الاجتماع الصباحى لجلسة يوم الثلاثاء 01-09-2026 (التحليل الفنى- البورصة المصرية)

Presenter / Source

• Mustafa Raafat (Head of Technical Analysis, Ostoool Securities Trading and Bond Brokerage Company)

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Market & Index Takeaways (Technical / Flow)

Index performance

• EGX70: closed down by ~71 points to around 54,866.
• Trading activity: very high volumes/values, stated as roughly 18 billion EGP and 237 million shares.
• EGX100: declined meaningfully, closing at 27,262.
• EGX30: described as the “smallest decline” vs EGX70/EGX100; referenced closing around 54,000 with 1866 points (wording suggests intraday framing). Direction is discussed within an overall support/resistance structure.

Interpretation framework (given explicitly)

• Volume/value are “precursors” to price movement, but must be confirmed by price action.
• Otherwise, volumes alone have “no value.”
• Core trader question: are today’s sellers in control, or is this still within a normal correction/range (sideways action)?

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Investor Categories / Flow Signals

Institutions vs individuals

• Institutions: roughly 67% of activity; net buyers (institutional buying described as supportive).
• Individuals: ~67% is mentioned but likely a subtitle glitch; the consistent message is that individuals were not as supportive.
• Net buying by institutions: ~368 million EGP net purchase for the 4th and 5th consecutive sessions.
• Foreign institutions: “net positive” with almost no change.
• Individuals: “net buying,” but net buying is decreasing vs prior sessions.

Behavioral lens described

• Market rises “on a wall of anxiety,” so individual fear/positioning can be sentiment-signaling:
  • More individual net selling → more fear (potentially a healthier contrarian setup).
  • Mixed flow → middle ground.
• Current implication: institutional buying supports, while individuals are less aggressive.

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EGX30 (Support/Resistance + Timeframe Rules)

Sideways range / key levels

• Minor support: around 54,600 (session low cited) and nearby.
• Main support: around 54,000.
• Main resistances: 56,000 and 56,100.

Explicit trade framework

• Very short-term traders (band trading):
  • Trade within the 54,000–56,000/56,100 corridor.
• Short-term investors (~2 weeks up to 3 months):
  • Overall trend framed as upward.
  • Approach: buy on dips and aim to break resistances.
  • Next minor upside target: 56,100.
  • Downside / invalidation:
    • If 54,000 breaks downward, possible move toward 52,680–52,700, and potentially toward main support / ~50,000.
    • If 54,000 breaks, the trend shifts from uptrend → sideways (not necessarily to a clean long downtrend, per the explanation).

Medium-term investor stance (3 months to <1 year)

• Wait for corrections to build new positions; hold if already owned.

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EGX70 (Support/Targets + Negatives)

Current framework

• Close: 20,893
• Main very-short-term support: ~20,600 (also cited 20650 as a trader support line)

Bounce targets

• 21,750
• 22,100
• Upside referenced up to 23,000–25,000

If support breaks (worst-case logic)

• If 20600 breaks downward:
  • Target: 19,500
  • Then range 19,000–19,100 before a bounce.

Timeframe mapping

• Traders (T+0/T+1, up to ~1–2 weeks): focus on 20600/20650.
• Short-term (2 weeks–3 months): hold positions; correction may deepen but may not become a full general downtrend.
• Distinction made between sideways correction vs more severe downtrend if 20600 breaks.

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EGX100 (Same Theme / No New Change)

• Close: 27,262
• Strong very-short-term support: ~26,800
• As long as price stays above: upside targets remain valid
• If support breaks: correction becomes harsher, but he notes it doesn’t automatically mean a trend flip to a downtrend.

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Sector Calls & Selected Stocks (Egyptian Listed Equities)

Banking (Best-performing call)

CIB (Commercial International Bank)

• Close: 136.30 EGP, high 138.90
• Context: “last day before index (EGX30) adjustments”
• Support: 135 EGP (if broken → more selling pressure)
• Targets: 138–139, then 142, then 144

Abu Dhabi Islamic Bank

• Closed around 54.69 EGP (earlier recommended zone ~53–53.x)
• Holding condition: above ~53 EGP
• Potential upside: break 55.5, then targets 58 and 60
• “Hold unless support breaks” framing

Housing & Development Bank

• Close: 105.18, high 106.25
• General upward trend over several sessions
• Prior trade/entry levels referenced: 90/92/93 (with resistance progression up to 98, then 100, then 115 referenced earlier)
• For holders: raise profit protection to ~100–101

Credit Agricole

• Close: 25.45
• Needs stabilization above 25.60 for a buy signal
• Buy trigger: above 25.60
• Targets: 26 then 28

EXPI (Egyptian Export Development Bank)

• Close: 20.96
• Quick buy idea on breakout above 21.00
• Targets: 23 then 25 (short term); medium-term continuation mentioned

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Pharmaceuticals / Healthcare

Nile Pharmaceuticals

• Close: 347 EGP
• Condition: no new entry unless breakout/close above 400–405
• Waiting for break above 405–406 for recovery signal

Arab Pharmaceuticals & Industries

• Reached 315, then saw selling pressure again
• Buy trigger logic: prefer breakout above 315 (references 315–317)
• Name remains negative until 315–317 is convincingly broken/closed

Manfas Pharmaceuticals

• Discussed after a large rise
• Validity/confirmation idea: new trend level around 388–390 if downside continues to break

Rameda (Tenth of Ramadan Industries)

• Close around 6 EGP (flat)
• Mostly sideways
• Support: 5.75, 5.70 (secondary around 6.00)
• Targets: 6.50, then 7.40, and another target referenced as 9.60 (subtitle ordering messy)

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Telecom & IT

Telecom Egypt

• Close: 116 EGP
• Sideways supports: ~112 (day trader actions)
• Stronger support: 106–107
• Upside targets: up to 120
• Break above 120 changes the regime (re-entry into uptrend vs correction)

iFinance

• Close below 23 EGP (caution)
• Return-to-positivity trigger: reclaim above 24 EGP
• Supports referenced: 21–22 EGP area

Rascom Investment

• Close: ~2.02 EGP (high 2.09, low 1.99)
• Still in early correction
• Framework: no new buy unless breakout above the 2 EGP area
• Monitor 2.06–2.06x levels (subtitle garbled)

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Food & Beverage (Examples)

Cairo Poultry

• Close: 39.5 EGP; earlier buy zone 36–37
• Targets: 39.0 (already reached), then 40–41
• Supports: minor near ~38.0, main support 36.0

Mansoura Poultry

• Close: 2.11 EGP (near key support)
• Two approaches:
  • Risk-taker: buy near support, sell on rebound; stop-loss under support
  • Conservative: buy only after bounce confirmation
• Key support: 2.00; bounce levels referenced 2.20–2.22

Ismailia Poultry

• Down sharply (about -10% or more)
• Timeframe framing:
  • Short/medium: still upward but correction can extend toward 33.33–34.0 if broken
  • Major support break → trend change
• Very-short-term described as already downtrend

Juhayna

• Close: 26.5 EGP
• Supports: 25.5 (main/risk line), secondary around 26
• Targets: 27.70, then 28.90 (~29)
• If 25.5 breaks → “big problem” (long-term trading)

Domty

• Close near 29.47 EGP
• Short-term sideways:
  • Support: ~27.5–27.7
  • Targets: ~29.40 first
  • Another support mention: 30.5

Extracted Oils

• Close: 13.76 EGP
• If above 13.0 EGP (flat): “holding oils is good”
• Targets: 14.30, then 15.0–15.x (main around 15)

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Basic Resources / Materials

Iron and Steel for Mines and Quarries

• Close: 9.08 EGP
• Sideways since last July between ~9.0 and ~8
• Targets: 9.40–9.45
• If breakout above: main target ~10.20

Egypt Aluminum

• Close: ~360 EGP; high 375 then pullback
• Regime: rising but correcting
• Main support: 320–321 EGP
• Secondary/quick support: ~350 EGP
• Targets: initial ~375, then 400

Misr Chemical Industries

• Close: 50.48 EGP
• Neutral/sideways-ish
• Resistance: ~54.20
• Supports: ~45 and ~46.90
• Recommendation: trade within that band

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Construction / Cement & Building Materials (Selected)

South Valley Cement

• Close: 10.91
• Resistance: 11.40–11.50
• Minor support: ~11.70
• Major support: 10.00–10.20? (stressing 10 EGP level)
• If breaks below 10: short-term shifts from up → down
• Positive catalyst: breakout above 11.48

Arab/Arabian Metal Industries

• Close: ~14.93
• Supports: 14.20 minor; 13.5 major
• Targets: 16 (initial/minor), main 17

Sinai Cement / Sienna Cement

• Sinai: close ~9.7 EGP (subtitle messy; “97” referenced)
• Emphasis:
  • Buy zone: 90–91
  • Support: 95
  • Target: 103 first
• Ceramics/porcelain referenced around 32 EGP:
  • Volatility broke ~32.13 EGP
  • Main support ~32; current 31.13
  • Signals negative; trend shifts from side → down
  • Needs reclaim above 33 EGP to return neutral
  • New buy trigger: breakout above 34.5 EGP

Arab Cement

• Close: 77 EGP; low cited 79.34 (subtitle inconsistent)
• Overall range: 72–79
• Short-term investors: no new buys; hold if already above 70 EGP

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Real Estate (Selected)

Talaat Mostafa

• Support: 95 minor; 92 major
• Close: 97 after touching ~94–95
• Targets: 100 initial, 104 main

Heliopolis

• Close: 7.72 EGP
• Day-trading approach: trade the intraday range
  • Buys near ~7.5
  • Sells around ~7.9 (subtitle garbled)
• Core idea: range trading

New Cairo

• “No new buy” unless it reclaims above 8 EGP

Palm Hills

• Close: 14.79
• Struggling above support 14.28

Arab for Asset Management and Development (explicit caution)

• “Downtrend today”
• No positive unless it returns above 2.17 EGP
• While down: use upward moves for selling

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Broad Risk Management & Methodology (Explicit Rules)

• Volumes ≠ signals alone: require price action confirmation.
• Timeframe discipline:
  • Don’t mix horizons (speculation vs investment) without defining intent.
• Risk calculation formula:
  • Risk factor = (Purchase price – Major support level)
  • If risk is unacceptable, don’t enter.
  • If you insist: reduce position size (example: 100k EGP → 10–15k EGP).
• Avoid “emotional placement”:
  • Don’t buy “near highs” or sell “near lows” — use triggers + confirmation.
• Profit protection / trailing stop:
  • Raise profit protection to the nearest support as price moves up
  • Examples: H&D profit protection 100–101; AMOC 11.75

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Disclosures / Disclaimers

• Report is based on information believed accurate.
• Ostoool / presenter bears no legal responsibility for investment decisions made based on this content.
• Presented as technical analysis guidance, with no guaranteed outcomes.

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Key Recommendations / Cautions (High-Level)

• Don’t trade solely on volume—wait for price confirmation.
• Respect named support/resistance lines on EGX70/EGX30; breaks can imply deeper correction.
• Many stocks: no new buys unless breakout/close above thresholds; otherwise hold or trade within ranges.
• Always define whether you are speculating or investing, and manage risk using support-based risk + position sizing.

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Tickers / Instruments Mentioned (As Written)

Indices

• EGX30, EGX70, EGX100

Banking

• CIB, Abu Dhabi Islamic Bank, Housing & Development Bank, Credit Agricole, EXPI

Pharma / Healthcare

• Nile Pharmaceuticals, Arab Pharmaceuticals & Industries, Manfas Pharmaceuticals, Rameda (Tenth of Ramadan Industries)

Telecom / IT

• Telecom Egypt, iFinance, Rascom Investment

Food

• Cairo Poultry, Mansoura Poultry, Ismailia Poultry, Juhayna, Domty, Extracted Oils (plus other poultry brands referenced)

Basic Resources / Materials

• Iron and Steel for Mines and Quarries, Egypt Aluminum, Misr Chemical Industries

Construction / Cement & Building Materials

• South Valley Cement, Arab Metal Industries, Sinai Cement, (ceramics/porcelain around ~32 EGP), Arab Cement

Real Estate

• Talaat Mostafa, Heliopolis, New Cairo, Palm Hills, Arab for Asset Management and Development

Other selected

• Zahraa El Maadi, Emaar Misr, GBI for Urban Growth, Arab Developers, Raya Holding, Arab Investment Forum, Kabo, (unnamed cotton ginning stock), GB Corporation, Elsewedy Electric, Sharm Dreams for Tourism (AMOC), Rascom Al-Ansha, Crestmark, Edita, Nahr El Kheir, International Fertilizers, Golden Text, Arabia Investment Holdings, Al Ahli for Development, Al-Alaa for Financial Consulting, Qalaa Financial Consulting

Appended code (messy in subtitles)

• CCRS (Al-Khaleejia Canadian)

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End Sources / Presenters

• Mustafa Raafat — Head of Technical Analysis, Ostoool Securities Trading and Bond Brokerage Company