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    Ecap 19-Dec-13 Daily Chart: Trend Forecast Current

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    api-237717884
    The document provides analysis and recommendations for three Egyptian stocks - ECAP, NASR, and NEDA. For ECAP, it recommends selling the stock as it is trading just below a strong resistance zone of 3.80. For NASR, it recommends buying the stock as it is trading above a support zone of 7.80 and may reach a target of 10.25 in the short term. For NEDA, it recommends buying the stock as it is trading above a support zone of 15.20 and may reach a target range of 19.00 to 19.70 in the short term. All recommendations include keeping a stop-loss order just below specified support levels.

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    Ecap 19-Dec-13 Daily Chart: Trend Forecast Current

    Uploaded by

    api-237717884
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    The document provides analysis and recommendations for three Egyptian stocks - ECAP, NASR, and NEDA. For ECAP, it recommends selling the stock as it is trading just below a strong resistance zone of 3.80. For NASR, it recommends buying the stock as it is trading above a support zone of 7.80 and may reach a target of 10.25 in the short term. For NEDA, it recommends buying the stock as it is trading above a support zone of 15.20 and may reach a target range of 19.00 to 19.70 in the short term. All recommendations include keeping a stop-loss order just below specified support levels.

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    The document provides analysis and recommendations for three Egyptian stocks - ECAP, NASR, and NEDA. For ECAP, it recommends selling the stock as it is trading just below a strong resistance zone of 3.80. For NASR, it recommends buying the stock as it is trading above a support zone of 7.80 and may reach a target of 10.25 in the short term. For NEDA, it recommends buying the stock as it is trading above a support zone of 15.20 and may reach a target range of 19.00 to 19.70 in the short term. All recommendations include keeping a stop-loss order just below specified support levels.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views3 pages

    Ecap 19-Dec-13 Daily Chart: Trend Forecast Current

    Uploaded by

    api-237717884
    The document provides analysis and recommendations for three Egyptian stocks - ECAP, NASR, and NEDA. For ECAP, it recommends selling the stock as it is trading just below a strong resistance zone of 3.80. For NASR, it recommends buying the stock as it is trading above a support zone of 7.80 and may reach a target of 10.25 in the short term. For NEDA, it recommends buying the stock as it is trading above a support zone of 15.20 and may reach a target range of 19.00 to 19.70 in the short term. All recommendations include keeping a stop-loss order just below specified support levels.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 3

    ECAP Trend

    Medium Term Short Term Near Term

    Daily Chart Current

    19-Dec-13 Forecast

    k k k

    1 1 m

    Last session, El Ezz Porcelain (Gemma) closed at 3.71 losing 0.09 points, nearly 2.40%. ECAP is currently same performer as EGX70.

    Currently, ECAP is trading just below 3.80 resistance zone. Our analysis implies that such resistance zone is strong enough to stop further advances on the near term horizon. Accordingly, traders are advised to sell, while keeping S/L just below 3.30 level.

    Traders are advised to "sell", keep track of the Stop/Loss levels at all times and take all necessary actions to protect profits / reduce loss.

    Close:

    3.71 3.05 3.90


    Ticker Support 1 3.05 Support 2 2.65 Resistance 1 3.90
    Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:[email protected] Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::[email protected]

    Support Level: Resistance Level: Stop / Loss Level:


    Trend Med Term Short Term Near Term

    Resistance 2 4.40

    S/L 3.30

    Reward 5.12%
    Sales Team

    Risk 11.05%

    R/R 0.46

    3.30
    Trading Strategy

    ECAP

    From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

    Buy Sell Buy Dips

    Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

    Head of Sales: Yasser Alaa Tel: 02-27929041 Email:[email protected]

    k m 1

    Trend is up. Trend is down. Trend is flat.

    Sell Rallies Hold

    NASR Trend
    Medium Term Short Term Near Term

    Daily Chart Current

    19-Dec-13 Forecast

    1 1 1

    k k 1

    Last session, El Nasr Transformers (El Maco) closed at 8.51 gaining 0.18 points, nearly 2.20%. NASR is currently same performer as EGX70.

    Currently, NASR is trading above 7.80 support zone. Our analysis implies that NASR may target 10.25 zone on the short term horizon. Accordingly, traders are advised to Buy, while keeping S/L just below 7.75 level.

    Traders are advised to "Buy", keep track of the Stop/Loss levels at all times and take all necessary actions to protect profits / reduce loss.

    Close:

    8.51 7.80 10.25


    Ticker Support 1 7.80 Support 2 6.75 Resistance 1 10.25
    Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:[email protected] Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::[email protected]

    Support Level: Resistance Level: Stop / Loss Level:


    Trend Med Term Short Term Near Term

    Resistance 2 11.35

    S/L 7.75

    Reward 20.45%
    Sales Team

    Risk 8.93%

    R/R 2.29

    7.75
    Trading Strategy

    NASR

    From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

    Buy Sell Buy Dips

    Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

    Head of Sales: Yasser Alaa Tel: 02-27929041 Email:[email protected]

    k m 1

    Trend is up. Trend is down. Trend is flat.

    Sell Rallies Hold

    NEDA Trend
    Medium Term Short Term Near Term

    Daily Chart Current

    19-Dec-13 Forecast

    k m m

    1 k k

    Last session, Northern Upper Egypt Development & Agricultural Production closed at 16.23 gaining 0.11 points, nearly 0.70%. NEDA is currently underperforming EGX70. Currently, NEDA is trading above 15.20 support zone. Our analysis implies that NEDA may target (19.00 19.70) zone on the short term horizon. Accordingly, traders are advised to Buy, while keeping S/L just below 15.00 level.

    Traders are advised to "Buy", keep track of the Stop/Loss levels at all times and take all necessary actions to protect profits / reduce loss.

    Close:

    16.23 15.20 20.00


    Ticker Support 1 15.20 Support 2 13.90 Resistance 1 20.00
    Head of TA Research Buy close to support. Sell close to resistance, S/L level not provided. Buy downward corrections. Sell upward corrections, S/L level not provided. Hold on current position AND track Stop/loss levels. Gulf Sales: Tamer Safwat Tel: 02-27929042 Email:[email protected] Institutional Sales: Mohamed Mounir Tel: 02-27929043 Email::[email protected]

    Support Level: Resistance Level: Stop / Loss Level:


    Trend Med Term Short Term Near Term

    Resistance 2 22.90

    S/L 15.00

    Reward 23.23%
    Sales Team

    Risk 7.58%

    R/R 3.07

    15.00
    Trading Strategy

    NEDA

    From 3 to 9 Months. From 3 to 6 Weeks. Up to 3 Weeks.

    Buy Sell Buy Dips

    Tamer Gamal, CFTe, MSTA, CETA Technical Analyst Abdel Rahman Atwa, CETA

    Head of Sales: Yasser Alaa Tel: 02-27929041 Email:[email protected]

    k m 1

    Trend is up. Trend is down. Trend is flat.

    Sell Rallies Hold

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