Karachi: The KSE-100 index in Pakistan demonstrated positive momentum on Friday, closing at 182,242, an increase of 982 points from the previous day. Trading volumes reached 949 million shares, slightly below the 982 million shares exchanged previously. Analysts predict the index may retest resistance at the 183,478 level, with the potential to resume its upward trend if it surpasses this point, targeting subsequent levels of 188,126 and 191,032. However, a decline may find support between 180,930 and 181,880. Investors are advised to consider buying during market dips, with a risk threshold set below 180,936.

According to JS Global, the support and resistance levels for the KSE-100 are identified at 181,589 and 183,186, respectively. The report also includes strategic recommendations for specific stocks. For ATRL, a 'buy on dips' strategy is suggested, aiming for price targets of Rs926.99 and Rs950.93, with a stop loss at Rs893.91. Similarly, OGDC is advised to consolidate above its 30-day moving average, with target prices set at Rs339.64 and Rs344.36, and a stop loss at Rs330.22.