BUY & SELL LEVELS FOR 30 STOCKS FROM DIFFERENT SECTORS

Technical Indicators for Stocks From Different Sectors For May 04, 2020
RSI - Daily Timeframe TECHNICAL SUMMARY - BASED ON MULTIPLE INDICATORS
SECTOR Symbol Closing
Value Indication Trend Strength
Strategy and Course of Action Stop-Loss
Comments / Remarks
Buy Level 1 Buy Level 2 Sell Level 1 Sell Level 2
Turning
INDEX KSE-100 34,112 60 Bullish Strong 33,800.00 33,580.00 34,490.00 35,020.00 N/A Refer To Detailed Outlook
Overbought

GHNL 55.59 62 Overbought Bullish Strong 54.95 52.00 59.00 65.00 50.00 Buy on Dips
AUTO ASSEMBLING & PARTS
Turning
PSMC 164.65 58 Neutral Neutral 162.00 157.50 172.00 184.00 153.00 Buy on Dips
Overbought

Turning
GTYR 41.44 57 Bullish Strong 41.00 39.80 42.40 45.50 39.00 Buy on Dips
Overbought

It tested the suggested Buying Zone and bounced sharply. Those who availed the levels shall keep enjoying the move with stops at suggested area to get
CABLE & GOODS PAEL 24.09 62 Overbought Bullish Strong Hold Positions Hold Positions 24.60 25.20 Trail @ 23.30 safe and profitable exits. Session closing above 25.50 will be a welcoming aggressive bulls with 27.60 - 29 as next target range.
Multiple Resistances are lying between 28.60 and 29.30 range. Short term indicators are also in extremely overheated zone. This all concludes that for fresh
Aggressively
MLCF 28.18 63 Overbought Bullish Hold Positions Hold Positions 28.60 29.00 Trail @ 27.60 longs, Wait and See approach shall be adopted and those who are holding shall start booking gains or at-least move stops to suggested level to get safe
Strong exits.
Aggressively
DGKC 86.65 64 Overbought Bullish 85.70 83.60 88.00 92.00 81.5 Buy on Dips
Strong

Turning Shooting Starwth higher volumes indicates Pump and Dump action. Hene caution is advised. Those who are holding shal keep stops at suggested area to get
CEMENT LUCK 470.44 60 Bullish Strong Hold Positions Hold Positions 474.00 488.00 Trail @ 463
Overbought safe exits
A Bull-Trap seems to be in the making as whenever it trades above 93, it gets higher volumes and ends that hourly / half hourly or even Daily Canlde with
Highly Aggressively
CHCC 92.05 66 Bullish Wait & See Wait & See 94.50 97.00 Trail @ 90 an anti-bull pattern or a bearish one. This indicates distrubution at higher prices. Hence, caution is advised. Those who are holding shall keep stops at
Overbought Strong suggeted area to get safe exits.
Highly Aggressively
PIOC 59.25 79 Bullish 56.20 54.80 60.10 62.90 53.80 Buy on Dips
Overbought Strong

Aggressively Closin above 27.20 is a sign of much stronger breakout. But, candlestick pattern is with a Gravestone Doji, which does not allow fresh longs and suggests
DOL 27.42 63 Overbought Bullish Hold Positions Hold Positions 27.60 28.60 Trail @ 26.90
Strong cautious approach.
CHEMICALS
Turning
EPCL 28.08 54 Neutral Neutral 27.90 27.45 29.00 30.30 27.00 Buy on Dips
Overbought

Highly Aggressively
ISL 54.79 70 Bullish 54.00 52.00 57.90 59.50 51 Buy on Dips
Overbought Strong

Turning Aggressively
STEEL / ENGINEERING INIL 100.51 60 Bullish 99.60 97.00 106.00 107.30 95.80 Buy on Dips
Overbought Strong

Aggressively
ASTL 35.56 61 Overbought Bullish 34.50 33.60 36.60 37.80 32.60 Buy on Dips
Strong

EFERT 61.66 61 Overbought Bullish Strong 60.20 59.00 63.00 67.80 58.20 Buy on Dips
FERTILIZER
Turning
ENGRO 307..74 59 Neutral Neutral 301.00 294.00 316.00 335.00 290.00 Buy on Dips
Overbought

Turning Breach of 9.90 has put it out of the breakout scenario. Now, failing to hold 9.20 will be exposing it to 8.50 and 8.20. To escape the selling pressure, it has to
FOODS FFL 9.62 52 Neutral Neutral Wait & See Wait & See 10.20 10.55 9.20
Overbought surpass 10.70

OGDC 105.36 62 Overbought Bullish Strong 104.00 100.50 109.00 112.00 99.00 Buy on Dips
OIL & GAS EXPLORATION
Turning
PPL 91.33 57 Bullish Strong 90.55 87.00 97.50 99.00 85.80 Buy on Dips
Overbought

Turning
Oil & GAS MARKETING PSO 154.42 59 Bullish Strong 153.80 149.00 166.00 173.00 145.00 Buy on Dips
Overbought

Turning Aggressively
SEARL 185.42 59 Bullish 183.00 180.00 198.00 206.00 177.00 A Golden Cross Breakout is triggered. This is a signal for Strong Bullish Reversal.
Overbought Strong
PHARMACEUTICALS
Highly Aggressively
FEROZ 257.99 70 Bullish 250.00 243.00 268.00 275.00 238.00 Buy on Dips
Overbought Strong

Multiple Resistances are lying between 86.50 and 88 range. Short term indicators are also in extremely overheated zone. This all concludes that for fresh
POWER GEN. & DIST HUBC 84.21 62 Overbought Bullish Strong Hold Positions Hold Positions 86.50 88.00 Trail @ 83.50 longs, Wait and See approach shall be adopted and those who are holding shall start booking gains

Turning
PRL 13.33 52 Neutral Neutral 13.00 12.65 14.40 15.30 12.00 Buy on Dips
Overbought

Turning
REFINERY NRL 101.18 52 Neutral Neutral 101.50 97.50 109.00 112.20 94.00 Buy on Dips
Overbought

Turning
ATRL 84.00 56 Bullish Strong 82.80 80.00 89.00 96.00 77.50 Buy on Dips
Overbought
 BUY & SELL LEVELS FOR 30 STOCKS FROM DIFFERENT SECTORS
Technical Indicators for Stocks From Different Sectors For May 04, 2020
RSI - Daily Timeframe TECHNICAL SUMMARY - BASED ON MULTIPLE INDICATORS
SECTOR Symbol Closing
Value Indication Trend Strength
Strategy and Course of Action Stop-Loss
Comments / Remarks
Buy Level 1 Buy Level 2 Sell Level 1 Sell Level 2
Turning Refer To Detailed
TRG 17.65 55 Bullish Strong 17.30 16.80 18.40 18.95 16.40 Buy on DipsOutlook
Overbought

Highly
TECHNOLOGY AVN 32.49 66 Bullish Strong 31.90 30.80 34.70 36.00 30.00 Buy on Dips
Overbought

Turning
NETSOL 42.43 57 Neutral Neutral 41.70 40.50 43.90 45.00 39.00 Buy on Dips
Overbought

Turning
NCL 32.88 54 Neutral Neutral 32.60 31.90 34.50 38.00 31.00 Buy on Dips
Overbought
TEXTILE COMPOSITE
Turning
NML 72.43 52 Bullish Strong 71.80 70.50 75.40 79.00 69.50 Buy on Dips
Overbought

Turning
VANASPATI & ALLIED UNITY 11.53 56 Bullish Strong 11.50 11.20 12.90 13.30 10.70 Buy on Dips
Overbought

What is Meant by Buy Level 1 & Buy Level 2

Buy Level 1 is an aggressive level. If you want to take position of 10K in a stock and think that you will miss the opportunity, then go with little qty on Level 1 and keep cash for Level 2, to average out the positions conservatively

What is meant by Sell Level 1 & Sell Level 2?

Sell Level 1 is conservative level. If you want to exit positions with small gains and conservative mindset, but still think that the stock has potential to go up, then you should take partial exit at Level 1 and keep the position open for Level 2, in an aggressive
manner
Bullish - Aggressively
This Means The Stock Has Given An Upside Breakout & Is Now Bracing For More Upside Targets
Strong
The Stock
Bullish
HasStrong
Closed Above Major Resistances on Daily Timeframes and Is Likely to Test The Weekly & Monthly Levels Now
Neutral - Neutral Wait & See
Bearish - Aggressively This
Strong
Means That Stock Has Broken Major Supports And Is In Strong Bearish Grip
This Means
BearishThat
- Strong
Stock Has Closed Below Major Supports on Daily Timeframe and Is Likely to Test The Weekly & Monthly Levels Now

Disclaimer: This report is for information purposes only and does not constitutes an offer, or invitation to make an offer, to buy or sell any securities. All facts and figures have been taken from the sources that are considered reliable. This report is prepared for the use of Spectrum Securities clients and Spectrum Securities reserves the right for its distribution. Opinions and
recommendations provided does not take into account specific investment objectives or particular investment needs of any specific person or group of persons who may receive this report.