Technical Outlook: KSE 100 Daily Chart - By Darson Research

<p><br /></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The index is consolidating after a strong bullish move, forming a symmetrical triangle pattern. It recently tested the lower boundary Area of Value (AoV) around 112525, made low of 112014 and bounced back from that level and closed around 115272.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Now it must sustain above CPR&rsquo;s upper Band (UB) around 115430 for further upside till Breakout Trajectory (BT) between 115995 to 117015, while Area of Value (AoV) is between 113575 to 112525.</span> </li></ul>