Karachi: The KSE-100 index experienced significant volatility, closing at 181,260, a decrease of 370 points from the previous day. Trading volumes also saw a decline, with 982 million shares traded compared to 1,551 million shares in the previous session. The index is anticipated to test support levels between 179,400 and 180,990. A drop below these levels could lead to a target of 176,702, the 30-day moving average. Resistance is expected between 182,270 and 183,850, which, if surpassed, could resume an uptrend.

According to JS Global, investors are advised to 'buy on dips', with a risk threshold set below 179,411. The support level stands at 179,688, with resistance at 182,554. Specific stocks like ATRL and DGKC are also highlighted, with recommendations to 'buy on dips'. ATRL is targeting Rs926.99 and Rs950.93 with a stop loss at Rs894.32, while DGKC is expected to consolidate, targeting Rs231.55 and Rs237.49, with a stop loss at Rs213.01.