Long-Term View of KSE-100 through Detailed Technical Analysis (1-Day Timeframe) by The Chart Alchemist
Overview
Since reaching a historical high of 191,000 points, the KSE-100 index initiated a sharp downward thrust, transitioning into a bearish trend within the broader weekly uptrend. Since January 2026, the index has consistently moved lower, with a recent low at 144,200 points.
Recent Price Action
In the last two days, price action briefly sparked optimism that the downward move might be exhausted.
Yesterday’s session, however, invalidated that hope, as price action confirmed a bearish pullback to the 20 EMA.
Consequently, the index appears set to resume its bearish trend.
Future Scenarios
Bullish Scenario
If the index holds above the main support zone:
First, it will target the immediate resistance at 157,730 points.
Then, it will test the primary resistance at 160,540 points.
A bullish trend resumption is likely beyond 162,000 points.
After surpassing that, the index may accelerate to the secondary resistance at 169,200 points, a weaker resistance.
Bearish Scenario
If the index fails to hold the main support zone:
It will accelerate toward the breakdown target at 118,600 points.
This breakdown target, previously highlighted two months ago, will be critical for further downside.
Key Levels
Immediate Support: 148,680 points
Secondary Support: 145,890 points
Main Support Zone: 138,000 – 140,000 points
Immediate Resistance: 157,730 points
Primary Resistance: 160,540 points
Bullish Trigger: 162,000 points
Secondary Resistance: 169,200 points
Breakdown Target: 118,600 points