*AKD Daily Technical - Jun 05, 2025* *KSE-100: Bulls charge market to new heights* Market View — Technical The index began the session on a positive note and remained bullish throughout the day. It recorded an intraday high of 1,432 points before closing with a moderate gain of 1,348 points at 121,799. Trading activity weakened, as volume fell by 7% compared to the previous session. KSE100 gapped up today (bullish) on normal volume. Possibility of a Runaway Gap. The Index is currently 17.4% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 trading sessions. Volume indicators reflect volume flowing into and out of the Index at a relatively equal pace (neutral). Trend forecasting oscillators are currently bullish on and have been maintaining this outlook for the last 12 trading sessions. The current chart formation depicts that the immediate support lies at 121,500. If this level is breached, the index may fall further toward 120,800 and 120,300. On the flip side, resistance is expected around 122,300, with further potential targets at 122,800 and 123,400. It is recommended to accumulate positions with risk defined below support zone. https://research.akdsl.com/AKD_Technical_Daily_Jun_05_2025.pdf Regards, AKD Research