Report
YH Securities

YHSL Technical Report 13-09-2021

KSE-100 closed with positive points at 47,270.46 gained 72.17 pts. Bulls are anticipated to give another resistance
range of 47,250-47,400. However, breaching these levels will expand to a range of 48,000-48,200. As market gained
momentum, uplift of positive points may be witnessed in upcoming sessions. If market makes a bearish move and
close below 46,900, we may see the trend could range 46,300-46,500.
Outlook and Expected Level in Upcoming Day
RSI increased its position and gained 1.18 positive points to 51.18 projected bullish trend cycle. Aside, 100-day
moving average is in bullish trend as it increased 21 pts. We may witness expansion in index in upcoming days.
Outlook and Recommendation
We expect the market to change trend to bullish state momentum.

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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