Karachi: The KSE-100 index experienced a bullish session, gaining 464 points to close at 152,666. The session saw a decrease in trading volumes to 954 million shares from 1,043 million shares in the previous session. Analysts predict the index may retest resistance at 153,411, with potential to reach 153,766 and 155,314 if a breakout occurs. On the downside, support is expected between 151,630 and 152,270. Both the RSI and MACD indicators are trending upwards, indicating a positive market outlook. Investors are advised to 'Buy on dips,' with risk managed below the 151,320 level. The current support and resistance levels are noted at 152,150 and 153,296, respectively.

In other market developments, PSO is projected to continue its upward trend. The recommended strategy is to 'Buy on dips,' with targets set at Rs412.00 and Rs420.67, and a stop-loss at Rs404.51.

HCAR is anticipated to consolidate above key averages. The strategy for investors is also to 'Buy on dips,' with price targets of Rs304.10 and Rs313.91, and a stop-loss at Rs296.01.