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PSX
Index
fx
MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is getting more and more impatient for an entry!
OVERBOUGHT/OVERSOLD STOCKS
TPLPL
BIFO
OBOY
INDU
KOSM
FCCL
JATM
MEBL
TPLPL
Tpl Properties (KSE) [Overbought]
TPLPL
(KSE) [Overbought]
The chart above shows how
TPLPL
displayed a rally after the
BUY
signal which was issued on 29/11/2024. Since then, the gain in this stock stretched to a whopping 51%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a
SELL
signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
20/12/2024
BIFO
Biafo Industries
Last Signal
SELL
Sell Level
200.07
Sold at
198.80
Close
198.80
Bought on
20/12/2024
FCCL
Fauji Cement Company
Last Signal
BUY
Buy Level
34.48
Bought at
34.66
Close
35.25
Gain%
1.70
Bought on
20/12/2024
KOSM
Kohinoor Spinning Mills
Last Signal
BUY
Buy Level
6.8850
Bought at
6.9550
Close
7.0000
Gain%
0.65
Sold on
20/12/2024
TPLPL
Tpl Properties
Last Signal
SELL
Sell Level
13.55
Sold at
13.42
Close
13.30
Gain%
-0.89
Sold on
19/12/2024
1UDL
United Brands
Last Signal
STAY IN CASH
Sold at
25.76
Close
23.60
Gain%
-8.39
Sold on
19/12/2024
JDWS
Jdw Sugar Mills
Last Signal
STAY IN CASH
Buy Level
693.43
Sold at
689.98
Close
693.43
Loss%
0.50
Bought on
18/12/2024
BECO
Beco Steel
Last Signal
STAY LONG
Sell Level
8.2100
Bought at
8.6000
Close
8.5300
Loss%
-0.81
Sold on
18/12/2024
NML
Nishat Mills
Last Signal
STAY IN CASH
Buy Level
105.12
Sold at
121.84
Close
104.69
Gain%
-14.08
Sold on
18/12/2024
PABC
Pakistan Aluminium Beverage Cans
Last Signal
STAY IN CASH
Buy Level
122.80
Sold at
134.88
Close
122.80
Gain%
-8.96
Sold on
17/12/2024
FFC
Fauji Fertilizer Company
Last Signal
STAY IN CASH
Buy Level
385.18
Sold at
411.16
Close
385.18
Gain%
-6.32
Sold on
17/12/2024
MARI
Mari Petroleum Company
Last Signal
STAY IN CASH
Buy Level
694.98
Sold at
883.56
Close
694.98
Gain%
-21.34
Bought on
17/12/2024
MCB
MCB Bank
Last Signal
STAY LONG
Sell Level
258.55
Bought at
265.58
Close
267.31
Gain%
0.65
Sold on
16/12/2024
FFL
Fauji Foods
Last Signal
STAY SHORT
Buy Level
13.20
Sold at
14.89
Close
13.17
Gain%
-11.55
Sold on
16/12/2024
MFL
Matco Foods
Last Signal
BUY
Buy Level
43.04
Sold at
42.34
Close
45.00
Loss%
6.28
Bought on
16/12/2024
NCML
Nazir Cotton Mills
Last Signal
SHORT
Sell Level
12.00
Bought at
12.72
Close
11.50
Loss%
-9.59
Bought on
16/12/2024
STYLERS
Stylers Internationalshs
Last Signal
STAY LONG
Sell Level
39.24
Bought at
39.60
Close
40.90
Gain%
3.28
Bought on
13/12/2024
ECOP
Ecopak
Last Signal
STAY LONG
Bought at
23.99
Close
24.00
Gain%
0.04
Sold on
13/12/2024
MACTER
Macter International
Last Signal
STAY IN CASH
Buy Level
363.28
Sold at
421.03
Close
356.88
Gain%
-15.24
Bought on
13/12/2024
OBOY
Oilboy Energy
Last Signal
STAY LONG
Sell Level
11.39
Bought at
8.8100
Close
11.39
Gain%
29.28
Sold on
13/12/2024
PHDL
Pakistan Hotels Developers
Last Signal
STAY IN CASH
Buy Level
58.46
Sold at
59.48
Close
56.40
Gain%
-5.18
Sold on
12/12/2024
CHCC
Cherat Cement Company
Last Signal
STAY IN CASH
Buy Level
284.51
Sold at
303.50
Close
284.51
Gain%
-6.26
Sold on
12/12/2024
FCCL
Fauji Cement Company
Last Signal
BUY
Buy Level
34.48
Sold at
38.63
Close
35.25
Gain%
-8.75
Sold on
11/12/2024
ADAMS
Adam Sugar Mills
Last Signal
STAY IN CASH
Sold at
63.00
Close
58.59
Gain%
-7.00
Sold on
11/12/2024
SEARL
The Searle Company
Last Signal
STAY IN CASH
Buy Level
103.60
Sold at
123.30
Close
103.60
Gain%
-15.98
Bought on
06/12/2024
LEUL
Leather Up
Last Signal
STAY LONG
Sell Level
28.08
Bought at
20.40
Close
30.18
Gain%
47.94
Sold on
06/12/2024
MDTL
Media Times
Last Signal
STAY IN CASH
Buy Level
2.3500
Sold at
2.7000
Close
2.3500
Gain%
-12.96
Bought on
05/12/2024
DAAG
Data Agro
Last Signal
STAY LONG
Sell Level
99.86
Bought at
76.30
Close
139.53
Gain%
82.87
Sold on
05/12/2024
ESBL
Escorts Investment Bank
Last Signal
STAY IN CASH
Buy Level
4.7900
Sold at
6.4400
Close
4.7900
Gain%
-25.62
Sold on
05/12/2024
MCBIM
Mcb Investment Management
Last Signal
STAY IN CASH
Buy Level
67.28
Sold at
68.18
Close
65.56
Gain%
-3.84
Sold on
03/12/2024
HBL
Habib Bank
Last Signal
STAY IN CASH
Buy Level
163.55
Sold at
180.86
Close
156.55
Gain%
-13.44
Bought on
02/12/2024
LSEVL
Lse Ventures
Last Signal
STAY LONG
Sell Level
9.5400
Bought at
8.5000
Close
9.9800
Gain%
17.41
Bought on
27/11/2024
SSGC
SUI Southern Gas Company
Last Signal
STAY LONG
Sell Level
37.78
Bought at
24.45
Close
45.89
Gain%
87.69
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