SPM broke resistance at SAR33.70 and SAR34.20. Next resistance is at SAR36. Enter using a stop loss at SAR33.95

TASI . We detect slight weakness. A correction to the rising trend is a selling opportunity. Buy the dips. Watch your stop loss at 8,750 points. Recommendation: Buy.

Dar Alarkan broke the resistance at SAR10.95 and is heading to SAR11.40. Enter using a stop loss at SAR10.90

Shams is moving sideways. The stock faced resistance at SAR86 and is currently approaching support at SAR80. Trade this range. Stop loss at SAR79.

Al Inma bank broke the resistance at SAR17.65. Enter at current levels. Stop loss at SAR17.49. Resistance is at SAR18.40.

SABB is testing the resistance at SAR48.00. A close above SAR48 triggers a buy signal and means a rally to SAR52.

Saudi Fransi is testing resistance at SAR36. Exit at current levels. Support is at SAR33. A close above SAR36 triggers a re-entry signal and means a rally to SAR39

Arab National is approaching support at SAR31.00. Enter close to SAR31 using a stop loss at SAR30.99. Resistance is at SAR32

Ceramic is testing support at SAR127.75. Enter at current levels. Stop loss at SAR126.95. Resistance is at SAR134-139

SABB is testing the resistance at SAR48.00. A close above SAR48 triggers a buy signal and means a rally to SAR52.

The Index is searching for a peak. All trends are up. Traders: Buy the dips. Watch your protective stop at 8,899 points. Recommendation: Buy.

4190:Jarir is moving sidewways between SAR170 and SAR177-182. The trend is flat. Wait for a breakout or trade this range. Stop loss at SAR169

Yesterday's bottom at 8,971 seems to be the end of the corrective move. The rally remains intact. All trends are up. Traders can enter at current levels. Recommendation: Buy/Hold

Abdulatif is testing support at SAR40.60. The trend is up. Enter at current levels. Stop loss at SAR39.95. Resistance is at SAR43

AlInma Bank is testing the rising trend. Enter at current levels. Watch your stop loss at SAR38.30. Resistance is at SAR41.50

Zamil Industries broke the rising trend and is going through a pullback. Exit at current levels.

SipChem broke support at SAR30.90. The trend is down. Exit at current levels. Next support is at SAR28-29

Saudi Chemical is facing resistance at SAR62. The trend is up. Buy the dips. Watch your protective stop at SAR61.40.

SADAFCO broke resistance at SAR85 and is searching for a peak. Next resistance is at SAR92.00. Enter using a stop loss at SAR84.95

Makkah broke the resistance at SAR70. Enter using a stop loss at SAR69.40. Exit at the resistance at SAR74.00

Atheeb Telecom broke resistance at SAR14.75. Next resistance is at SAR16.00-16.50. Enter using a stop loss at SAR14.65

TASI is searching for a peak. The major trend remains up. Enter at current levels. Adjust your protective stop to 8912 points. Recommendation: Buy/Hold

SPM broke the resistance at SAR36. The trend is up. Enter at current levels. We expect a rally to SAR38 and SAR40. Stop loss at SAR35.95

Saudi Faransi broke the resistance at SAR36 and is heading to SAR40. Buy the dips. Enter close to SAR36. Stop loss at SAR35.80. Exit at SAR41


Shaker is testing support close to SAR78.25. The trend is up. Enter using a stop loss at SAR77.95. Next resistance is at SAR82.25

TASI is facing slight resistance. The major trend remains up. Buy the dips. Adjust your protective stop to 9,195 points. Recommendation: Buy/Hold