YHSL Technical Report 27-09-2021
Bears rally carried out to cease the market today on the first trading session of week. KSE-100 marked a negative
outlook in the market, closed at 44,817.76 lost 255.76 pts. Index closed below the Fibonacci point of 38.2%
(45,009) but the wick of candle is bullish, indicates the last-hour buying of 34.19 mn has closed the index up and
recovered (500 pts) in intraday session. Market may move trend from bearish to bullish cycle towards 45,500 to
enter in the bullish zone of 46,500-47,000 level or if it continues to drag furthermore, we may see the bearish trend
range 44,500-45,000.
Technical Level of KSE-100
RSI took oversold bearish position. Aside, 100-day moving average is changed closed at 45,955.08 losing 190 pts.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.