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Karachi

27 Feb 2015 ‚óŹ 05:23 AM

Karachi 100 - A market in a true bull market maybe close to ending a 3rd wave of a long term advance. The negative divergence on monthly momentum coupled with prices at the upper bollinger band offer reason for caution at these levels for this market. However what is expected is a 4th wave in the long term so the bull market might not be over.

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