**KEL – Key Levels & Potential Reversal Setup**K-Electric Ltd.PSX:KELHouse-of-Technicals📊 **KEL – Key Levels & Potential Reversal Setup** **Closing Price: Rs. 5.96 | 29 October 2026** 🔻 **Descending Triangle Target Achieved!** KEL has successfully reached the downside target of its descending triangle pattern near **Rs. 5.30**, completing the projected move. Now, the stock appears to be approaching a potentially important zone where a **Higher Low (HL)** could develop on the higher time frame. 🔍 **Key Levels to Watch** 🟢 **Support Zone:** Rs. 4.88 – 5.50 A sustained hold within this range could provide a base for a potential bullish reversal. 🚀 **Breakout Potential:** If KEL maintains this zone and confirms a breakout above the relevant resistance, it may open the door for further upside. ⚠️ **Critical Level:** Rs. 4.80 As long as Rs. 4.80 holds, the possibility of a meaningful upside move remains on the table. A decisive breakdown below this level would weaken the bullish scenario. 📌 **My Technical View:** The next move will depend on how price reacts around this support zone. Rather than anticipating a reversal prematurely, watch for price action confirmation and a sustained breakout. **Right Levels. Right Strategy. True Technicals.** 🎯 What’s your view on KEL? Will it form a Higher Low and recover from this zone, or is further downside still possible?