AHL technical analysis for KSX today

Negative session was witnessed on Tuesday and the benchmark Kse-100 index declined by 188.56 points to close at a level of 46,729.96. This scenario now unveils the index levels to be in between 46,670 –46,560 as the next possible level to be seen. The same area also acts as the pivotal support for now. In case, the aforementioned support fails to hold, further price attrition towards 46,432 – 46,314 and later 46,200 cannot be ruled out. The index level in between 46,803 – 46,905 will be an immediate hurdle and a penetration above it would hint a test of another & major resistance area, which is defined b/w 47,075 – 47,150.

Sharing is caring

Leave a Reply