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Friday, December 6, 2019

KSE 100 Index - Week 49 Closing

Index remained under pressure and range bound. Re-testing its support at 40500 +/- 100 and resistance at 40900 +/- 100, which remained a tough nut to crack as we predicted. Looking forward we expect see-saw behavior to continue until a clean break and close above 40900 +/- 100.

Views on week 50 will be presented in a separate post. 

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