Tuesday, 30 July 2013

Today's Market Closing and Further Moment

The momentum of the market and the volume of the market shows that market have good strength for further growth. The market momentum continues of primary bull trend, and we are expecting further upside of the market. Their is slightly possibility available for KSE-100 Index at 25,000 and after stabilizing on these levels will further leads to 27,225 to 29,100 levels. However, Investors should have enough room to check the intermediate downside or i must say that correction up to 20,550 to 19,400 levels. We recommended all investors only these companies ENGRO, PSO, SNGP, MARI, PTC, FABL, BOP and strong recommendation of EPCL. 

Engro Polymer Chemical Limited Expected Result

EPCL is scheduled to announced its 1HCY13 results on Aug 05, 2013. We are expecting the significant rise in this script about 28% to 30%. Current rate of EPCL is 13.37 we suggest all investors to invest in EPCL and we are also giving the target price of Rs. 17.50 per share. Strongly recommended BUY call on this very script.

Engro Polymer Chemical Limited growing day by day and we put our eye on that script. Its very cheaper on current levels.

Impotant Results of AHCL and AHL Karachi Stock Exchange

Arif Habib Co. Limited and Arif Habib Limited announces their result but we are expecting more Earning Per Share.

Results are below:

We are expecting from Arif Habib Co. Limited to be announce Rs. 4.25 Per share but its a bit disappintment of viewing the Rs. 2.25 Per Share. Sell call from my side and wait for the best price as market is at their all time high level so we suggest you all to be awair of the down side and try liquidate your accounts. We expect down side in AHCL and also we suggest to BUY below 20.00
Very good results from Arif Habib Limited we remain recommend BUY stance in AHL with the target price 47.00. AHL is showing negative side due to inter holding of AHCL that is the main reason of its current negativity.