KSE 100 Technical Analysis | 01-08-2025
The KSE 100 index has formed a trading range between 136000 and 140200. After breaching the previous resistance at 13900, the index retested this level in the final hour of trading. We expect the index to rise from this level, cross the upper limit of the trading range, and move towards a new target.
Key Levels
- *Support*: 136000
- *Resistance*: 140200 (upper limit of the trading range)
- *Recent Breakout Level*: 139000 (successfully breached and retested)
Expected Movement
- Rise from current levels
- Breakout above 140200
- Target: 142775 (applicable after successful breakout)
Current Trend
- The index is still in a bullish trend, with potential for further upside.
The KSE 100 index has formed a trading range between 136000 and 140200. After breaching the previous resistance at 13900, the index retested this level in the final hour of trading. We expect the index to rise from this level, cross the upper limit of the trading range, and move towards a new target.
Key Levels
- *Support*: 136000
- *Resistance*: 140200 (upper limit of the trading range)
- *Recent Breakout Level*: 139000 (successfully breached and retested)
Expected Movement
- Rise from current levels
- Breakout above 140200
- Target: 142775 (applicable after successful breakout)
Current Trend
- The index is still in a bullish trend, with potential for further upside.
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.
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.