No active participation of investors in market due to current New Year holidays, more optimistic view over nuclear negotiations and reopening of oil refinery companies after almost a year can be considered as the main reasons for upward trend in Today’s market. Although the tensions in Yemen overshadow the nuclear talks in Lausanne, the possibility of oral or written agreements is getting stronger.
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Almost all the shares experienced a bullish trend and reached their resistance levels during the last two trading days. If no specific news comes from the Swaziland, the shares are suspected to loss their gains. Currently no buying is recommended due to high potential risks. However the question is “will be any opportunity to buy in case of any kind of agreements? “
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