Karachi: The KSE-100 index extended its upward trajectory during the latest trading session, closing 3,353 points higher at 180,393, with trading volumes increasing by approximately 34% compared to the previous day.

According to AKD Securities Limited, the KSE-100 opened positively and sustained strong bullish momentum, reaching an intraday high of 3,464 points. From a technical perspective, the index closed 11.8% above its upper Bollinger Band, indicating the potential for a breakout, though consolidation within the current range remains likely. Trading volumes suggest moderate buying interest, and trend forecasting oscillators maintain a bullish outlook. Immediate support is identified at 179,800, with potential declines toward 178,500 and 176,800 if breached. Resistance is expected around 181,400, followed by 182,300 and 184,100. Accumulating positions with risk defined below the support zone is recommended.