KSE-100 ANALYSIS 03-07-2025

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KSE 100 Index Technical Analysis (15-minute timeframe)

After completing a short-term uptrend and achieving a high of 131,350, the KSE 100 index went into an intraday pullback, forming a spring pattern (marked on the chart). The pullback ended at 129,960, and the index reversed upwards.

Key Observations:

- Shallow intraday pullback, indicating strong underlying momentum
- Spring pattern formation, suggesting potential for upward continuation
- Reversal from the pullback level, confirming the short-term uptrend

Targets:

- Short-term Target: 132,000
- Midterm Targets: Remain unchanged, with the final target at 138,970 (as highlighted in yesterday's update)

Let's monitor the KSE 100 index's performance and see if it achieves the targets.

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