WEDNESDAY 10 March 2010 
 
         
KSE-100 
OPEN HIGH LOW CLOSE 
9,740.19 9,861.08 9,740.19 9,787.03
Change 46.84 0.48% 

Turnover 

Previous Current %Change 
125.60 178.73 42.3% 

CFS Statistics 

Value Change Badla Rate 
N.A N.A N.A 

Single Stock Forward 

FUTURE (bn)

0.76  

CHANGE

240.81

Technical Sentiment 

    SENTIMENT
    RESISTANCE R2
9,916.89
R1
9,851.81
    SUPPORT S1
9,730.92
S2
9,675.11
 

Outlook    

Are the levels above 9,850 haunted?  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Equity Roundup

10,000 or not; that is the question?
The bulls rallied once again to push the KSE100 past 9,850 intraday but gave way to selling pressure to close at 9,787 with a net gain of 47 points. Volumes were remarkably improved by 42% compared to yesterday, at 178 million shares. An expanding trend in volume here will be the key for a move and close beyond 10,000. Failure to close above 10,000 on the other hand, will create a triple top formation and any pull back from there or just below will be our signal to sell with the intent to play the range. Supports are at 9,700 and 9,550, the latter also representing our last line of support.
 
Special Convertible Rupee Accounts (SCRA)
  Daily Flow Cumulative Net Flow
  Inflow Outflow Net Mar-10 Jul-09 to date
Mar 8 2010 5.38 12.49 -7.11 21.99 316.05
 
 
Tech Corner
Equity technical chart
 
 
         
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DISCLAIMER

This memorandum is produced by BMA Capital Management Limited and is only for the use of their clients. While the information contained herein is from sources believed reliable, we do not represen
t that it is accurate or complete and should not be relied upon as such. Opinions expressed may be revised at any time. This memorandum is for information only and is not an offer to buy or sell, or solicitation of any offer to buy or sell the securities mentioned.