Global Trading Signals

29/07/2024

SBP cuts policy rate by 1% to 19.5%

28/07/2024

First learn then earn.

27/07/2024

Central bank will likely cut its key interest rate again on Monday in its first policy meeting following the signing of a staff level agreement with the International Monetary Fund and a new state budget, analysts said.

Pakistan and the IMF reached an agreement for the 37-month loan program this month. Tough measures such as raising tax on agricultural incomes and lifting electricity prices have prompted concern among poor and middle class Pakistanis grappling with rising inflation and the prospect of higher taxes.

In June, Pakistan’s central bank cut its key interest rate by 150 bps from an all time high of 22%, in a widely expected move, marking its first rate reduction in nearly four years in its effort to boost growth amid a sharp decline in retail inflation.

Read More:
https://www.brecorder.com/news/40314633/sbp-widely-seen-cutting-rates

27/07/2024

China is considering a fee hike of at least tenfold on high-frequency trading, its latest attempt to rein in some quantitative strategies deemed by regulators as a threat to fairness in the nation’s retail investor-dominated stock market.

28/05/2023

Lond Gold from tge support level of 1930

16/07/2022

11/05/2022

No volumes on good support zones shows weakness

09/05/2022

NRL immediate supports are 230 and 227 if 217 is broken it might test 190 again.

09/05/2022

Chcc formed a hammer before closing of the market, which is a good sign and buying attempt can be done in this script.

Immediate resistance is 121 and 127.
immediate support is 111 and 107

09/05/2022

Due to bad macroeconomic conditions, sell off in international markets and political uncertainty PSX continued its bearish sentiments today l and expecting the same trend tomorrow as well.
To cool overheated indicators short covering can not be ruled out till 43600-800 levels.
As per daily chart market have intraday support levels at 42950 and 42700.
as per weekly chart market has broken long term trendline and may find support at 42500 else it will shed around 800-1000 more points.

28/04/2022

Buy DGKC PIOC Netsol Tele Treet Unity Sazew HCAR AVN these all scripts are on good buying levels.