KSE 100 Daily ChartKSE 100 Daily Chart 22 Aug 2023.
First Trendline support broken dated 07 Aug 2023.
2nd Trendline support broken dated 16 Aug 2023.
Trendline strong resistance bold black line.
Daily supply level 48846 is very important.
Last HL is 47262 very important and price must hold it.
Price has broken the previous week's low 47893.
Daily price is between Darvas neutral BOX.
KSE100 trade ideas
KSE 100 INDEX BUYas Pakistan stock exchange has given an access to this portal and my first analysis is on KSE 100 INDEX i see a potential buy setup to a Daily Resistance Level and the first confluence for this setup is a GAP UP opening on Monday which is buy Signal the 2nd confluence is 200 EMA which is below candles and shows that it will be a buy setup third confluence is formation of a hammer candle which also shows us a buy setup but as i know the political situations and Geo economical position of Pakistan any move could be possible if everything goes smooth we will buying this 100 index