Report
YH Securities

YHSL Technical Report 14-09-2021

KSE-100 closed on a negative note holding at 46,891.34 with loss of 379.12 pts. Bulls pressure exhaled from the
market. On the other hand, bearish momentum was dragging the market downward. KSE-100 intraday low called
out at 46,607.21 at the support level of 46,000, we may witness that it could drag further more in the bearish range
46,300-46,500.
Outlook and Expected Level in Upcoming Day
RSI shifted its positive position to oversold state, projected bearish trend cycle. Aside, 100-day moving average is in
bullish trend, gained 19 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.

Analysts
YH Securities

Other Reports from YH Securities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch