KSE100 trade ideas
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. ๐๐
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.
KSE100 IndexThe KSE 100 Index closed its latest trading session at 63,306, marking a notable gain of 490 points (0.78%). Currently, the index is testing 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.
๐๐ก๐ ๐๐๐๐๐๐ ๐ข๐ง๐๐๐ฑ ๐ข๐ฌ ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก๐๐ก๐ ๐๐๐๐๐๐ ๐ข๐ง๐๐๐ฑ ๐ข๐ฌ ๐ข๐ง ๐๐ฎ๐ฅ๐ฅ๐ข๐ฌ๐ก ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ง๐จ๐ญ๐ก๐ข๐ง๐ ๐ญ๐จ ๐ฐ๐จ๐ซ๐ซ๐ฒ ๐๐จ๐ซ ๐ฆ๐๐๐ข๐ฎ๐ฆ ๐ญ๐๐ซ๐ฆ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ.
In short-term scenario (Q1-Q2, 2024) ๐๐๐ ๐ข๐ง๐๐๐ฑ ๐ข๐ฌ ๐ข๐ง ๐ข๐ญ๐ฌ ๐๐๐๐๐๐๐ ๐๐๐๐, if it sustains above the critical area it will definitely go up towards the new all time high milestone.
๐ด๐๐กโ๐๐ข๐โ ๐๐ก โ๐๐ ๐๐ข๐๐๐๐๐๐๐ ๐กโ๐ ๐๐๐๐๐๐ข๐ ๐๐๐๐ข๐๐๐๐๐๐๐ก ๐๐๐ ๐๐๐๐๐๐๐ก๐๐๐ ๐๐ ๐ก๐๐๐๐ ๐๐ ๐ฃ๐๐๐ข๐ ๐๐ ๐ค๐๐๐ ๐๐ ๐ก๐๐๐, but if it could not sustain above the critical area, then it might ๐ ๐จ ๐๐จ๐ฐ๐ง all the way between ๐๐๐ - ๐๐๐ or in more severe conditions ๐๐๐ - ๐๐๐.
In my view it would not go very deep down below 55K, however sustainability over critical area is very important.
I hope that the ๐๐๐๐๐๐๐๐๐๐ ๐
๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐
๐๐๐ ๐๐๐๐๐๐
๐๐๐๐๐๐๐ ๐๐๐
๐๐ ๐๐๐๐๐๐
๐๐๐๐๐๐๐๐.
Therefore, ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐
๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐
๐๐.
KSE100 is BullishKSE-100 is currently in a corrective mode, after a momentous bullish rally. It could test the previously defined higher low around 59.5k mark. A successful retest would fuel a new rally that could take the index around 75k-78k. Important levels are mentioned on the chart.
KSE 100
Technically market is at its retest level of head and shoulder pattern and now it can go to 66542 which is next major resistance
By fibonacci level market is at 0.382 level from its last crash 58934 to its last high 65320 which is agood support
KSE100 TEST THE 0.382KSE100 here we can apply the fib to KSE100 and exactly yo 0.382 so according to fib it can bounce back to touch it new high. and break it previous high.
KSE100 -PSXKSE100 index is currently displaying a promising technical setup with the emergence of the ABCD pattern, finding support at the 0.38 Fibonacci retracement level, and no bearish divergence on the RSI indicator.
KSE100 KSE100 ANALYSIS
In last 10 years,
> 7/10 times KSE100 ended on Bullish note Year-wise
> 7/10 times January was Positive
> 61796 is an Important Support Level that should
be Sustained Initially
> Next Important Support is 58427
> However, if 67100 is broken and sustained this time,
we may witness 72500 and then 80000
KSE 100 is BullishKSE-100 is extremely bullish for 2024, specifically for the upcoming month of January 2024. There has been no divergence on the RSI, which is a classic indication of trend reversal, moreover the recent pull back is healthy as a new higher low is defined. In the coming weeks, market is more likely to recover and print new higher highs, breaking the previous all time high. The projection of AB=CD pattern indicates that the rally could continue till 80k. Targets are mentioned on the chart.
I want to see #kse100 above 40k by 2040 Time is like a loop, and there's a significant shift happening in the distribution of wealth. Sooner or later, fortunes will rotate, but right now is the opportune moment to be part of it. #pakistan
KSE 100 is BullishKSE-100 is currently facing selling pressure after a parabolic move, it has printed an all time high of 67k, and is currently undergoing a correction, which could possibly define a new higher low for this bullish rally. No divergence on RSI is a clear indicator that the rally is not finished, and there is still some room for upward movement.
KSE100KSE100
Support 1: around 61600
Support 2: around 57500 -58300
is se ziada I don't give Importance to Index.
Bears are lostThe KSE 100 Index concluded its most recent trading session at 66,223, indicating a positive gain of 1505.56 points or 2.33%. Significantly, the index demonstrates bullish momentum. We advise investors for a cautious stance and focus to explore day trading opportunities with a strict stop loss policy.
