Daily Technical Analysis Report 22 May 2011

8/4/2019 Daily Technical Analysis Report 22 May 2011

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Date: May 22, 2011

DAILY TECHNICAL ANALYSIS REPORT


2/34

IMPORTANT INFORMATION & RISK WARNINGS

DISCLAIMER :

Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast future price and market movements.Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to

recommendations issued by United Securities in the company research undertaken as the recommendations stated in this report is derived

purely from technical analysis.

United Securities has based this document on information obtained from sources it believes to be reliable but which it has not independently

verified; United Securities makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or

completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject

to change without notice. The information and any disclosures provided herein are in summary form and have been prepared for informational

purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the

day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to

change.

The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or

disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to

purchase or sell any security or other financial product or instrument. The current performance may be un-audited. Past performance does not

guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee

against the loss of your entire investment.

POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on 22nd

May, 2011)Disclosure of interest statement

1. Analyst interest of the stock(s): - No

2. Firm interest of the stock(s): - Yes


3/34

MSM 30 6,048.330 -0.250% 14.890Stop Out.

MSM 30 closed marginally up by -0.25 %

(0.25 points) to close at 6048.33 points. The

days high and low was 6048.33 and 6016.15

points respectively. The total shares

exchanged increased to 2963375.00 as

compared to the previous day.

The weakness signal has formed and

confirmed, and stop loss has triggered on May

18, on a daily close below 6120.00, where

descending triangle was confirmed by breaking

the neckline at 6120 downward, candle sticks

formed long black candle below 6120.00. It is

worth mentioning that the earlier strengthsignals was formed and confirmed on May 02

on a daily close at 6372.32, where candle sticks

formed a bullish candle, stochastic oscillator

triggered a bullish crossover.

Trader can stop out and sell at the current

price or close to resistance area, and wait on

the sidelines to see how things develop.

Resistance and support levels will be more

less intact. On its way down, there is an

immediate support at the 5957.61 level with

the next support expected to appear at a lower

level of 5866.88. On its way up, the immediate

resistance is at the 6139.05 level while the

next resistance is expected to be at a higher

level of 6229.78.

Last %Chg Turnover Volume 50 DMA 200 DMA

6048.33 0.25 2963375.00 8237867.00 6353.00 6507.00

Stochastic RSI S1 S2 R1 R2

22.00 39.00 5957.61 5866.88 6139.05 6229.78


4/34


5/34

AHLI BANK (ABOB 0.261 0.39 %)Buy.

ABOB closed marginally up by 0.39 %

(RO 0.001) to close at RO 0.261. The days highand low was 0.263 and 0.260 points

respectively. The total shares exchanged

increased to 264385 as compared to previous

day.

The strength signals were formed and

confirmed on April 28, on a daily close at

0.286, where formed a bullish candle after a

downward correction from 0.295. The upward

relative performance (RS) suggests an out

performance Vs. MSM 30.

Trader can buy at the current price or close to

support levels, stop loss should be triggered on

a daily close below 0.260.



immediate support at the 0.257 level with the

next support expected to appear at a lower


resistance is at the 0.265 level while the next

resistance is expected to be at a higher level of

0.269. Last %Chg Turnover Volume 7D VOL Chg % 30 D VOL Chg %

0.261 0.39 69058.525 264385 63.15 135.98

52 WK. High 52 WK. Low S1 S2 R1 R2

0.31 0.22 0.257 0.253 0.265 0.269


6/34

BANK MUSCAT (BKMB 0.715 -0.14 %)Stop Out.

BKMB closed marginally down by -0.14 %

(RO -0.001) to close at RO 0.715. The days highand low was 0.726 and 0.707 points



day.



18, on a daily close below 0.720, where a

double top was formed, minor support at

0.750 as well, at 0.720 was broken downward.

It is worth mentioning that The earlier strengthsignals was formed and confirmed on May 01,

on a daily close at 0774, where stochastic

oscillator triggered a bullish crossover near

oversold area, candle sticks formed bullish

candle. The downward RS suggests an under












0.736.

Last %Chg Turnover Volume 7D VOL Chg % 30 D VOL Chg %

0.715 -0.14 503396.784 703855 -5.22 -31.30


0.88 0.63 0.704 0.694 0.726 0.736


7/34

BANK SOHAR (BKSB 0.150 -1.32 %)

Buy.

BKSB closed marginally down by -1.32 %

(RO -0.002) to close at RO 0.150 . The dayshigh and low was 0.153 and 0.150 points



day.

The strength signals was formed and

confirmed on May 02, on a daily close at 0.158,

where the momentum of the downward move

is slow down as compared to the upward

wave, RSI is marginally oversold. the

downward relative performance (RS) suggests

an under performance Vs. MSM 30











0.155.


0.15 -1.32 157413.736 1047302 89.62 72.02


0.23 0.15 0.148 0.146 0.152 0.155


8/34

GLOBAL FINANCIAL INVESTMENT (GFIC 0.054 0.00 %)Buy.

GFIC unchanged to close at RO 0.054. The

days high and low was 0.054 and 0.053 pointsrespectively. The total shares exchanged

increased to 584715 as compared to the

previous day.

The strength signals have formed on May 19,

on a daily close at 0.054, where GFIC declined

marginally 15 % from 0.063 to reach oversold

area coinciding with support level at 0.053,

candle sticks formed a bullish pattern; and

volume is higher as compared to previous

days. the downward relative performance (RS)

suggests an under performance Vs. MSM 30











0.056.


0.054 0.00 31444.896 584715 604.02 427.98


0.093 0.053 0.053 0.052 0.055 0.056


9/34

GULF INVESTMENT SER. (GISI 0.063 1.61 %)

Wait clear signal.

GISI closed marginally up by 1.161 %




day.

The earlier weakness signals have formed and


0.071, where candle sticks formed a bearish

candle pattern close to resistance level at

0.073, indicators point to overbuy. the

downward relative performance (RS) suggestsan under performance Vs. MSM 30

Traders can wait on the sidelines to see how

things develop.








0.065.


0.063 1.61 17757.926 281873 135.25 129.71


0.11 0.06 0.062 0.061 0.064 0.065


10/34

NATIONAL BANK OF OMAN (NBOB 0.308 1.32 %)Buy.

NBOB closed marginally up by 1.32 %




day.



0.307, where support at 0.300 might work as

bulwark, and momentum is slowdown volume

is higher as compared to previous days. The

downward relative performance (RS) suggestsan under performance Vs. MSM 30.











0.317.


0.308 1.32 101013.08 328320 230.52 83.67


0.385 0.289 0.303 0.299 0.313 0.317


11/34

OMAN & EMIRATES INV. (OM) (OEIO 0.114 0.00 %)

Wait clear signal.

OEIO unchanged to close at RO 0.114. The



previous day.





0.165, indicators point to overbuy. . The

downward relative performance (RS) suggests

an under performance Vs. MSM 30.


things develop.








0.117.


0.114 0.00 26772.757 234430 208.38 308.52


0.238 0.112 0.112 0.111 0.116 0.117


12/34

OMAN INTERNATIONAL BANK (OIBB 0.260 0.00 %)

Buy.

OIBB unchanged to close at RO 0.260. The



previous day.


on a daily close at 0.260, where OIBB declined

marginally 9.00 % from 0.280 to reach

oversold area coinciding with support level at

0.253. the up ward relative performance (RS)

suggests an out performance Vs. MSM 30.

Trader can buy at the current price or close tosupport levels; stop loss should be triggered on









0.268.


0.26 0.00 187510.62 720129 200.70 178.29


0.28 0.23 0.256 0.252 0.264 0.268


13/34

OMAN INVESTMENT & FINANCE (OIFC 0.199 1.02 %)

Wait clear signal.

OIFC closed marginally up by 1.02 %




day.





0.220. the up ward relative performance (RS)



things develop.









0.199 1.02 29992.956 150474 -52.85 -42.66


0.326 0.165 0.196 0.193 0.202 0.205


14/34

OMINVEST (OMVS 0.498 0.00 %)

Buy.

OMVS unchanged to close at RO 0.498. The



previous day.


on a daily close at 0.502, where OMVS

declined marginally 7.00 % from 0.525 to reach

oversold area coinciding with support level at

0.473 and uptrend line, and candle sticks

formed a bullish pattern. The up ward relative

performance (RS) suggests an out performance

Vs. MSM 30.


support levels; stop loss should be triggered on








resistance is expected to be at a higher level of0.513.


0.498 0.00 107791.596 216515 -38.68 -59.88


0.53 0.36 0.491 0.483 0.505 0.513


15/34

ONIC. HOLDING (ONIC 0.262 4.38 %)

Stop out.

ONIC closed marginally up by 4.38 %




day.



17, on a daily close below 0.270, where a

double top was formed, minor support at

0.290 as well, at 0.270 was broken downward.

It is worth mentioning that the earlier strength

signals was formed and confirmed on April 04,on a daily close at 0.298, where a resistance at

0.280 was broken. The upward relative


Vs. MSM 30.






immediate support at the 0.258 level with thenext support expected to appear at a lower




0.270.


0.262 4.38 53613.478 205018 791.07 62.62


0.5 0.23 0.258 0.254 0.266 0.270


16/34

TRANSGULF IND. INV. HOLDING (TGII -0.065 1.52 %)Wait for profit taking

TGII closed marginally down by -1.52 %

(RO -0.001) to close at RO 0.065. The days highand low was 0.067 and 0.064 points



day.

The downward move from 0.070 is just a

correction, but its not opportunity to add

position where the technical tools have not

strength signals. It is worth mentioning that

the earlier strength signals was formed and


0.067, A resistance at 0.0.063 was broken,volume is higher as compared to previous day.

the upward relative performance (RS) suggests

an out performance Vs. MSM 30.

Trader can wait for profit taking, stop loss

should be triggered on a daily close below

0.060.




next support expected to appear at a lowerlevel of 0.063. On its way up, the immediate



0.067.


0.065 -1.52 15543.355 238479 -14.37 -16.23


0.122 0.054 0.064 0.063 0.066 0.067


17/34

AL ANWAR CERAMIC TILES (AACT 0.279 0.00 %)Take profit & Wait clear signal.

AACT unchanged to close at RO 0.279. The



previous day.





0.300. the upward relative performance (RS)


Traders can take profit at the current price or

close to resistance area, and wait on the

sidelines to see how things develop.








0.287.


0.279 0.00 114478.522 410384 31.18 26.58


0.31 0.23 0.275 0.271 0.283 0.287


18/34

AL JAZEERA STEEL PRODUCT COMPANY (ATMI 0.271 1.12 %)

Buy.

ATMI closed marginally up by 1.12 %

(RO 0.003) to close at RO 0.271. The days high

and low was 0.275 and 0.267 points



day.

The strength signals were formed and

confirmed on March 30, on a daily close at

0.0.290, where MACD line was broken upward,

stochastic oscillator triggered a bullish

crossover, and volume is higher as compared

to previous days. The upward relative

performance (RS) suggests an out performanceVs. MSM 30.


support levels, and stop loss should be trigged

on a daily close below 0.267.






resistance is at the 0.275 level while the nextresistance is expected to be at a higher level of

0.279.


0.271 1.12 38489.88 141980 249.21 -46.34


0.36 0.25 0.267 0.263 0.275 0.279


19/34

CONSTRUCTION MATERIALS IND. (CMII 0.055 1.85 %)Buy.

CMII closed marginally up by 1.85 %





day.



where the major support at 0.055 might work

as a bulwark, candle sticks formed a bullish

pattern near major support. the downward

relative performance (RS) suggests an underperformance Vs. MSM 30










0.057.

%Chg Turnover Volume 7D VOL Chg % 30 D VOL Chg %

0.055 1.85 514.25 9350 -37.47 -88.73


0.088 0.053 0.054 0.053 0.056 0.057


20/34

NAT. ALUMINIUM PRODUCTS (NAPI -0.391 1.01 %)

Buy.

NAPI closed marginally down by -1.01%

(RO -0.004) to close at RO 0.391. The days high




day.

A daily close at 0.390, on May 17, is not a sign

to stop out, because the support level at 0.400

was broken slightly, and volume is too weak as

compared to previous days. It is worth

mentioning that The strength signals was

formed and confirmed on April 28, on a daily

close at 0.421, where major support at 0.400might work as bulwark, and stochastic

oscillator and RSI are oversold. The flat RS

suggests an equal performance Vs. MSM 30.







next support expected to appear at a lowerlevel of 0.379 . On its way up, the immediate



0.403.


0.391 -1.01 21179.5 54153 -63.64 -54.30


0.55 0.35 0.385 0.379 0.397 0.403


21/34

OMAN CABLES INDUSTRY (OCAI 0.953 0.00 %)

Stop out & Wait.

OCAI unchanged to close at RO 0.953. The

days high and low was 0.953 and 0.953 points



previous day.

On March 16, the buy signal was formed on a

daily close at 1.072 of the bullish candle stick,

and stop loss has triggered on a daily close

below 1.050, indicators point to strength but

no buy signal. the upward relative


Vs. MSM 30.

Trader can stop out and wait on the sidelines

to see how things develop.








0.982.


0.953 0.00 33831.5 35500 -0.25 -42.65


1.34 0.95 0.939 0.924 0.967 0.982


22/34

OMAN CHLORINE (OCHL 0.362 5.54 %)

Buy.

OCHL closed marginally up by 5.54 %





day.

A daily close to 0.340 on May 17, is not a sign



compared to previous days. It is worth

mentioning that The strength signals was

formed and confirmed on April 14, on a dailyclose at 0.378, where candle sticks formed a

bullish pattern, and a support at 0.349 worked

as a bulwark, volume is higher as compared to

the previous days. The flat relative

performance (RS) suggests an equal;





Resistance and support levels will be moreless intact. On its way down, there is an






0.373.


0.362 5.54 73720.428 203511 756.92 378.26


0.5 0.34 0.357 0.351 0.367 0.373


23/34

OMAN CEMENT (OCOI 0.563 0.36 %)

Take Profit.

OCOI closed marginally up by 0.36 %





day.

On March 29, on a daily close at 0.573 the

buy signal was confirmed, the technical tools

suggested a weakness, for example, a

resistance at 0.617 might wok as bulwark, RSI

is overbought, candle sticks formed a bearish

candle. The downward RS suggests an underperformance Vs. MSM 30.

Trader can Take profit at the current price or








resistance is at the 0.571level while the nextresistance is expected to be at a higher level of

0.580.


0.563 0.36 15203.42 27000 -32.49 -24.94


0.7 0.48 0.555 0.546 0.571 0.580


24/34

RAYSUT CEMENT (RCCI -1.051 0.57 %)

Take Profit & Wait clear signal.

RCCI closed marginally down by -0.57 %





day.

The earlier weakness signals have formed

and confirmed on April 07, on a daily close at



1.140.The downward RS suggests an under


Traders can take profit at the current price or











1.051 -0.57 31514.417 29974 6.07 -18.47


1.41 0.93 1.035 1.019 1.067 1.083

( )


25/34

VOLTAMP ENERGY (VOES 0.525 1.55 %)

Wait Clear Signal.

VOES closed marginally up by 1.55 %





day.

The earlier weakness signals have formed

and confirmed on April 14, on a daily close at



635.The downward RS suggests an under



things develop.








0.541.


0.525 1.55 24883.426 47373 -1.48 -46.27


0.69 0.37 0.517 0.509 0.533 0.541


26/34

AL JAZEIRA SERVICES (AJSS -0.198 0.50 %)

Take profit.

AJSS closed marginally down by -0.50 %





day.

The weakness signal was formed and



candle coinciding with a resistance at 0.204,

stochastic is overbought. . It is worth

mentioning that the earlier strength signals

were formed and confirmed On March 20, on adaily close at 0.194. The upward RS suggests an

out performance Vs. MSM 30.

Trader can take profit at the current price or







level of 0.192. On its way up, the immediateresistance is at the 0.201 level while the next


0.204.


0.198 -0.50 31313.052 157749 -17.30 -30.42


0.23 0.16 0.195 0.192 0.201 0.204


27/34

GALFAR ENGINEERING & CONTRACTING (GECS 0.445 2.30 %)

Buy.

GECS closed marginally up by 2.30 %


and low was 0.447 and 0.439 pointsrespectively. The total shares exchanged


day.

A daily close at 0.435, on May 17, is not a sign



compared to previous days. The strength

signals was formed and confirmed on May 01,

on a daily close at 0.474, where candle stick

formed a bullish pattern, stochastic oscillator

triggered a bullish crossover, and momentumis slow down as compared to the upward

move. The downward relative performance

(RS) suggests an under performance Vs. MSM

30.


support levels, stop loss should be triggered

clearly on a daily close below 0.440.








0.458.


0.445 2.30 59930.882 134639 -55.44 -50.64


0.6 0.35 0.438 0.432 0.452 0.458


28/34

OMAN QATARI TELECOMMUNICATION SAOG (NWRS -0.706 0.28 %)


0.706 -0.28 615133.621 871270 90.00 73.63


0.8 0.63 0.695 0.685 0.717 0.727

Buy.

NWRS closed marginally down by -0.28 %





day.



0.749, where candle sticks formed bullish

pattern, stochastic oscillator triggered bullish

crossover at oversold area. The downward (RS)

suggests an under performance Vs. MSM 30.

Trader can buy at the current price or close tosupport levels, stop loss should be triggered on





next support expected tao appear at a lower




0.727.


29/34

OMAN TELECOMMUNICATION (OTEL 1.093 0.28 %)

Buy.

OTEL closed marginally up by 0.28 %





day.

the strength signals was formed and


where a resistance at 1.121 was broken, and

volume is higher as compared to the previous

days. The upward relative performance (RS)







immediate support at the 1077 level with the


level of 1060. On its way up, the immediate




1.093 0.28 97592.662 89314 -44.25 -36.81


1.19 1.03 1.077 1.060 1.109 1.126


30/34

RENAISSANCE SERVICES (RNSS 0.941 0.32 %)

Buy.

RNSS closed marginally up by 0.32 %





day.



1.049, where candle sticks formed bullish

pattern, volume is higher as compared to the

previous days, and stochastic oscillator

triggered a bullish crossover at oversold area.

The downward relative performance (RS)suggests an under performance Vs. MSM 30.










0.969.


0.941 0.32 265594.083 282261 -66.68 -67.09


1.34 0.65 0.927 0.913 0.955 0.969


31/34

A SAFFA FOODS (SPFI 0.387 0.52 %)

Take profit & wait.

SPFI closed marginally up by 0.52 %





day.

The weakness signal was formed and

confirmed on April 07, On a daily close at 0.424

where stochastic oscillator is overbought

coinciding with a resistance level at 0.440. It is

worth mentioning that the earlier strength

signals was formed and confirmed on March

20, on a daily close at 0.0.379, where candlesticks formed a bullish pattern, and stochastic

oscillator is oversold. The downward relative

performance (RS) suggests an under


Trader can take profit at the current price or





immediate support at the 0.381 level with thenext support expected to appear at a lower




0.399.


0.387 0.52 16240 41945 -14.82 -33.52


0.48 0.21 0.381 0.375 0.393 0.399


32/34

UNITED FINANCE (UFCI 0.067 4.69 %)

Add position and wait for profit taking.

UFCI closed marginally up by 4.69 %





day.

The downward move from 0.070 is just a

correction, and might be an opportunity to add

position, where stochastic oscillator is

oversold, coinciding with support level at

0.062. It is worth mentioning that the earlier

strength signals was formed and confirmed on

April 28, on a daily close at 0.064, momentumin the downward move is slow as compared to

the upward move, volume is higher as

compared to the previous days, and stochastic

oscillator triggered a bullish crossover near

oversold area. The downward relative

performance (RS) suggests an under


Trader can add position at the current price or

close to support levels, and wait for profit

taking, stop loss should be triggered on a daily

close below 0.062.








0.069.


0.067 4.69 13759.216 205519 629.83 191.22


0.13 0.056 0.066 0.065 0.068 0.069

SUMMARY OF THE DAY


33/34

SUMMARY OF THE DAY

Symbol Last %Chg Turnover Volume 7D VOL Chg % 30 D VOL Chg % 52 WK. High 52 WK. Low S1 S2 R1 R2 Recommendation Stop Loss

Banks and Investment companies

AAIT 0.101 1.00 12048.966 119445 106.39 -22.94 0.229 0.097 0.099 0.098 0.103 0.104 Buy 0.097

ABOB 0.261 0.39 69058.525 264385 63.15 135.98 0.31 0.22 0.257 0.253 0.265 0.269 Buy 0.260

BKMB 0.715 -0.14 503396.784 703855 -5.22 -31.30 0.88 0.63 0.704 0.694 0.726 0.736 Stop Out --

BKSB 0.15 -1.32 157413.736 1047302 89.62 72.02 0.23 0.15 0.148 0.146 0.152 0.155 Buy 0.150

GFIC 0.054 0.00 31444.896 584715 604.02 427.98 0.093 0.053 0.053 0.052 0.055 0.056 Buy 0.053

GISI 0.063 1.61 17757.926 281873 135.25 129.71 0.11 0.06 0.062 0.061 0.064 0.065 Wait clear signal --

NBOB 0.308 1.32 101013.08 328320 230.52 83.67 0.385 0.289 0.303 0.299 0.313 0.317 Buy 0.300

OEIO 0.114 0.00 26772.757 234430 208.38 308.52 0.238 0.112 0.112 0.111 0.116 0.117 Wait clear signal --

OIBB 0.26 0.00 187510.62 720129 200.70 178.29 0.28 0.23 0.256 0.252 0.264 0.268 Buy 0.253

OIFC 0.199 1.02 29992.956 150474 -52.85 -42.66 0.326 0.165 0.196 0.193 0.202 0.205 Wait clear signal --

OMVS 0.498 0.00 107791.596 216515 -38.68 -59.88 0.53 0.36 0.491 0.483 0.505 0.513 Buy 0.470

ONIC 0.262 4.38 53613.478 205018 791.07 62.62 0.5 0.23 0.258 0.254 0.266 0.270 Stop Out 0.3TGII 0.065 -1.52 15543.355 238479 -14.37 -16.23 0.122 0.054 0.064 0.063 0.066 0.067 Wait for profit taking 0.060

Industry

AACT 0.279 0.00 114478.522 410384 31.18 26.58 0.31 0.23 0.275 0.271 0.283 0.287 Take profit & wait --

ATMI 0.271 1.12 38489.88 141980 249.21 -46.34 0.36 0.25 0.267 0.263 0.275 0.279 Buy 0.267

CMII 0.055 1.85 514.25 9350 -37.47 -88.73 0.088 0.053 0.054 0.053 0.056 0.057 Buy 0.055

NAPI 0.391 -1.01 21179.5 54153 -63.64 -54.30 0.55 0.35 0.385 0.379 0.397 0.403 Buy 0.390

OCAI 0.953 0.00 33831.5 35500 -0.25 -42.65 1.34 0.95 0.939 0.924 0.967 0.982 Stop Out --

OCHL 0.362 5.54 73720.428 203511 756.92 378.26 0.5 0.34 0.357 0.351 0.367 0.373 Buy 0.340

OCOI 0.563 0.36 15203.42 27000 -32.49 -24.94 0.7 0.48 0.555 0.546 0.571 0.580 Take profit & Wait --

RCCI 1.051 -0.57 31514.417 29974 6.07 -18.47 1.41 0.93 1.035 1.019 1.067 1.083 Take profit & Wait --

VOES 0.525 1.55 24883.426 47373 -1.48 -46.27 0.69 0.37 0.517 0.509 0.533 0.541 Wait clear signal --

Services and Insurance

AJSS 0.198 -0.50 31313.052 157749 -17.30 -30.42 0.23 0.16 0.195 0.192 0.201 0.204 Take profit & Wait --

GECS 0.445 2.30 59930.882 134639 -55.44 -50.64 0.6 0.35 0.438 0.432 0.452 0.458 Buy 0.440

NWRS 0.706 -0.28 615133.621 871270 90.00 73.63 0.8 0.63 0.695 0.685 0.717 0.727 Buy 0.700

OTEL 1.093 0.28 97592.662 89314 -44.25 -36.81 1.19 1.03 1.077 1.060 1.109 1.126 Buy 1.090

RNSS 0.941 0.32 265594.083 282261 -66.68 -67.09 1.34 0.65 0.927 0.913 0.955 0.969 Buy 0.918

SPFI 0.387 0.52 16240 41945 -14.82 -33.52 0.48 0.21 0.381 0.375 0.393 0.399 Take profit & Wait --

UFCI 0.067 4.69 13759.216 205519 629.83 191.22 0.13 0.056 0.066 0.065 0.068 0.069 Add & wait 0.062


34/34

CONTACT US

Contacts Contact Person Email Telephone

United Securities LLC

Post Box No 2566

Postal Code 112

Ruwi, Sultanate of

Sumaiya Al Buloshi [email protected] +968 2476 3300

Client Services Ibtisam Al Zadjali [email protected] +968 2476 3338

Asset Management Tara Bassit [email protected] +968 2476 3352/65/49

Research Joice Mathew [email protected] +968 2476 3311

Brokerage Adel Nasr [email protected] +968 2476 3312/13/14

International Brokerage Wael Abdul Rasool [email protected] +968 2476 3306/17

Daily Technical Analysis Report 22 May 2011

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Transcript of Daily Technical Analysis Report 22 May 2011