<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index witnessed a volatile session to close at
147,005, up 75 points DoD. Volumes stood at 692mn shares compared to 611mn
shares traded in the last session. The index is expected to face resistance
between 147,970 and 148,300 levels as a break above will target 149,593 level.
However, any downside will find support in the range of 146,200-146,900 levels
as a fall below may initiate a corrective trend. The RSI and the MACD have
continued to rise, supporting a positive view. We recommend investors to stay
cautious on the higher side and wait for dips. The support and resistance are
at 146,607 and 147,690, respectively.</span></li></ul>
