The volumes are low as compared to last year. As the big money stopped flowing into stocks for a moment the retail traders and the aggressive players are also waiting for a clear signal in the market.
The KSE 100 is very confusing right now. The simplest and most clear view is that the market is sideways and consolidating as we saw last year in these months.
Whoever is trying to analyze the KSE 100 and thinking that he can figure it out or all the youtubers, they don't know anything about technical.
Right now none can predict anything on the index.
The best thing is to stop watching the index until it closes above mentioned levels and focus on stocks only right now.
The KSE 100 is very confusing right now. The simplest and most clear view is that the market is sideways and consolidating as we saw last year in these months.
Whoever is trying to analyze the KSE 100 and thinking that he can figure it out or all the youtubers, they don't know anything about technical.
Right now none can predict anything on the index.
The best thing is to stop watching the index until it closes above mentioned levels and focus on stocks only right now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.