Islamabad: The KSE-100 index concluded at 156,178, experiencing a marginal decline of 3 points. Trading volume reached 1,499 million shares, compared to 1,356 million shares in the previous session. Analysts predict the index will likely fluctuate within a defined range, encountering resistance between 157,200 and 157,820. A breakthrough above this barrier could initiate upward movement.

Conversely, any downward pressure could find support between 155,200 and 155,700. A drop below this level may signal a continuation of the corrective trend. Market indicators present a mixed picture, offering no definitive trading direction. Investors are advised to exercise caution at higher levels and await potential dips. Support and resistance levels are identified at 155,693 and 156,930, respectively.

NETSOL Technologies is showing positive momentum, with a "buy on dips" strategy recommended, targeting Rs157.94 and Rs163.97, with a stop-loss set at Rs150.00. Mari Petroleum Company Limited (MLCF) is also expected to trade within a specific range. A "buy on dips" approach is suggested for MLCF, targeting Rs109.35 and Rs114.50, with a stop-loss at Rs105.10.