About the Karachi Stock Market Blog Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...
The market gets royally buggered as it falls like a stone down to 8,768 , a record 546 points down. Absolute slaughter as NBP/ MCB / BOP/ POL / PPL / LUCKY / DGKC / NML / all hit their double lower cap and remained capped . The market is totally oversold with an approximate 1000 point decline in two days. There should be some pullback here at these prices as RSI levels are very low. Pampers have been brought into action now as punters get it bad & broke. Maybe time to cut the shorts !!!
The market gets royally buggered as it falls like a stone down to 8,768 , a record 546 points down. Absolute slaughter as NBP/ MCB / BOP/ POL / PPL / LUCKY / DGKC / NML / all hit their double lower cap and remained capped . The market is totally oversold with an approximate 1000 point decline in two days. There should be some pullback here at these prices as RSI levels are very low. Pampers have been brought into action now as punters get it bad & broke. Maybe time to cut the shorts !!!
