.00

361.00

368.70

371.40

Buy for Tarde

361.00

368.7-371.4

39.72

54.48

22.36 (HY)

PPL

170.49

170.00

169.00

171.60

172.30

Buy for Tarde

170.00

171.6-172.3

38.14

26.08

11.49 (HY)

MARI

507.74

504.00

501.50

511.00

516.00

Buy for Tarde

504.00

511.0-516.0

34.49

42.92

23.76 (HY)

Chemicals
Symbol

Last
Price

FFC

134.99

Support

Resistance

Recommendations

Earning Per Share

14 Days-RSI

S1
133.30

S2
132.20

R1
135.90

R2
136.80

Call
Sell / Sell on Strength

Stop
141.00

Target
132.2-128.8

45.60

Last (Y.E.)

Latest

15.83

14.28 (YE)

FFBL

53.17

52.46

51.35

53.90

54.53

Buy on Weakness

51.35

53.9-54.5

51.81

6.01

4.30 (YE)

ENGRO

287.54

284.39

281.50

290.60

292.70

Buy on Weakness

281.50

290.6-292.7

51.33

16.01

13.59 (YE)

EFERT

84.03

83.06

82.60

84.70

85.50

Sell / Sell on Strength

87.40

83.0-82.6

47.49

4.66

6.29 (YE)

Symbol

Last
Price

Construction and Materials (Cement)

Support

Resistance

Recommendations

LUCK

480.62

S1
472.00

DGKC

125.68

124.80

123.20

127.40

129.20

Buy / Buy on Weakness

Stop
498.00
.
123.20

FCCL

30.65

30.30

29.50

31.08

31.35

Buy for Trade

30.30

Symbol

Last
Price

S2
465.00

R1
484.00

R2
489.00

Call
Sell / Sell on Strength

14 Days-RSI
Target
472.0-465.0

Earning Per Share

31.98

Last (Y.E.)
35.08

Latest
19.39 (HY)

127.4-129.2

51.03

13.62

7.77 (HY)

31.08-31.35

50.09

1.80

1.21 (HY)

Personal Goods (Textile)

Support

NML

116.69

S1
115.30

TREET

112.63

111.05

Symbol

Last
Price

Resistance

Recommendations

14 Days-RSI

S2
112.98

R1
117.80

R2
118.99

Call
Buy for Trade

Stop
112.98

Target
117.8-118.9

108.11

115.50

116.90

Sell / Sell on Strength

121.10

111.0-108.1

Earning Per Share

25.24

Last (Y.E.)
20.53

Latest
9.74 (HY)

27.54

4.90

2.34 (HY)

Electricity
Support

Resistance

Recommendations

14 Days-RSI

S2
87.85

R1
89.90

R2
91.00

Call
Buy / Buy on Weakness

Stop
87.36

Target
89.9-91.0

Earning Per Share

HUBC

88.98

S1
88.49

KAPCO

86.09

84.97

84.49

86.60

87.70

Buy / Buy on Weakness

82.70

86.6-87.7

69.49

8.78

5.49 (HY)

EPQL

40.25

40.10

39.80

40.70

41.40

Buy for Trade

39.80

40.7-41.4

23.80

4.50

6.24 (YE)

Symbol

Last
Price

55.54

Last (Y.E.)
5.66

Latest
4.67 (HY)

Commercial Banks
Support

MCB

276.58

S1
273.98

Resistance

Recommendations

S2
272.00

R1
278.00

R2
280.56

14 Days-RSI

Call
Buy for Trade

Stop
272.00

Target
280.5-283.0

Earning Per Share

25.62

Last (Y.E.)
21.62

Latest
22.15 (YE)

UBL

160.13

159.34

157.70

161.30

163.40

Buy for Trade

157.70

161.3-163.4

25.65

15.75

19.32 (YE)

BAFL

29.86

29.50

29.10

30.38

30.65

Buy for Trade

29.25

30.38-30.65

26.95

3.47

4.09 (YE)

Symbol

Last
Price

Household Goods

PAEL

52.43

Support
S1
51.35

Resistance
S2
50.95

R1
53.25

R2
53.75

Recommendations
Call
Sell / Sell on Strength

Stop
55.05

14 Days-RSI
Target
51.35-50.9

38.49

Earning Per Share

Last (Y.E.)
4.04

Latest
5.36 (TQ)

Definitions
Last Price : Close
FQ: First Quarter Esp., HY: Half Year Esp., TQ: Third Quarter or Nine Month E.p.s, Year End(YE): Full year E.p.s
UP TREND: Higher Lows and Higher Highs
DOWN TREND: Lower Highs and Lower Lows
SIDE WAY TREND: Flat trend ranging between horizontal support and horizontal resistance
UPWARD CORRECTION: A move in the opposite direction of an uptrend.
TAKE PROFIT: Stock approaching the target, partially realize profits or hold for second target
TRADE RANGE: Move between support and resistance in a side way trend.
SELL RALLIES: A sell recommendation during an upward correction move.
BUY FOR TRADE: A short term Buy recommendation to take advantage from an upward correction move during a downtrend.
STOP LOSS: A sell recommendation when the closing price of a stock breaks a certain point to the down side.
DISCLAIMER
This report is based on information available to the public. It is not intended as an offer to BUY or SELL or a Solicitation of an offer to BUY or SELL the Securities mentioned. The information
opinions in this report were prepared by Taurus Securities Technical Team from sources it believes to be reliable at time of publication. Taurus Technical Analyst Team accepts no liability or
legal responsibility for losses or damages & does not share any profits incurred arising from the use of this publication or its contents.