*KSE-100: Geopolitics to keep market volatile* Market View — Technical The index began the session with a slight positive momentum but remained volatile throughout the day. It hit an intraday high of 666 points and a low of 410 points before closing down by 254 points at 121,971. Trading activity showed a slight improvement, with volume rising by 12% compared to the previous day. Despite the day's decline, the MACD remains in a bullish stance, staying above its signal line for the past 22 sessions. Since this bullish crossover, the index has gained 2.86%, fluctuating between a peak of 126,718 and a low of 116,860. The current chart formation depicts that the immediate support lies at 121,800. If this level is breached, the index may fall further toward 121,300 and 120,600. On the flip side, resistance is expected around 122,500, with further potential targets at 123,200 and 123,800. It is recommended to trade with a cautious approach and accumulate positions on weakness with risk defined below support zone. https://research.akdsl.com/AKD_Technical_Daily_Jun_18_2025.pdf