Index behaved as per our prediction made on 24 Nov, showing a see-saw market movement and honoring its intraday resistance at 38200 +/- 100 points twice. Closing coincided with intraday resistance, which shows an upper hand for bulls. Looking forward, we expect the market to remain on track for hitting its expected weekly channel top along with end of roll over period.
Looking forward we expect KSE 100 resistance and support to fall at 38900 - 38100 +/- 100 points respectively.
Looking forward we expect KSE 100 resistance and support to fall at 38900 - 38100 +/- 100 points respectively.
Wish you a very happy and profitable trading!
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