Karachi: The Karachi Stock Exchange's benchmark KSE-100 index witnessed a robust performance in the latest trading session, closing up 764 points at 82,248. The trading volume for the day significantly increased, reaching 422 million shares compared to the previous session's 370 million shares.

According to JS Global, the KSE-100 index is on track to challenge its all-time intraday high of 82,463. A successful breakout above this level could potentially set the target for 83,119, with further ambitions to hit 83,849. Should the index experience any pullbacks, it is expected to find strong support within the 81,730 to 82,040 range. Analysts have observed an uptick in both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), suggesting a continuation of the bullish trend. Investors are advised to capitalize on any dips in the market with a stop-loss order placed just below 81,524. The current support and resistance levels are identified at 81,738 and 82,545, respectively.