*📉 KSE-100 Index: Bears Take Charge, Bulls Eye Key Resistance* *🔹 Key Levels to Watch:* - Immediate Support: 111,435–111,256 (critical support zone) - Next Major Support: 110,900–110,425 (potential downside target) - Immediate Resistance: 112,575–112,845 (key resistance zone) - Key Resistance Zone: 113,100–113,655 (bullish breakout target) *🔹 Outlook:* The KSE-100 index showed strong initial momentum, but bears took control, pushing the index down after reaching an intraday high of 113,649. The index closed at 111,935.38, a decline of 809.63 points. The market is now testing key levels, with resistance between 112,575 and 112,845. A decisive breakout above 112,845 could fuel a move towards 113,100–113,655, with further upside potential targeting 114,200. - *Bearish Scenario:* Failure to hold above 111,256 could trigger increased selling pressure, leading to a potential decline toward 110,900–110,425. - *Bullish Scenario:* A break above 112,845 could initiate a bullish move toward 113,100–113,655 and beyond. Traders are advised to stay cautious and trade with risk management in place, targeting 112,575–112,845 and 113,100–113,655 while keeping risk levels below 109,850. A breakout above resistance is key for bullish momentum.