KSE100cup and handle breakout
bullish rectangle formation
targets estimates to 90500 level
high caution at these level
Slight Correction Needed?Alhamdulillah, as mentioned on 27-09-2024 that
index may touch 87000 with slight corrections, it
touched the mentioned level.
Index is Still Bullish.
It has the potential to touch 100,000 - 100,350
It may take some correction of 2000 - 3000 points.
S1 is around 88500 - 88700
S2 is around 87000 - 8
PSX:KSE100 ABCD PatternABCD Pattern Complete
We can see retracement between 88000 - 88700 points
Still in an uptrend
Still bullish but...KSE100
Closed at 82082 (27-09-2024)
Last Update was given on 19-08-2024 &
the levels played the same way as
mentioned. Alhamdulillah!
Now...!
as on 29-09-2024;
Index Still has the potential to touch
85000 - 87000. However, Bearish Divergence
on Shorter TF may bring it towards
79450 - 80710 range
KSE-100: Big bearish candle witnessedMarket Brief:
KSE-100 Index declined by 0.72% or 590 points to close at 81,658 points. Intra-day the index reached a peak of 82,906 and a low of 81,553. Volumes decreased by 2% compared to the previous trading session. The index is currently trading above the 50-day SMA level of 78,990.
The main
KSE 100 Cup and Handle Pattern- Cup and Handle Pattern
- The projected target is around 87,500
- Index needs to break 82,500 mark
KSE-100: Will the Momentum Keep Climbing?Market Brief:
KSE-100 Index reduced 0.27% or 223.9 points to close at 81,850.5 points. Intra-day the index reached a peak of 82,463 and a low of 81,549. Volumes decreased by 33.08% compared to the previous trading session. The index is currently trading above the 50-day SMA level of 78,877.
The ind
KSE-----100-----BULLISH AS trend is upward making higher and higher low now trend make the formation of cup and foloow the 50 ema
KSE100 index price is moving upward forming cup pattern also observed double top formation, consolidation suppose to be handle of cup, with projection in red dotted lines.
See all ideas
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