KSE-100: Corrective Pressure Continues, Relief Bounce Possible

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KSE-100: Corrective Pressure Continues, Relief Bounce PossibleKSE 100 IndexPSX_DLY:KSE100JustTechnicalsTaking lead from our previous analysis, KSE-100 remained under selling pressure as expected. The index reacted from the higher resistance zone and continued its corrective phase. ## Trend Hierarchy **Secular Trend:** Bullish **Intermediate Trend:** Sideways / Corrective **Short-Term Trend:** Bearish Pressure With Possible Relief Bounce ## Market Structure The correction is not fully over yet. However, after recent selling pressure, we may see relief or green candles during the coming sessions, possibly from Monday onward. Selling pressure may start reducing during or after this week, but that does not mean the index is ready for an immediate breakout toward new highs. ## Outlook We still maintain the view that KSE-100 may not break above the previous highest level any time soon. The market is likely to remain choppy, with sharp sell-offs, sudden recoveries, and stock-specific moves. ## Strategy This is a market for selective participation, not aggressive index chasing. Stock picking, capital rotation, and quicker profit booking remain more important than broad bullish exposure. ## Stance ➡️ Long-Term Trend: Bullish ➡️ Short-Term Correction Still Active ➡️ Relief Bounce Possible This Week ➡️ Selling Pressure May Start Reducing ➡️ ATH Breakout Not Expected Soon ➡️ Market Likely To Remain Choppy ➡️ Strategy: Stock Picking + Faster Profit Booking Price tells the story. For short updates: X @JustTechnicals_