Report
YH Securities

YHSL Technical Report 04-11-2021

KSE-100 index points inclined to high of 47,242.82 and low of 46,936.48. Volumes inclined from 165 mn shares to 177.9 mn shares. KSE index closed above 0.236%(46,533.44) at 47,219.18, with an increase of 186.74 pts.

Technical Level of KSE-100
RSI created bullish momentum in index, gained 2pt, closed at 66.22 as compared to last close at 64.8. Aside, 100-day moving average declined by 5 points closed at 46,763.04.

Outlook and Recommendation
We expect the index to shift upwards to 46,900 - 47,500 level to expand its position. Alongside, bearish trend point lies at 42,500-44,000 level.

Provider
YH Securities
YH Securities

Y.H. Securities (Private) Limited is a full service brokerage house in Pakistan.The company's sole purpose is to provide high quality advisory service to its valuable clients on equity market, through a team of qualified and diligent professionals.

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YH Securities

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