Introduction: Over the last five months, the KSE 100 Index has displayed a remarkable rally, surging from 39,894 in June 2023 to 56,873 as of today, November 14, 2023—an impressive 42.5% return in a relatively short period. While investors have enjoyed these gains, the current market situation requires a discerning eye. The Hanging Man Candlestick: A Signal to...
📊 Technical Overview: EFERT's recent surge to Rs. 101.36 showcases its prowess, but a dip in dividend yield below the prevailing 22% interest rate has caught investor attention. Let's dissect the charts and explore potential trends. 📈 Price Action Analysis: The uptrend is clearly evident, forming a solid foundation for the current price. Bulls seem in control,...