KSE100 trade ideas
KSE 100 15 minute chart with historical prices and trendKSE 100 15 minute chart with historical prices and trend of PSX
KSE 4 hour data pointsKSE 4 hour data points for historical values along with values of high low close and open
KSE 100 Index 15 minutes for trend analysis and historical valueKSE 100 Index 15 minutes for trend analysis and historical values.
KSE-100 - Multi-year H&S playing outThis looks like a multi year bull run in the making .... publishing this idea so I can track it down the line.
KSE100 Index | PSXThe KSE 100 index has seen a strong uptrend in the last five trading sessions, leading bullish investors to aggressively take profits around the 80,000 mark. This indicates that investors are cashing in gains following a substantial rally, potentially resulting in a brief period of consolidation or a slight pullback. The 80,000 level is a significant psychological hurdle, and how the market reacts here will be pivotal in shaping its future trajectory.
Bearish divergence with RSI is observed on daily time frame, which can predict the beginning of a bearish trend or short term consolidation. The initial support of the index is found in a range of 76,250 - 76,000. If this level is breached, secondary support lies in a range of 72,300 - 71,900.
KSE 100 ANALYSIS 2.0🚨 Trade Alert: KSE 100 Double Top & Bearish RSI Divergence 🚨
We have identified a bearish setup in the KSE 100 index, marked by the following patterns:
Double Top Pattern 🔃
RSI Divergence 📉
Technical Indicators:
The RSI shows a significant bearish divergence, indicating a potential downward move.
The Higher Low (HL) has been broken, reinforcing the bearish sentiment.
Target Price (TP):
TP: 73500 📉
Trade Summary:
Pattern: Double Top with RSI Divergence
Current Action: HL is broken, signaling further decline
Expectation: Index will fall to 73500
Trade Type: Short Swing 📉
Good Luck! 🍀
Stay informed and trade smart! 📊
Will the Weekly Bearish Divergence Play???KSE100
Is it Testing its Resistance again and Weakening this level? 😍
or
Making a Double Top? 🥺
I am anxiously waiting for the Break-Out : 73500 to Sustain
KSe 100 short graph analysis.Market Update: 📊 The market recently breached the resistance zone at 72200-72700, edging towards its main resistance at 7300-73300. However, it faced rejection in this zone. Currently, ADX and DI+ are falling, while DI- is rising. If DI+ and DI- cross, and ADX continue to decline consistently, it may be prudent to consider profit-taking instead of buying. consider profit taking.
Strategy Adjustment: 🔄 Monitor closely for ADX and DI trends. If they indicate weakening bullish momentum and the market settles around 72100, it might be a good time to secure profits rather than initiate new positions. Stay vigilant for further market developments. Best of luck with your trades! 💪📉.
Market Analysis for KSE 100 Index 📈📉💹 (6 MAY 2024)Recent Trends:
KSE 100 recently saw a downturn, shedding 2500 points over a couple of bearish sessions.
However, the latest session witnessed a bullish surge, adding 1200 points in a single day.
Technical Indicators:
Bullish reversal harmonic pattern and a bullish flag formation suggest a target of 74500.
RSI indicates bullish divergence and is now in sync with the index.
Upcoming Forecast:
The next 2-4 days are crucial; a break above 73300 with a new higher high (HH) and no bearish divergence could signal a bullish market.
Strong resistance zones at 72300-72600 and 73000-73500 must be surpassed for further upward movement.
Beware of the bearish rising wedge pattern; if RSI shows bearish divergence and meets resistance at these zones, a bearish trend may emerge.
Trading Strategy: 📊💼
Trade conservatively with low quantity.
Consider profit-taking by selling on the higher side.
Watch market behavior closely and adapt strategy accordingly. 🧐
Stay vigilant and good luck with your trades! 🚀🌟
KSE100 in bullish trend KSE100 in Bullish trend, Three black crows seen on the chart most likely a trend reversal can be seen in the coming days.
Kse 100 Analysis.Over the last two working days, the KSE 100 index has undergone two bearish sessions. It is anticipated to encounter substantial support soon, likely around the Fibonacci 0.382 level, coinciding with the trend line between 70,700 and 70,800. Should this support level be breached, the next probable support is projected at 70,000. The Relative Strength Index (RSI) on the shorter timeframe is currently in the oversold territory, while the Average Directional Index (ADX) on the daily chart continues to indicate strength. The bearish pattern on the 1-hour chart suggests a falling wedge with a target of 70,500, implying that the market may decline by approximately 500-600 points but is expected to recover shortly thereafter.
try to buy your shares at the levels you find out cz share prices are at very discounted prices.Start gradual buying.
kse 100Kse 100 bullish pattern looks like it will go abv 72000 if breaks 71840 and form a candle abv that in 15 mins
KSE100 - 1D - Bullish Flag - 80,000 Points TPIn the KSE100 index we are observing a Bullish Flag on Daily Chart we can Expect a Rally towards 80,000 points.
80,000 Points target will be hit in the mid or end of July 2024
KSE100 | Double Top OR Break Out?The KSE 100 Index concluded its most recent trading session at 66,570, registering a gain of 663.7 points (1.01%). Presently, the index has breached its trend line and is encountering resistance from its new all-time high at 67,093. This level has the potential to form a double top pattern, indicating a possible rejection. However, a break above this level could signify the onset of a new bullish market cycle.
KSE100 LongKSE 100 Index making inverse H&S (completion is Due) .If IMF news comes in favour we are likely to have a swing for All time High. However it is crucial level as market is just wating for some fuel it could be IMF news, Interest rates.
Blue Chip Share should be accumulated at this point.
KSE 100 Index analysisPakistan is currently in discussions regarding the final tranche of the IMF loan and the potential acquisition of a new loan through the Extended Fund Facility (EFF). As the country wraps up the IMF review process, recent developments in inflation, reaching 23.06% year-on-year as of February 2024, have intensified discussions around key monetary policy decisions and the terms of the IMF deal.
Given the prevailing inflationary pressures, it's unlikely that the central bank will opt for a rate cut to address inflation until it's under control. The interest rate serves as a pivotal tool in managing the country's inflation dynamics. Looking ahead, expectations are set for a reduction in the CPI inflation rate to 20% by March 2024. This anticipated moderation could pave the way for a potential decrease in the monetary policy rate during the subsequent Monetary Policy Committee (MPC) meeting slated for April 29, 2024.
Should inflation align with projections and the monetary policy rate sees a reduction in the upcoming meeting, it could indicate a positive sentiment in the Pakistan Stock Exchange market, charting a positive trajectory forward. 📊🚀
KSE100 backing steps for a big jump towards 70K+ regionKSE 100 is currently in short term correction to step back for a jump towards 70K+ region and then move towards 78K target.
KSE100 Index Set To RetraceThe KSE100 Index is currently exhibiting a trend rejection, evident from its recent performance, particularly in the last two trading sessions characterized by lackluster volume and a decline in the index value. Consequently, a further downward movement is anticipated. In light of this observation, it is advisable to capitalize on profits by liquidating positions in stocks acquired during dips. Additionally, investors may contemplate acquiring shares at lower prices to optimize their average cost in the event of a subsequent rebound. Notably, the support level for the index is situated around 64,800, and its ability to maintain this level is crucial for initiating a potential recovery. Recommended stocks which can be accumulate on dip are DGKC, MLCF, PRL, ATRL, HCAR, EFERT, KEL, PPL, OGDC, PSO, FFC, SYS, FCCL, POL, MTL & HUBC.
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KSE100The KSE 100 Index closed its latest trading session at 63,704, marking a notable gain of 484.4 points (0.77%). Currently, the index breaks its descending trend line, with initial resistance observed at 64,196; surpassing this level may prompt a test of secondary resistance near 65,200. Vigilance regarding stop-loss levels is advisable. Conversely, a closure below 61,650 could instigate downward momentum.
