With the unexpected decision of SBP to increase discount rate market fundamentals have certainly changed. I believe with the current macro-economic situation the range of KSE 100 should be 9,000-11,400 i.e. upper range is reduced by 800 points. I believe investors should book most of their profits as market reach 11,400.
There is no significant change in the Target Prices of individual shares that I recommended so Investors can still follow them. However as I have told you, be cautious now and do book your profits whenever you got them.
You can compare the current share prices of my recommended stocks with the prices when I recommended them on 7th July, 2010. Investors who took position with all those shares must have got good returns as most of the shares have appreciated well.
There is no significant change in the Target Prices of individual shares that I recommended so Investors can still follow them. However as I have told you, be cautious now and do book your profits whenever you got them.
You can compare the current share prices of my recommended stocks with the prices when I recommended them on 7th July, 2010. Investors who took position with all those shares must have got good returns as most of the shares have appreciated well.
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