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Technical Outlook: KSE 100 Hourly Chart - By Darson Research

  • By: Darson Securities (Private) Limited

  • - Published: Tuesday, 28 January 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The chart shows a symmetrical triangle pattern that recently saw a breakdown. Price has moved below the lower trendline, signaling a possible bearish continuation.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pivotal point around 115,345 is acting as a major resistance, CPR resistance at upper band around 114410. On the flip side CPR support at lower band around 113250. If it fails to honor, then it may retest Support around 112675 or even 111625.</span></li></ul>

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