البورصة المصرية - البورصة النهاردة يحلل الجلسة والسوق والمؤشرات وأهم الأسهم المرشحة للصعود :26-08-12

Market snapshot (EGX)

• Total trading volume: EGP 16.487B

Investor flows (net, by participant type)

• Egyptian individuals: net sellers — 8.751M
• Egyptian institutions: net buyers — 64.688M
• Arab institutions: net sellers — 101.639M
• Foreign institutions: net sellers — 44.894M

Indices

• EGX30 (30-stock index)

  • Open: ~55,000 (opening figure shown as “55,?,” suggesting the focus is near 55,000)
  • Close: up +210 points at ~55,000 / 55,390
  • Noted technical level: 55,159
  • (A subtitle shows 5539 points, likely a transcription error; speakers reference 55,000 and 55,159/55,159-level.)

• EGX70 (70-stock index)

  • Open: 21,918
  • High: 22,168
  • Low: 21,400.78
  • Close: down -288 points at 21,630

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Technical outlook & levels (technical levels + volume + “support break” rules)

EGX30: continuation upward (watch resistance/support)

Weekly timeframe (Mr. Saeed)

• EGX30 described as sideways / continuation pattern.
• Resistance / upper limit: around 55,000
• Larger-timeframe target mentioned: ~65,000

Daily timeframe (Mr. Saeed)

• Recent discussion centered around ~55,159.
• Volume increasing today → viewed as constructive/positive.
• A dip near 55,000 may be buyable if the index holds above key levels.

Levels explicitly cited (EGX30)

• Resistance / trigger: 55,159 (also referenced zone around 55,000)
• Support (Mr. Ahmed, replying on EGX30):
  • Pivot support: 54,350
  • Bias stays positive unless 54,350 breaks
• Short-term band mentioned: 56,300 to 59,000

Actionable bias (EGX30)

• Corrections are opportunities to enter/buy, conditional on support holding.

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EGX70: more cautious (profit-taking risk despite selling/volume dynamics)

Flow / macro interpretation (Mr. Mohamed)

• Even with strong daily cash/volume, there is visible selling by foreign/Arab participants.
• Warning framed as a potential “red alarm” due to distribution while EGX30 appears more stable.

Weekly / acceleration view (Mr. Saeed on EGX70)

• Upward price channel, followed by acceleration.
• High volume with selling—not fully confirmed yet, but treated as a caution signal.

“Must-watch” level (Mr. Saeed)

• Level: 21,322
• Rule described:
  • If 21,322 breaks / loses its low → consider peak + start taking profits
  • Not necessarily a full trend reversal, but a rotation out of winners

Intraday levels (Mr. Ahmed on EGX70)

• Previous session benchmark low around ~21,000
• Restricted area / attention zone: 21,032–21,100 (subtitle text is garbled, but this is stated as the zone)
• If support holds, continuation path mentioned:
  • 22,600 → 23,560

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Individual stocks / trade ideas (as captured in subtitles)

EGX30 constituents (Mr. Ali / Mr. Saeed / Mr. Ahmed)

1. Rameda Jameel (Ramida)

   • Price zone: ~6.25 EGP (with 6.30 mentioned; range 6.25 to 6.00)
   • Break trigger / support: 6.55
   • Targets after break:
     • 6.91
     • then 7.00 → 8.00 → 8.84 → 9.46
   • Volume note: lower execution volume during corrections; higher volume in rallies (viewed as constructive)

2. Qalaa (Qalaa / Qalaa-related)

   • Current level: above 5.23 EGP
   • Upside path:
     • Continue above 5.5
     • If breaks 5.5 → 5.80 → 6.90, with continuation expected

3. “Al-Alba”

   • Mentioned as another focus within EGX30, but explicit numbers were not captured clearly.

4. CIB (Commercial International Bank)

   • Used as an EGX30 driver
   • Pass/trigger level: around 145
   • Another reference level: CIB at 139.99

5. Talaat Moustafa

   • Mentioned with catalyst/trigger: pass 103.5

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Latin index / broader EGX leaders (Mr. Mohamed)

Topics included: resilience/support framing and various numeric thresholds.

• CIB: support “up to 35” (units/price consistency unclear in subtitles)
• Talaat Holding / Talaat Moustafa: support “up to 92”
• Telecom Egypt (ETEL): described as accumulating
  • Referenced levels: 75, 85, 115
  • “Even if it goes down to 101… safe zone”
• “Egyptian / Egyptium” (unclear exact name)
  • Strong level around 290
• Resistance targets from overall Gann/Fan analysis:
  • 56, 57
• Safe range mentioned: around 53,200
• Short-term possible correction: 54–55

Trade ideas (stocks to follow)

1. Zahina

   • Broke resistance: 25.84 → 28.80
   • If breaks 28.80 → targets starting 32+

2. Abu Air

   • Could correct down to 7.2 (noted), but considered positive for the coming period
   • Support treated as a zone: 64–68 (stated as previously holding)

3. Eastern Weavers

   • Attempting to retest after auction
   • Resistance mentioned: ~30.00
   • Also referenced closeness to 27.00 pre-auction

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EGX70 stocks / bank-focused ideas (Mr. Mohamed / Mr. Saeed / others)

• Alexandria Containers

  • Considered close to EGX70

• “A” / Alexandria Bank (likely)

  • Captured notes:
    • “entered … withdrew liquidity at 32.40”
    • “first target 33.45”
    • “test high around 35”
  • Described as related to an offer/candle and confirmation

• Al Baraka Bank

  • Confirmation: need close/confirmation above 23.25
  • Retest: around 25
  • Upside target path: ~28 EGP
  • Additional mention: “as soon as it passed 22.80…”

• Qatar Bank

  • Retested a 61 level (likely 6.1 or 61 units; subtitles ambiguous)
  • Possible retest again next week
  • Target: 66.5

• “River of Goodness” (unclear company name)

  • Discussed alongside Al Baraka Bank and “consolidation”
  • Consolidation range stated:
    • Upper: 4.38
    • Daily range: 3.48–4.38 (subtitle mentions “44 piasters” near close, but units are unclear)
  • Break above consolidation with ultra-high volume viewed as strong buying
  • Targets cited: 71 and a larger-timeframe target described as “pound and a bit” (value not clearly written)

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Quantitative / number highlights (key actionable levels)

EGX30

• Resistance / trigger: 55,159 (also 55,000 zone)
• Support: 54,350
• Short-term target band: 56,300 to 59,000
• Longer-term pattern target: ~65,000
• Rameda targets: ~6.91 → 7 → 8 → 8.84 → 9.46

EGX70

• High: 22,168
• Low: 21,400
• Close: 21,630
• Profit-taking trigger/line: 21,322
• Upside continuation (if support holds): 22,600 → 23,560

Stock-specific (captured catalysts/support)

• CIB: referenced around 139.99; catalyst/pass level mentioned 145
• Talaat Moustafa: catalyst level 103.5; broader support referenced “up to 92”

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Risk management / cautions explicitly stated

• Profit-taking warning on EGX70 (Mr. Saeed)

  • Acceleration + high volume with selling can signal profit-taking even if the bigger move remains intact.
  • If 21,322 breaks, recommendation: start taking profits and rotate into stocks that haven’t run yet.

• False-break / manipulation caution (Mr. Ahmed)

  • Emphasizes using the previous session “key session” (highest volume) as a benchmark.
  • Avoids overly precise reversal timing predictions.

• Conditional bullishness (EGX30)

  • EGX30 bias remains bullish only if support holds—especially 54,350 and maintenance above the 55,159/55,000 zone.

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Disclosures / disclaimers

• No explicit “not financial advice” disclaimer was included in the subtitles.
• Promotional scheduling content mentioned a future program and promoted Faisal Securities Trading Company.

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Presenters / sources mentioned

• Mr. Ali
• Mr. Mohamed (also referenced as Stefan in one spot)
• Mr. Saeed
• Mr. Ahmed Sayed — CEO, Faisal Securities Trading Company
• Program/channel: “Numbers and Markets” on Al-Azhari Channel
• Company: Faisal Securities Trading Company