**KSE-100 Index: Bullish Momentum Gains Strength, Short-Term Rally Expected** 🔹 **Key Levels to Watch:** - **Immediate Support:** 111,834 (session low) - **Critical Support:** 111,000 (psychological support) - **Next Major Support:** 109,400 (strong support zone) - **Immediate Resistance:** 113,233 (session high) - **Key Resistance Zone:** 113,500–114,000 (congestion zone) 🔹 **Outlook:** The KSE-100 Index surged by 1,632 points, closing at 113,098, reflecting a strong upward momentum. After opening positively, the market sustained its gains throughout the session, with the index fluctuating between 111,834 and 113,233 points. Total trading volume reached 244 million shares, valued at PKR 20.5 billion, suggesting active participation. The RSI stands at 51.75, indicating a neutral to slightly bullish market, with room for further short-term upward movement if the positive sentiment continues. - **Bullish Scenario:** The market’s sustained rally could push the index toward the resistance zone around 113,500–114,000. A continuation of this upward trend would point toward further gains in the near term. - **Bearish Scenario:** A break below the immediate support at 111,834 may see the index testing the next key support levels around 111,000 or even 109,400, indicating a potential pullback. Given the positive market action and the current neutral RSI, traders could consider looking for short-term buying opportunities, though it is important to remain cautious as the broader trend stabilizes.