Syed Salman Ahmed
Head of Sales, Aba Ali Habib Securities
Market is currently looking overbought which may lead to technical decline. 34,000 levels seem to be a strong resistance point for market. Due to rollover week market may remain sluggish. Weak law &b order state seems another reason for market decline. Today market is expected to remain negative. Investors are advised to wait for dip of 500 to 600 points and then take interest in cement, fertilizer and selective banks.