KSE-100: Range Continues, Upside Breakout Still Favored

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KSE-100: Range Continues, Upside Breakout Still FavoredKSE 100 IndexPSX_DLY:KSE100JustTechnicalsTaking lead from our previous analysis, KSE-100 remains broadly at the same technical stage. The index is still moving inside a range, but the broader structure continues to look constructive. The market has spent enough time consolidating after the previous recovery, and this range-bound movement appears to be building fuel for the next major move. ## Trend Hierarchy **Secular Trend:** Bullish **Intermediate Trend:** Range / Accumulation **Short-Term Trend:** Sideways to Bullish ## Market Structure The index is holding above the previous accumulation zone and continues to trade near the upper side of the broader range. This is not yet a confirmed breakout, but the structure suggests that buyers are still active. The market may take some more time, but the probability of an upside breakout remains higher as long as key support zones continue to hold. ## Key Levels **Current Resistance Zone:** 188K–191K **ATH Zone:** Around 191K **Support / Accumulation Area:** Previous range box A sustained move above **188K–191K** would be the key confirmation that the index is ready to challenge new highs. ## Outlook We maintain a bullish stance on KSE-100. The market may continue ranging for some more time, but this sideways action is not necessarily weakness. It may be the fuel-building phase required before a stronger attempt toward the ATH zone. ## Strategy The better approach remains selective accumulation in strong stocks that are consolidating well. Avoid chasing extended names. Focus on stock selection, capital rotation, and setups that are building strength inside ranges. ## Stance ➡️ Overall Trend: Bullish ➡️ Market Still Range-Bound ➡️ Fuel-Building Phase Continues ➡️ Upside Breakout Still Favored ➡️ 188K–191K Is The Key Confirmation Zone ➡️ Strategy: Accumulate Strong Stocks, Avoid Chasing Price tells the story. For short updates: X @JustTechnicals_