MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the money invested in the shares is getting more and more impatient for an exit!
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how AIRLINK displayed a rally after the BUY signal which was issued on 22/04/2024. Since then, the gain in this stock stretched to a whopping 9%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
30/04/2024
 
AIRLINK
 
Last Signal
SELL
2201
Sell Level
78.98
Sold at
78.47
Close
73.06
Gain%
-6.89
Sold on
30/04/2024
 
HALEON
 
Last Signal
SELL
3209
Sell Level
253.26
Sold at
251.84
Close
241.84
Gain%
-3.97
Bought on
30/04/2024
 
KAPCO
 
Last Signal
BUY
2103
Buy Level
27.14
Bought at
27.24
Close
27.44
Gain%
0.73
Bought on
30/04/2024
 
TSPL
 
Last Signal
BUY
2103
Buy Level
9.2500
Bought at
9.3000
Close
9.3000
 
 
Sold on
29/04/2024
 
META
 
Last Signal
STAY IN CASH
0
 
Sold at
13.40
Close
13.38
Gain%
-0.15
Bought on
29/04/2024
 
NRL
 
Last Signal
STAY LONG
0
 
Bought at
297.43
Close
299.65
Gain%
0.75
Bought on
26/04/2024
 
CSIL
 
Last Signal
SHORT
2201
Sell Level
2.2100
Bought at
2.2450
Close
2.2000
Loss%
-2.00
Bought on
26/04/2024
 
JLICL
 
Last Signal
SHORT
2203
Sell Level
121.12
Bought at
123.07
Close
120.00
Loss%
-2.49
Sold on
26/04/2024
 
OCTOPUS
 
Last Signal
STAY IN CASH
2105
Buy Level
61.35
Sold at
60.84
Close
61.08
Loss%
0.39
Sold on
26/04/2024
 
TGL
 
Last Signal
STAY IN CASH
0
 
Sold at
121.49
Close
109.43
Gain%
-9.93
Sold on
25/04/2024
 
FABL
 
Last Signal
STAY IN CASH
2108
Buy Level
39.84
Sold at
40.57
Close
39.51
Gain%
-2.61
Sold on
24/04/2024
 
MCBIM
 
Last Signal
STAY IN CASH
0
 
Sold at
30.04
Close
30.86
Loss%
2.73
Bought on
24/04/2024
 
OLPL
 
Last Signal
STAY LONG
2206
Sell Level
29.12
Bought at
28.88
Close
29.08
Gain%
0.69
Bought on
23/04/2024
 
MDTL
 
Last Signal
STAY LONG
2202
Sell Level
1.4300
Bought at
1.4500
Close
1.6300
Gain%
12.41
Sold on
23/04/2024
 
NBP
 
Last Signal
STAY IN CASH
0
 
Sold at
43.60
Close
39.41
Gain%
-9.61
Bought on
23/04/2024
 
SHEZ
 
Last Signal
SHORT
2203
Sell Level
102.15
Bought at
101.73
Close
99.09
Loss%
-2.60
Sold on
22/04/2024
 
KOSM
 
Last Signal
STAY IN CASH
2102
Buy Level
4.6100
Sold at
4.8100
Close
4.3900
Gain%
-8.73
Bought on
22/04/2024
 
NRSL
 
Last Signal
STAY LONG
2203
Sell Level
19.73
Bought at
19.48
Close
19.73
Gain%
1.28
Sold on
19/04/2024
 
BOP
 
Last Signal
STAY SHORT
0
 
Sold at
5.5600
Close
5.1000
Gain%
-8.27
Sold on
19/04/2024
 
DSIL
 
Last Signal
STAY IN CASH
2101
Buy Level
2.6100
Sold at
2.6950
Close
2.5000
Gain%
-7.24
Sold on
17/04/2024
 
SCBPL
 
Last Signal
STAY IN CASH
2107
Buy Level
55.25
Sold at
56.44
Close
51.20
Gain%
-9.28
Sold on
16/04/2024
 
SGF
 
Last Signal
STAY IN CASH
0
 
Sold at
60.68
Close
60.02
Gain%
-1.09
Bought on
09/04/2024
 
ATIL
 
Last Signal
SELL
2209
Sell Level
39.48
Bought at
39.04
Close
39.31
Gain%
0.69
Bought on
08/04/2024
 
EXIDE
 
Last Signal
STAY LONG
3210
Sell Level
403.22
Bought at
380.00
Close
403.22
Gain%
6.11
Sold on
03/04/2024
 
PAKRI
 
Last Signal
STAY IN CASH
2111
Buy Level
12.02
Sold at
15.17
Close
11.62
Gain%
-23.40
Sold on
02/04/2024
 
PTC
 
Last Signal
STAY SHORT
2102
Buy Level
14.84
Sold at
16.53
Close
14.09
Gain%
-14.76
Bought on
01/04/2024
 
AHL
 
Last Signal
STAY LONG
2208
Sell Level
51.50
Bought at
45.35
Close
51.71
Gain%
14.02
Bought on
27/03/2024
 
COLG
 
Last Signal
STAY LONG
0
 
Bought at
1329.82
Close
1301.14
Loss%
-2.16
Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Pakistanibulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Pakistanibulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Pakistanibulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Pakistanibulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.
read more