Bullish Trend Resumption Level crossed, confirmation required?KSE 100 IndexPSX:KSE100THE-CHART-ALCHEMISTKSE-100 Index – Daily Time Frame Technical Outlook Previously Defined Market Scenarios We had earlier outlined three probable scenarios for the KSE-100 Index: 1. Bullish Resumption Scenario 2. Trading Range Scenario 3. Bearish Breakdown Scenario In today’s session, the index decisively acted upon the Bullish Resumption Scenario, which had been intimated earlier in the day. Bullish Breakout Confirmation The index delivered a strong upward move, breaking above both the immediate resistance and primary resistance levels in a single session. Additionally, it surpassed the key bullish trend resumption level at 162,000 points, confirming a shift in short-term momentum. The index closed near its intraday high at 165,810 points, reflecting strong bullish participation. Newly Established Support Structure Following this impulsive move, new support levels have been established: Immediate Support: 161,500 points Secondary Support: 158,640 points These levels now act as the first line of defense in case of short-term pullbacks. Critical & Major Support Zones The broader structural supports remain unchanged and continue to hold strategic importance: Critical Support: 144,720 points Main Support Zone: 138,000 – 134,000 points These zones have been previously highlighted and remain key for maintaining the long-term bullish structure. Resistance Hierarchy Reclassification With the breakout in place, resistance levels have been redefined: Immediate Resistance: Break above current levels (confirmation trigger) Secondary Resistance: 180,000 – 182,000 points Major / Final Resistance: 190,800 points The level previously categorized as resistance has now been absorbed, shifting the resistance structure higher. Trend Confirmation Criteria Despite the bullish breakout, confirmation of a sustained uptrend is still pending. For validation, the index must: Form a higher low, and Follow through with a higher high Until this structure is established, the move should be treated as an early-stage bullish resumption, not a fully confirmed trend reversal. Strategic Outlook & Advisory While momentum has shifted to the bullish side, caution remains warranted. Market participants are advised to: Wait for structural confirmation Avoid aggressive positioning at current levels Monitor price action around newly formed supports Important Note As always, index levels should be treated strictly as guidelines. All trading decisions must be executed based on individual stock setups, proper risk management, and confirmation signals rather than relying solely on index movement.