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Technical Outlook: KSE-100 targeting the recent high - By JS Research

  • By: JS Global Capital Limited

  • - Published: Thursday, 27 March 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Bulls dominated the session as the KSE-100 index gained 1,139 points to close at 117,772. Volumes stood at high 357mn shares compared to 268mn shares traded in the previous session. The index is moving towards the recent high at 119,422 as a break above potentially targeting 120,937 and 122,299 levels. However, any downside will find support in the range of 116,680-117,230. The RSI and the MACD have moved up, supporting a positive view. We advise investors to view any downside as an opportunity to &lsquo;Buy&rsquo;, with risk defined below 115,877. The support and resistance levels are at 117,226 and 118,269, respectively.</span> </li></ul>

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