Scrip Update for 25th January 2019

By
Khalid Saifuddin
Updated 24th January 2019
Safelyinvest@gmail.com
0345 – 276 8680, 0213 – 483 0423

Remember: Traders must check the fundamentals of the stocks and index before entries
No regrets for traders: If they are not paying respect to stop losses and not following trailing stop
losses (even in stronger stocks)

ASL – Told you bulls are back in irritating area and once again had pressure in same area.
Despite of exciting index bulls failed to test the utmost limit 11.25 again, now closed below 10.95 – 10.85, I
expect more profit taking below 10.60, not encouraging for entries better wait and watch in last session of the
week. LEVELS: 11.85 – 11.80, 11.60, 11.25, 10.95 – 10.85, 10.60, 10.40 – 10.35 & 10.15

DOL – Excitement of index failed to attract bulls in this stock – last two session noticed in exhaustion
No recommendations right now better wait and watch in last session of the week, expecting pressure to
continue by trading below 27.55
LEVELS: 29.55, 29.15, 28.60, 28.15, 27.55, 27.00 and 26.00

ITTEFAQ – Desperate efforts towards 12.55 but failed and sure traders are out of it around 11.75
No recommendations – just sit tight and plan your buy back, I am expecting pressure to continue by trading
below 11.65 – 11.60, check it out exhaustion of bears around 11 and expect more selling pressure below 11

KOHC – Still encouraging entries with stop loss below 82.80, selling pressure below 80.10
Expecting bulls efforts by honoring 82.80, do not enter if scrip trades below 82.80, go daring LONGS with stop
loss below 82.80 better and secure LONGS upon kicking off 87 – 87.65 which is the target also for bulls in case
of hyper activities from here, this stock is good for medium and long term traders – Start buying here and wait
for more buy if trades below 82.80, the target for medium term traders is at 100.10 – 100.80. The bottom and
last hope is at 74.55, both medium and long term traders encourage having stop loss below 74.55.

MLCF – 43.35 was the last given target in last update and bulls tested it on Wednesday now trading at 44.22
Still good do not see profit taking threats as long as trading above 43.35 – 43.05, and go wild above 45.35 –
45.20, this stock is also good for medium and long term traders.

NRSL – Started up with index excitement but bulls managed above the given resistance 8.65 – 8.85
Stay optimistic as long as honoring above 8.65 – 8.85 for targeting 9.75 and then to the utmost level of 10.65,
Currently selling pressure below 8.35, but I expect to see new bottom of this stock and this is going to happen
once scrip sustains above 9.15 and bottom will be 8.65 – 8.85, also encourage traders for trailing stop loss below
8.65 with the exciting beginning of new session.

Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators.
This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any
loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is
NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.
Scrip Update for 25th January 2019
By
Khalid Saifuddin
Updated 24th January 2019
Safelyinvest@gmail.com
0345 – 276 8680, 0213 – 483 0423
TRG – Target of 26 – 26.15 achieved and now fun is over, in fact bulls were done on Wednesday
Session today reflects excitement of index only but situation of scrip is depression and I am not recommending
entries here even not encouraging with hyper beginning as long as it is trading below 26 – 26.15. Better wait
and watch the move in last session of the week and do not plan LONGS unless trades and sustains above 26.15
with fair volumes, if you are in SHORT then your stop loss is above 26.15 and bears may chase for 25 – 24.80 in
coming session and there I expect some exhaustion in bears
LEVELS: 27.50, 26.15 – 26.00, 25.65, 25 – 24.80, 24.40 and 23.80

Disclaimer: This commentary, news or key levels are not a recommendation to buy or sell, but rather a guideline to interpret the specified indicators.
This information should only be used by investors who are aware of the risk inherent in securities trading. We accept no liability whatsoever for any
loss arising from any use of these levels. However the author DOES NOT GUARANTEES the accuracy of information provided on this report and is
NOT RESPONSIBLE FOR ANY ERRORS AND/OR OMISSIONS.