KSE-100 INDEX (10-June-2025)
As previously stated, the KSE 100 Index broke out from its all-time high of around 120,880 points. Following this breakout, the index completed its spike phase and is currently undergoing a channel phase in the short-term uptrend.
We had previously identified three short-term targets, two of which were achieved on the breakout day. The third target, now referred to as TP1 in the long-term outlook, is around 123,280 points. We expect the KSE 100 Index to reach this level in the next day or two.
After achieving this target, we foresee some consolidation or minor correction before the index resumes its upward trajectory towards the long-term targets, which extend up to 138,680 points.
As previously stated, the KSE 100 Index broke out from its all-time high of around 120,880 points. Following this breakout, the index completed its spike phase and is currently undergoing a channel phase in the short-term uptrend.
We had previously identified three short-term targets, two of which were achieved on the breakout day. The third target, now referred to as TP1 in the long-term outlook, is around 123,280 points. We expect the KSE 100 Index to reach this level in the next day or two.
After achieving this target, we foresee some consolidation or minor correction before the index resumes its upward trajectory towards the long-term targets, which extend up to 138,680 points.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.