Technical Outlook: KSE-100: Relentless bull run – By AKD Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The index started the session on firm ground and maintained its upward trajectory throughout the day. It touched an intraday high of 1,647 points before closing with a strong gain of 1,591 points at 163,848. Trading activity eased, with volumes falling 14% from the prior session. The Index remains in an uptrend, standing 30.7% above its 200-period moving average. Volatility is broadly in line with the 10-session aver age, while volume indicators signal strong inflows into the KSE100. Trend forecasting oscillators also continue to reflect a bullish outlook.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Chart analysis highlights immediate support at 163,300. A breakdown below this level may trigger furt...