11 Jan 2017 - Egyptian Financial Group Hermes Holding. HRHO.CA. 27.35. 28.60. 27.05. 4.57%. 1.10%. 4.2. Pioneers Holding
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EGX 30
RIC: .EGX30
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Wednesday, January 11, 2017
DAILY CHART
After fulfilling the upside targets of a continuation (green) ascending triangle pattern, the index continued its rising move near 11,600 level. The index has completed another continuation pattern (symmetrical triangle) assigning upside targets near 12,000 then 12,300 levels (Done). A short-term downside correction move has been witnessed before continuing the way up. Volume and price momentum indicators are showing short-term bearish structure. Short-term traders are advised to hold and medium-term to buy dips. Otherwise a stop loss below 12,250 level should be respected.
BOTTOM LINE: (Last Price: 13,014 pt.) Short-term traders are advised to Hold and medium-term to Buy Dips.
SIGNIFICANT LEVELS: First
Second
Third
Support
12,500
12,000
11,650
Resistance
13,000
13,250
13,600
Stop Loss
12,250
11,950
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Target
-
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-
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EGX 70
RIC: .EGX70
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Wednesday, January 11, 2017
DAILY CHART
The index has cleared the upper band of a medium-term (green) descending triangle pattern. The completed pattern assigned upside targets near 370, 384, then 406 levels (done). The index has cleared a long-term (brown) declining trend line and a retreating movement to the broken band has been witnessed before continuing the way up. Volume and price momentum indicators are showing bearish structure. Short-term traders are advised to hold and medium-term to buy dips. Otherwise a short-term stop loss below 440 should be respected.
BOTTOM LINE: (Last Price: 463 pt.) Short-term traders are advised to Hold and medium-term to Buy Dips.
SIGNIFICANT LEVELS: First
Second
Third
Support
445
435
420
Resistance
487
500
515
Stop Loss
440
430
-
Target
466
490
-
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Wednesday, January 11, 2017
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Security Name
Reuters Code
Buying Level
Taking Profits Level
Stop Loss Level
Gain %
Risk %
Commercial International Bank
COMI.CA
75.40
77.0
75.0
2.12%
0.53%
Egyptian Financial Group Hermes Holding
HRHO.CA
27.35
28.60
27.05
4.57%
1.10%
Pioneers Holding for Financial Investment
PIOH.CA
12.30
13.0
12.10
5.69%
1.63%
Telecom Egypt
ETEL.CA
13.55
14.20
13.35
4.80%
1.48%
Elsaeed Contracting and Real Estate Investment
UEGC.CA
0.88
0.91
0.87
3.41%
1.14%
Citadel Capital
CCAP.CA
1.12
1.17
1.10
4.46%
1.79%
Egyptian Resorts Co
EGTS.CA
1.13
1.20
1.11
6.19%
1.77%
Arabia Investments and Development
AIND.CA
1.06
1.11
1.04
4.72%
1.89%
Orascom Telecom Media and Technology Holding
OTMT.CA
0.83
0.87
0.82
4.82%
1.20%
Arab Cotton Ginning
ACGC.CA
4.72
5.05
4.65
6.99%
1.48%
Emaar Misr for Development
EMFD.CA
2.89
3.0
2.84
3.81%
1.73%
Palm Hills Development Co
PHDC.CA
3.42
3.60
3.36
5.26%
1.75%
United Arab Stevedoring
UASG.CA
0.89
0.93
0.88
4.49%
1.12%
Global Telecom Holding
GTHE.CA
7.66
7.95
7.54
3.79%
1.57%
Reward / Risk Ratio
4.0 4.2 3.5 3.2 3.0 2.5 3.5 2.5 4.0 4.7 2.2 3.0 4.0 2.4
* We are using specific Technical Criterion/system in the trading process. * Stop loss levels should be respected when prices close below it. * Buying and selling orders can be adjusted by 1% above or below the recommended price due to session’s circumstances. 3
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Buying Level
Taking Profits Level
Stop Loss Level
Gain %
Risk %
Amer Group Holding
AMER.CA
0.33
0.35
0.32
6.06%
3.03%
Porto Group
PORT.CA
0.30
0.32
0.29
6.67%
3.33%
Madinet Nasr Housing and Development
MNHD.CA
21.50
22.25
21.25
3.49%
1.16%
Heliopolis for Housing and Development
HELI.CA
28.75
30.0
28.45
4.35%
1.04%
Sixth of October for Development
OCDI.CA
15.18
15.60
15.05
2.77%
0.86%
Talaat Moustafa Group Holding
TMGH.CA
9.15
9.50
9.05
3.83%
1.09%
Ezz Steel
ESRS.CA
18.95
19.90
18.70
5.01%
1.32%
Extracted Oils
ZEOT.CA
0.84
0.88
0.83
4.76%
1.19%
South Valley Cement Co
SVCE.CA
5.26
5.55
5.16
5.51%
1.90%
Prime Holding
PRMH.CA
3.18
3.35
3.10
5.35%
2.52%
Oriental Weavers Carpet
ORWE.CA
16.10
16.90
15.90
4.97%
1.24%
El Nasr Clothing and Textiles
KABO.CA
1.09
1.14
1.07
4.59%
1.83%
Sharm Dreams for Touristic Investment
SDTI.CA
3.82
4.05
3.76
6.02%
1.57%
Electro Cable Co
ELEC.CA
0.86
0.90
0.85
4.65%
1.16%
Security Name
B
Wednesday, January 11, 2017
Reward / Risk Ratio
2.0 2.0 3.0 4.2 3.2 3.5 3.8 4.0 2.9 2.1 4.0 2.5 3.8 4.0
* We are using specific Technical Criterion/system in the trading process. * Stop loss levels should be respected when prices close below it. * Buying and selling orders can be adjusted by 1% above or below the recommended price due to session’s circumstances. 4
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Reuters Code
First Support
Second Support
Close Price
First Resistance
Second Resistance
Stop Loss
Commercial International Bank
COMI.CA
73.20
71.35
75.91
78.0
81.0
Talaat Moustafa Group Holding
TMGH.CA
8.90
8.25
9.29
9.80
Egyptian Financial Group Hermes Holding
HRHO.CA
25.40
23.40
27.72
Madinet Nasr Housing and Development
MNHD.CA
20.60
19.50
Heliopolis for Housing and Development
HELI.CA
27.25
Sixth of October for Development
OCDI.CA
Ezz Steel
Stock Name
MOMENTUM (Price & Volume)
Recommendation
Short-term (Days)
Medium-term (Weeks)
STT (Days)
MTT (Weeks)
70.0
Neutral
Neutral
Buy Dips
Buy Dips
10.40
8.80
Neutral
Bullish
Hold
Buy Dips
28.85
32.70
22.0
Neutral
Bullish
Buy Dips
Buy Dips
21.81
21.60
22.90
19.0
Neutral
Bullish
Buy Dips
Buy Dips
25.40
28.99
29.75
32.0
24.0
Neutral
Bullish
Buy Dips
Buy Dips
14.85
14.0
15.31
16.65
17.60
15.0
Neutral
Neutral
Hold
Buy Dips
ESRS.CA
18.30
16.85
19.21
19.65
21.60
17.50
Neutral
Bullish
Buy Dips
Buy Dips
Elsewedy Electric Co
SWDY.CA
71.25
68.85
75.9
80.20
80.20
69.0
Neutral
Bullish
Buy Dips
Buy Dips
Palm Hills Development
PHDC.CA
3.40
3.25
3.46
3.50
3.75
3.30
Neutral
Neutral
Buy Dips
Buy Dips
Orascom Construction
ORAS.CA
109.0
103.0
109.45
115.0
120.0
107.0
Neutral
Bullish
Hold
Buy Dips
Telecom Egypt
ETEL.CA
11.60
10.60
13.75
13.80
15.0
10.35
Neutral
Bullish
Buy Dips
Buy Dips
Pioneers Holding for Financial Investment
PIOH.CA
10.95
10.20
12.51
12.70
14.30
10.90
Neutral
Neutral
Buy Dips
Buy Dips
Egyptian Kuwaiti Holding
EKHO.CA
0.57
0.52
0.63
0.62
0.66
0.55
Neutral
Neutral
Hold
Hold
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Wednesday, January 11, 2017
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Reuters Code
First Support
Second Support
Close Price
First Resistance
Second Resistance
Stop Loss
Edita Food Industries
EFID.CA
13.55
12.20
14.45
15.0
16.0
Ghabbour Auto
AUTO.CA
2.90
2.70
3.45
3.45
Emaar Misr for Development
EMFD.CA
2.85
2.75
2.93
Citadel Capital
CCAP.CA
1.04
0.99
Orascom Telecom Media And Technology Holding
OTMT.CA
0.82
Arabian Food Industries
DOMT.CA
Arab Cotton Ginning
Stock Name
MOMENTUM (Price & Volume)
Recommendation
Short-term (Days)
Medium-term (Weeks)
STT (Days)
MTT (Weeks)
12.75
Bullish
Bullish
Hold
Buy Dips
3.60
2.85
Neutral
Bullish
Hold
Buy Dips
3.0
3.15
2.80
Neutral
Neutral
Hold
Hold
1.14
1.12
1.20
1.02
Neutral
Neutral
Hold
Buy Dips
0.75
0.84
0.92
0.96
0.81
Neutral
Neutral
Hold
Buy Dips
6.80
6.0
6.43
7.70
8.75
6.70
Neutral
Neutral
Hold
Buy Dips
ACGC.CA
4.84
4.45
4.82
5.05
5.30
4.40
Bullish
Bullish
Hold
Buy Dips
Amer Group Holding
AMER.CA
0.31
0.29
0.34
0.33
0.36
0.28
Neutral
Bullish
Hold
Buy Dips
Porto Group
PORT.CA
0.27
0.25
0.31
0.30
0.35
0.28
Neutral
Bullish
Hold
Buy Dips
Arabia Investments
AIND.CA
0.97
0.90
1.08
1.10
0.98
0.94
Neutral
Bullish
Hold
Buy Dips
Elsaeed Contracting & Real Estate Investment
UEGC.CA
0.83
0.79
0.89
0.94
1.0
0.82
Neutral
Neutral
Hold
Buy Dips
Cairo Oils and Soap
COSG.CA
22.25
20.65
26.58
26.0
28.50
22.0
Bullish
Bullish
Hold
Buy Dips
Egyptian Iron and Steel
IRON.CA
6.45
5.95
6.81
7.0
7.45
5.90
Neutral
Bullish
Hold
Buy Dips
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Wednesday, January 11, 2017
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Reuters Code
First Support
Second Support
Close Price
First Resistance
Second Resistance
Stop Loss
Egyptians for Investment and Urban Development
EIUD.CA
1.70
1.59
1.78
1.88
2.0
Sharm Dreams for Touristic Investment
SDTI.CA
3.60
3.40
3.87
3.80
United Arab Stevedoring
UASG.CA
0.86
0.72
0.91
Egyptian International Pharmaceutical Industries
PHAR.CA
84.0
79.0
Extracted Oils
ZEOT.CA
0.80
Alexandria Mineral Oils Co
AMOC.CA
Oriental Weavers Carpet
Stock Name
MOMENTUM (Price & Volume)
Recommendation
Short-term (Days)
Medium-term (Weeks)
STT (Days)
MTT (Weeks)
1.70
Bearish
Neutral
Hold
Hold
4.10
3.70
Neutral
Neutral
Hold
Hold
0.96
1.04
0.84
Neutral
Neutral
Hold
Hold
89.5
90.0
97.50
78.0
Neutral
Neutral
Hold
Hold
0.74
0.85
0.92
0.97
0.79
Neutral
Neutral
Hold
Hold
70.50
63.50
74.05
79.0
84.0
62.0
Bullish
Bullish
Buy Dips
Buy Dips
ORWE.CA
15.0
13.75
16.54
17.30
18.35
13.0
Neutral
Bullish
Hold
Buy Dips
Cleopatra Hospital Co
CLHO.CA
16.0
14.60
16.5
18.20
20.30
14.0
Neutral
Bullish
Hold
Buy Dips
Giza General Contracting and Real Estate Investment
GGCC.CA
1.91
1.82
1.88
2.05
2.16
1.88
Neutral
Neutral
Hold
Hold
Sidi Kerir Petrochemicals
SKPC.CA
16.35
15.60
17.19
17.25
18.25
15.50
Neutral
Bullish
Hold
Buy Dips
Egyptian Chemical Industries
EGCH.CA
4.25
3.95
4.39
5.15
6.0
3.90
Neutral
Bullish
Hold
Buy Dips
Prime Holding
PRMH.CA
3.0
2.65
3.25
3.15
3.40
2.60
Neutral
Bullish
Hold
Buy Dips
South Valley Cement Co
SVCE.CA
4.95
4.55
5.36
5.75
6.0
4.90
Neutral
Bullish
Hold
Buy Dips
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Reuters Code
First Support
Second Support
Close Price
First Resistance
Second Resistance
Stop Loss
Ajwa Group for Food Industries
AJWA.CA
2.50
2.25
2.7
2.85
3.0
Credit Agricole Egypt
CIEB.CA
27.20
24.65
38.77
36.50
Electro Cable Co
ELEC.CA
0.82
0.78
0.87
Arab Real Estate Investment
RREI.CA
0.78
0.74
Cairo Development and Investment
CIRF.CA
3.60
Atlas for Land Reclamation and Agricultural Processing
ALRA.CA
Juhayna Food Industries
Stock Name
MOMENTUM (Price & Volume)
Recommendation
Short-term (Days)
Medium-term (Weeks)
STT (Days)
MTT (Weeks)
2.20
Bullish
Bullish
Buy Dips
Buy Dips
-
26.50
Bullish
Bullish
Hold
Buy Dips
0.92
0.97
0.82
Neutral
Neutral
Hold
Hold
0.77
0.84
0.90
0.73
Neutral
Neutral
Hold
Hold
3.30
3.73
3.95
4.30
3.50
Neutral
Neutral
Hold
Hold
7.85
6.85
8.65
8.40
9.20
6.80
Neutral
Neutral
Hold
Hold
JUFO.CA
5.0
4.60
5.78
6.65
7.20
4.90
Neutral
Bullish
Hold
Buy Dips
Egyptian Resorts Co
EGTS.CA
1.01
0.93
1.15
1.08
1.15
0.90
Neutral
Bullish
Buy Dips
Buy Dips
Arabian Cement
ARCC.CA
6.80
6.20
7.58
7.40
8.10
6.50
Bearish
Neutral
Sell Rallies
Hold
Global Telecom Holding
GTHE.CA
6.80
5.90
7.78
8.05
9.25
5.70
Bullish
Bullish
Buy Dips
Buy Dips
Eastern Tobacco
EAST.CA
265.0
243
291.76
291
-
260
Neutral
Bullish
Hold
Buy Dips
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15 Shooting Club St., 7th Floor, Mohandessin, Giza, Egypt Tel: (+202) 3760 9983 - 37609941 Fax: (+202) 3760 9883 www.jaziracapital.com
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Title
Phone No.
Email
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Managing Director
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