KSE100 Closed at 162896.68 (19-05-2026)
Weekly Closing above 163800 - 164000 would be a +ve sign.
Inverse H & S Pattern Test Case - Result : Inverse H & S at
the top rarely plays well.
Very Important Support Zone is around 157000 - 158000.
All other Patterns (Megaphone & ABCD) are still intact with Upside Targets.
Market is safe as long as it does not break its HL around 144000.
Weekly Closing above 163800 - 164000 would be a +ve sign.
Inverse H & S Pattern Test Case - Result : Inverse H & S at
the top rarely plays well.
Very Important Support Zone is around 157000 - 158000.
All other Patterns (Megaphone & ABCD) are still intact with Upside Targets.
Market is safe as long as it does not break its HL around 144000.
Trade active
As stated yesterday that the candle shows the absorption of selling pressure has started..Trade closed: target reached
168000 - 170000 is the resistance now.Note
Approaching the Immediate Resistance Zone!Note
Reaching Important Resistance Zone around 172000 - 181000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.