Karachi: The KSE-100 Index experienced modest gains, closing 515 points higher at 139,207, amid continued range-bound trading activity. Trading volumes were recorded at 635 million shares, slightly down from the previous session's 649 million.

The index is anticipated to encounter resistance between 139,430 and 139,780. A breakthrough above these levels could propel the index toward the 140,585 mark. Conversely, support is identified between 138,150 and 138,800, with any breach likely to prompt a correction to 137,430 and 135,481.

Investors are advised to remain vigilant at elevated levels and consider accumulating on potential declines. Currently, the support and resistance levels are noted at 138,865 and 139,493, respectively.

In individual stocks, NETSOL Technologies is perceived to have limited downside risk. The recommended strategy is to 'buy on dips,' with price targets set at Rs147.21 and Rs151.30, and a stop-loss at Rs140.60.

International Steels Limited (ISL) has rebounded from its 30-day moving average. The 'buy on dips' strategy is also advised for ISL, targeting prices of Rs98.00 and Rs101.43, with a stop-loss at Rs92.86.

These insights reflect the latest technical analysis by JS Global, highlighting key market strategies and levels for investors.