KSE 100 INDEX UPDATE 13-06-2025KSE 100 Index Technical Analysis 13-06-2025
The KSE 100 index recently reached a historical high of 126,700 before entering a much-needed pullback, a common technical requirement after a breakout. Currently, the index is trading within a small range of 121,800 to 122,860.
Key Scenarios:
- *Breakout Scenario*: If the KSE 100 breaks above this range in a bullish direction and closes above it on a 1-hour basis, the pullback can be considered complete. This might lead to a continuation of the uptrend.
- *Retracement Scenario*: Alternatively, the KSE 100 could retrace its pullback to the previous high-low level of 120,800.
Additional Observation:
On a lower time frame, the KSE 100 has made a trend line (shown in blue dotted line). The index may respect this line. Notably, this line coincides with the breakout level, making scenario two (retracement scenario) more likely. Given this alignment, the KSE 100's potential retracement to 120,800 seems more probable.
