Gold Price Predictions

Well gold is at very lucrative position for short term.The ongoing oil prices and expected devalue of Dollar makes gold a product to invest.So,go for short term contract

Gold Price Predictions

I have got a mail from richard asking about crossing of 1000$.Well dear from my point of view this level will be broken but not yet.So feel safe that the train is not leaving yet.At present the bullish beahviour is due to present situation of the world ecnomics,the rise in oil prices has shifted some investors in the oil markets but the demand of gold is still there.At present it seems difficult to break the barrier of 975$.Gold is bearish in short terms and tend towards little bearish in long term.

i think one should target the limit 960$ for now on and put stop loss at 930

Gold Price Predictions

i think gold is taking correction so its time to wait a little.
but if u regularly trade then

short term:short gold 923 - 927, sell 929
long term: buy gold 912 - 893 , stop loss 890

Preffered Stocks At KSE

Today’s Strategy:

Place stop-buy above 7130~7150
targeting 7220~7230 levels.

Preferred Stocks:
DGKC, FFC,ENGRO, PPL, NML, OGDC,ANL

Latest Preffered KSE Stocks

Suggested Scripts:

FFC,ANL,DGKC,OGDC

Preffered Stocks At KSE

Well after all the efforts the market is still volatile and the post budget scenario remians the same as before.Rather i will say that the powerfull scripts are bearish now and to tell u the truth i think there is no hope for better things in near future.
However ,i still stand by the day trade method with limited exposure.The upward trends in interantional oil market is making Oil stocks little prefferable.At the same time FFC is also performing well.FFC has recently been axed,it will go up so you can buy it.

Guess The Usage of Wapda Transformer?

This is the Picture which has been sold to BBC.
The Person Who Submitted it, He informed them that WAPDA workers are trying to remove the moisture from the Transformer's Oil by heating it with coal fire under it.

:P

Latest Preffered KSE Stocks

Although the situation in stock markets are bit risky but there are few shares which have proved themselves as all time gold.

My recomended stocks:

my approach remains the same ,play low and play safe.One of the best way is that dont go for delivery, just use day trade with upper & lower limits.E.g if at day end some stock price is 23.
then u can place order for next day as buy at 22.3 and sell at 23.5.This will surely give u something without exposing you to unnncasary harms

1. ANL ( it has just touched its all time bottom so now its on upward trend, buying this bullish stock is great apportunity)

2. DGKC

3. DCL (risky but good for small investors)

Latest news on : Karachi Stock Exchange

Nervous trend observed on KSE
KARACHI: The Federal Information Minister's statement about additional taxation on capital market in the upcoming federal budget added to the nervousness on the Karachi Stock Exchange on Thursday. The market opened in the negative zone and the index hit intra-day low level of 6,841.55 points, going down by 219.17 points. However, late buying supported the market.

My Advice:
STILL PLAY LOW AND PLAY SAFE

Stocks updates

Due to prevailing situation in the world the markets have slumbe down.The main downtrned is over but still the upward curve needs some conformations which are not there yet.So stocks become risky and there is not stablization yet.

so my advice play safe and play little.




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