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KSE 100 Index forum

Nov 24

It is likely to cross 100k level in this last week of November 2024 as it is in Bullish trend. 98400 is key level. If Market opens above this level or cross this level immediately after opening it is likely to cross 100k level in this week. Next level is 104,500. In Dec 2024 it is possible to cross 120k level.

Note: This is analysis based on technicals and fundamentals. This is only opinion not a call.

Nov 19

PSX - Interesting observation on trading volumes

19th November 2024

91 scrips – trading of 1 to 999 shares.
87 scrips – trading of 1000 to 9999 shares.
35 scrips – trading of 10000 to 24999 shares
64 scrips – trading of 25,000 to 99,999 shares
This means 277 scrips have trading volume within 100 K shares.

Roughly trading takes place in 400 scrips. This means 133 scrips have trading volume of more then 100 k, rest have trading volumes under 100k.

Any input/ ideas /feedback, on this pattern of trading !

Oct 20

Tomorrow if Index crosses 85444 level, it is high chance to cross 86200 and 86800 levels.

Oct 18

Index could drop to 85200 than may be bounce back to 86000 and 86800 levels today or on monday

Aug 1

Forecasted Target of Index Pakistan

- Bearish Flag Formation: The KSE 100 Index is currently exhibiting a bearish flag formation, with a projected target of approximately 76,200
- Short-term Prediction: The KSE100 is predicted to trade at 76,387.79 points by the end of the quarter
- Long-term Prediction: In 12 months, the KSE100 is predicted to trade at 72,208.02 points.

Nov 29, 2023

Finally KSE ATHH confirmed now go sell