Karachi

I do not invest in Karachi but was clear that the neighbouring market was going to beat the Nifty. Now it is also important from a geopolitical angle. Do not expect escatlation of border problems during a bull market. Frackly they do not care and do not have time for this. Not in the near future ie the next six months because wave 5 is still extnding and should touche the upper end of the rising channel since 2009 before it is done. Maybe even a throwover the line. 66000-70000 remains on the cards. This is a quarterly chart.