The history of CSE is going to be re-written this November with the most awaited entrance of LOCH, making ASI reach its record-breaking all-time high.
Many experts wonder whether the ASI is having enough room to host the “emerging Giant” - LOCH .
Meanwhile, some Brokering Firms seem to have appeared with many shatters inside their traditional thinking brains, and some HNWIs who used to cover their filthy body with the English wardrobe started panicking, seeing the “rise of the Giant” made to throw away a few Twitters & WhatsApp messages, smelling the loosing of their long-held Crowns from the “Kingdom of Fools”.
What’s the technical indication?
Even after the strong bull of yesterday majority of technical indicators are in the upward direction making over 80-degree angles.
The newly formed trendline indicates another Rs 50/= more up in the sleeves of the counter for sure.
4,613,581 shares traded yesterday above Rs 70/= and the staggering total volume traded 10,955,548 with the weighted average Rs 71/= reconfirms my Rs 50/= prediction for the ongoing mega rally.
It’s obvious that the total free-float of the counter recycled two times during the course of yesterday, attracting more believers in the second half of the cycle.
Tomorrow trading will start from Rs 75/= if I am not mistaken.