KSE 100 index - Correction Underway!
The index after making HH @ 117039, has gone into correction, the index has retraced to 0.5 level of FIB today, another possible retracement could be till 102,000, in worst case scenario, it will be retraced to around 100k
The index as per my analysis is likely to make a reversal from these levels as 21 moving average has been tested !
Stay tuned for more updates. Keep your SL on all your stocks in place to secure your profits.
The index as per my analysis is likely to make a reversal from these levels as 21 moving average has been tested !
Stay tuned for more updates. Keep your SL on all your stocks in place to secure your profits.
Trade active
Index has completed retracement and will be recovered from here IATrade closed: target reached
Next Target will be 128,000 if successfully breakout 117,039 levelsNote
Index has again completed its retracement to 0.5 levels as per FIB, Expect a bounce from these levels, this time it can touch 119,000, Closing above 117,039 on Daily time frame is required for the rally towards 128k
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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.