Blog

Welcome to our blog! Discover the latest insights, trends, and updates in the industry.

Making sense of the market correction

Author: Shahab Jafry | Posted on: 09 January 2025
Call it what you like – textbook profit taking, reversion to the mean, or simply a long-overdue correction – but there is nothing really surprising in the way the KSE100 Index is consolidating. Because, however you see it, the bull run that be...

Triangle on dipping volume

Author: Shahab Jafry | Posted on: 30 December 2024
In technical analysis, the triangle formation is probably the most widely recognisable consolidation pattern. Indeed, as the KSE100 Index made a top at 117039.17 on 17 December 2024 and dominant market sentiment tilted towards consolidatio...

Rational to expect range-bound activity?

Author: Shahab Jafry | Posted on: 27 December 2024
Rational to expect range-bound activity? Something clearly happened last week that took the wind out of the market’s sails. But what exactly? And why did it take an interest rate cut to trigger such a harsh correction? Let’s conside...

Hard correction or major trend change?

Author: Shahab Jafry | Posted on: 20 December 2024
So what was all the fuss about?Sure, a near-10,000-point loss over three days, including an almost 5,000-point drop in a single day, is pretty severe and traumatic, but were all the blood-on-the-trading-floor premonitions of an epic crash t...

Market disregards Japanese candlestick patterns! But why?

Author: Shahab Jafry | Posted on: 16 December 2024
It’s interesting, and instructive, how casually the market continues to disregard short-term reversal Japanese candlestick patterns. The last one appeared on Friday, 13 December 2024, when profit-taking (expected?) first pushed the market deep...