Technical Outlook: KSE-100 Witness Ranging Session Aimed To Test (66,150) – By Darson Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The benchmark KSE-100 surged 229 Pts. with traded volume 170.7 million greater than previous volume bar, RSI noted 60.7 Pts. On hourly chart bourse opened with positive note post high of (65,968) and test low of (65,614) finally closed on (65,731) moving ahead resistances would be 65,855, 66,075, 66,300 on flip side supports are 65,310, 65,115, 64,885.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On daily chart a narrow spread up bar close off the low with ascending volume relative to the volume histogram suggesting supply over coming demand a sign of weakness needs confirmation with negative close session ahead yet has neutral impact over price move, Bourse witness bullish session with spinni...