*KSE 100 INDEX* KSE 100 Index bounced yesterday in early session giving up majority of gains to close 81.79 points positive at 122225.35. We may witness further downside today as the index may target 121600.00 followed by 120500.00 support levels. Stability above 120500.00 is essential for the bullish trend to continue initially targeting 123600.00 and 124410.00 levels followed by our main target located at 127000.00. Therefore, any pull back should be considered as a buying opportunity above 120500.00. Stability below 120500.00 will start correction towards 119100.00 followed by 118142.00 levels. RSI is back around 60 to regain momentum.