Has it Bottomed Out or Bottom yet to come?Seems like it bottomed out around 101400 - 105000
Next Expected Reversal Level
93728 - 94188
KSE100 trade ideas
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 touch/cross initial resistance zone of 1,15,000 very quickly.
Please close/ ignore previous short calls.
Long trade calls will be shared today and tomorrow
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 with stop loss and don't get carried with buying spree
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 of Supply/selling ,in the zone between 1,18,800 and 1,20,800 which compels the market to retreat.
Until all overhead Selling/supply is not absorbed by the buyers index won't start its journey to next measured move around 1,33,000.
In case of repeated rejection in next few days at current levels market can revert back to lower limits of this consolidation range around 1,05,800.
Cautious buying and adherence to SL is highly recommended
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 area which spreads from 1,18,700 to 1,20,800.
If index fails to break above these levels in this week, today's range will just act as Up-thrust or Bull Trap and index may revert back to 1,15,000 level.
Cautious buying and adherence to SL levels is recommended
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 is just a healthy pullback. Market will continue to be bearish till it gives bullish CHoCH by crossing over 1,15,000 level.
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
KSE100 UPDATEThough KSE100 seems to be in a freefall due to border situation but it has major supports at 110,000 and 1,09,500
Final major/lifeline support for KSE100 is 1,05,500
KSE100 will resume it's upward momentum only after closing above 1,12,100 on 1D basis
KSE100 UPDATEAs discussed in previous posts, KSE100 is facing heavy overhead supply at resistance levels between 1,18,500 and 1,20,800.
Till all overhead supply/selling is not absorbed by buyers, the index cannot breakout of this 6 months long consolidation phase.
Today's performance by the index is indicative of the fact that index has managed to absorb most of the overhead supply and is ready to break the shackles and move to next target of 1,33,500.
In lower portion of the chart1H shows index steadily absorbing the supply and moving in skyward trajectory.
Though the odds have now tilted to breakout rather than reversal to lower levels but caution mustn't be thrown out of the window by reckless buying
If the index is to breakout to new heights, it will have to do it with heavy weights who have not moved upwards yet
Noteworthy are
EngroH, Efert, Steel sector, Pharma, Refinery
It's time for sector and stock shifting because the stocks which dominated to index recently have mostly reached near their potential/resistance areas
KSE 100 index strong resistance levelsKSE 100 index strong resistance levels
119664, 122571, 132431, 140142, 145325, 157838 and 177941
KSE100 UPDATEThough Index is still technically Safe/Bullish at current levels, mainly because of trading above major support/order block at 110,800, next lower support is 1,09,400. If index closes below these levels in coming days, then it'll start a major bearish cycle
KSE 100 index (PSX 100 Index) could drop to 110,580This is day time frame chart of KSE 100 index. These are fabionacci levels.
120,898, 110576, 104191, 99030, 93870.
KSE100 UPDATE, YES IT IS STILL BULLISHThough one may think market is inherently weak now but it is taken support from redrawn trendline (connecting 2 most recent lows).
KSE100 is still bullish till it's trading above that beautiful blue Order Block
Let's not worry yet
KSE100, Double Top with Bearish DivergenceDouble Top
Bearish Divergence
Closing Below 109500 will bring Index to 100k
Weekly Gap @ 100k will be filled with trendline Support
Double Top projections also aligned @ 100k
KSE100 ANALYSISKSE100 has given good closing for last 2 x hours.
KSE 100 is safe above immediate supports 1,13,700 and 1,13,000
it'll start a new downtrend if it falls below 1,13,000, it can go as low as 1,11,600
PSX - Bulls Regain Control: Rebound Sets Stage for 120KPSX - Bulls Regain Control: Rebound Sets Stage for 120K (IA)🚀✌
KSE-100 Review:
Last week, I highlighted exhaustion signs after a strong bearish divergence on the KSE-100. As expected, the market showed stabilization and validated the previous technical outlook. On Friday, the index dipped to a low of 113,716, but strong buying emerged from critical support levels, helping the index rebound and close above 115,469 an important wedge support area. This reaction confirms the significance of previously identified technical zones.
Market Sentiments Outlook:
Currently, the KSE-100 has pulled back into a key confluence zone between 114,500–115,000, aligning with trendline support, historical demand and Fibonacci retracement levels. The formation of a Bullish Doji Star near this support further strengthens the case for a potential reversal. As long as the index holds above 114,000, the bullish structure remains intact, with a fresh rally attempt toward 120,000+ likely. However, a decisive breakdown below 114,000 would weaken the bullish momentum.
Economic and Geopolitical Outlook:
Market sentiment is expected to remain cautious due to ongoing geopolitical tensions and national security concerns. While strong corporate earnings and manageable inflation provide some cushion, the uncertainty around Pakistan’s diplomatic response to recent India-related hostilities keeps the market headline-driven. *Sentiment may swing sharply with any escalation or de-escalation news. In the current scenario, investors are advised to stay defensive, enhance liquidity buffers and stick with resilient, fundamentally solid stocks, while actively monitoring global and regional developments.
KSE-100 Index – Bullish Doji Star Near Channel Support, TG 120kOn a technical side, we had a strong bearish divergence as i said yst now exhaustion seems to be completed, hopefully will have a reversal tomorrow
KSE-100 Index – Bullish Doji Star Near Channel Support
The KSE-100 has pulled back to a critical confluence zone near 114,500–115,000, where the lower channel trendline, horizontal support, and previous demand zones align. Moreover, alignment with the 50% Fibonacci retracement level at 115,544 and the lower bound of the rising channel, along with historical demand in the 114k–115k zone. Today's formation of a bullish doji star signals potential exhaustion in selling pressure and hints at a reversal or bounce setup from this level.
Also notable is the 61.8% Fibonacci level at 114,276, aligning closely with the lower wick of the Doji indicates that buyers stepped in exactly at this golden ratio level. The price action reflects previous reactions from this zone (highlighted in circles), supporting the probability of another bounce.
This area has previously acted as a strong launchpad for upward moves, as shown by multiple successful bounces (circled on chart). If the index holds above 114,000, it keeps the upward channel structure intact, setting the stage for a fresh attempt toward 120,000+
Seems like Bearish Divergence is somewhat Sync now.
Closed just above Weekly Trendline Support
(i.e. above 115000)
as mentioned during last week.
However, the Daily Candle Closed below the
Trendline Support; that means 116000 is the
Immediate Resistance that needs to Cross &
Sustain.
In case of Selling, we may witness 112800 - 112900
as Important Support.
KSE 100 LEVELSKSE 100 has taken support from immediate support level of 1,14,700. It's safe above this level.
to resume bullish behavior it needs to cross and close above 1,15,950 on !D basis
KSE 100 | Wedge Pattern in FocusThe chart displays the KSE-100 Index on a 1-hour timeframe, showing a rising wedge pattern—a typically bearish formation suggesting a potential reversal or breakdown. The index is currently trading near the wedge’s upper boundary and just below the marked "Break Out Level" at 119,217.19. If the price breaks above this level with strong momentum, it may continue towards the 120,000 zone. However, a rejection at the resistance line could trigger a decline, with the first key support around 115,877.88. The MACD indicator below the chart shows waning bullish momentum as the histogram trends toward the zero line and the MACD line (blue) is close to crossing below the signal line (orange), reinforcing the bearish bias. Overall, the index appears to be at a critical juncture, and traders should watch for a confirmed breakout or breakdown to determine the next significant move.
