Karachi, In the latest trading session, the KSE-100 index exhibited a stable performance, opening on a slightly negative note but closing with a gain of 90 points at 66,886 points. This session saw the market operating within a tight range, reflecting a cautiously optimistic sentiment among investors.

According to AKD Securities Limited, trading volumes increased compared to the previous session, indicating heightened activity in the market. The Relative Strength Index (RSI) remained above the neutral threshold, registering at 64.46, which suggests a maintained bullish sentiment among traders. The index's stability above the Parabolic SAR on the daily chart further supports this optimistic outlook.

Technical analysis from AKD Securities highlights potential movements for the KSE-100 index, with initial support projected around 66,500 points. Should this level be breached, the index could face further declines towards 66,100 and 65,800 points. Conversely, resistance is expected near 67,000 points, with potential to escalate towards 67,400 and 67,800 points. Investors are advised to build positions near the support zone, maintaining a clear risk management strategy below these levels.