KSE-100 Reaching Major Resistance: ATH Zone AheadKSE 100 IndexPSX_DLY:KSE100JustTechnicalsTaking lead from our previous analysis, KSE-100 continues to maintain its bullish market structure. After making a high near 191K in January, the index completed a healthy correction and has now resumed its upward trend. The index is now approaching an important resistance area between 188K–191K, where price action must be watched carefully. Trend Hierarchy Secular Trend: Bullish Intermediate Trend: Bullish Short-Term Trend: Bullish, approaching resistance Market Structure The broader bullish structure remains intact. Price has moved out of the previous accumulation box and continues to trend higher with support from key moving averages. However, the market is now close to its previous high zone. This is where the index needs to behave carefully. Key Concern An aggressive vertical move directly into the ATH zone may create exhaustion and possible bearish divergence on higher timeframes. A slower, rhythmic move with pauses and healthy pullbacks would be more constructive. That would allow the index to absorb supply, avoid overheating, and improve the probability of breaking above the previous ATH. Key Levels Current Resistance Zone: 188K–191K Previous ATH: Around 191K Support / Rotation Zone: Previous breakout and accumulation areas Strategy The stance remains bullish, but portfolio management becomes more important near major resistance. Remaining long in strong stocks is reasonable, but aggressive chasing near ATH should be avoided. Capital rotation, partial profit booking in extended names, and shifting toward better setups may produce better results. Stance ➡️ Overall Trend: Bullish ➡️ Index Approaching Major Resistance ➡️ 188K–191K Zone Is Critical ➡️ Aggressive Move May Create Exhaustion ➡️ Healthy Pullbacks Would Be Constructive ➡️ Portfolio Rotation Remains Important Price tells the story. For short updates: X @JustTechnicals_