In the near future the strong correlation between oil prices and Saudi's equity markets should fall as bargain buyers return to buy back battered stocks. Shiv Prakash More Quotes by Shiv Prakash More Quotes From Shiv Prakash Most traders booked profits and opted to shift to the stable and less volatile stocks or holding cash for the time being until it tests the next major support. Shiv Prakash company-news Technically 2.67 dirhams was the neckline resistance from where the profit-taking started - the lower support is now seen at 2.35 dirhams. Shiv Prakash company-news The market was trading at a steady range and managed to hold firm over the critical support level at 5,350. Shiv Prakash company-news