KSE 100, 1W (ABCD Projection)

Wait 5 sec.

KSE 100, 1W (ABCD Projection)KSE 100 IndexPSX_DLY:KSE100arsalananwerTrend Structure: Weekly trend remains bullish, with higher highs and higher lows intact. Pattern Formation: Clear ABCD harmonic pattern in play A → B: Strong impulsive move B → C: Healthy correction (~0.5–0.618 retracement) C → D: Potential continuation leg forming Current Position: Price has bounced from Point C, indicating demand zone activation. Support Zones: 150k – 155k: Strong demand / structural support Trendline support also aligning near this region Resistance Levels: 170k – 175k: Immediate resistance 190k – 191k: Major resistance (previous high / supply zone) Breakout Confirmation: Sustained move above 190k will confirm continuation toward higher targets. Target Projection (Point D): 235k – 238k (ABCD completion + channel extension) Momentum Insight: Bullish momentum intact as long as higher lows continue forming. Risk Scenario: Breakdown below 150k may weaken structure and delay bullish outlook. Strategy View: Buy on dips near support zones Avoid chasing at resistance Trend favors accumulation, not panic selling