Has it Bottomed Out or Bottom yet to come?Seems like it bottomed out around 101400 - 105000
Next Expected Reversal Level
93728 - 94188
KSE100 REVISED UPDATEWith positive change in Geo-Political situation, bullish sentiment will overpower bearish forces in coming days, As already discussed previously market rebound over 1,05,800 lvl on Friday which brought it inside/above major support zone. Now with positive change in sentiments, market is expected to
KSE100 UPDATEKSE100 broke multiple strong supports today, it has broken neckline of double top chart formation
If this down move is not reversed above 1,09,300 tomorrow, measured move downward shows next level for KSE100 as 98000
KSE100 UPDATEAs already explained Index crossed above initial Resistance of 1,15,000.
Next resistance level is 1.17,300, if broken the next target can be as high as 1,33,000 in coming weeks.
However on the flip side if the index gets rejected at 1,17,300 resistance, it can re-retest recent low of 1,05,700.
Work
KSE100 UPDATE FOR 15/5/25As already explained several times that it won't be easy for the index to break above this congestion/consolidation range which has been going for almost six months now.
Since 80% Breakout attempts fail so all attempts by KSE100 to breakout of this range have failed so far. There seems to be lot o
KSE100 UPDATE FOR 14/5/25As already explained the Index faced rejection from the Supply Zone/ Resistance Area today, though there were above average volumes but still the index remained range bound and couldn't break the hurdle.
To start its journey towards 1,33,000 level index must break and sustain above the resistance ar
KSE100 UPDATEKSE100 broke two major supports yesterday and completed its distribution phase which had started in Dec 24
It is technically in bearish phase now, since it has given CHoCH ( change of character to bearish) and made bearish breaker block also. Though market recovered around 4000 points today but it i
Hoping for the best.
Closing within this box (above 109000)
would be a relaxing sign. Inshaa ALLAH
& Closing above 111500 would be a
Healthy sign.
KSE100 UPDATEKSE100 is safe above1,12,400. It can sustain its bullish momentum if it crosses above 1,14,980 level, however in case of fall below 1,12,400 level Breaker Block and Gap it'll start its immediate down leg
No new longs be established before 1,15,000 level
Played exactly the same as predicted last week. KSE100 Closed at 114113.94 (02-05-2025)
Played exactly the same as predicted last week.
Now seems like Hidden Bullish Divergence is appearing.
Important Supports :
S1 around 113100 - 113400
S2 around 110500 - 110800
Important Resistances :
R1 around 114630 - 115120
R2 around 117000 - 117500
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
