Karachi: The KSE-100 Index experienced a volatile trading session, closing at 136,380, an increase of 440 points from the previous day. Trading volumes dropped to 706 million shares from 879 million in the last session. Analysts project that the index will face resistance between 137,230 and 137,750 points, a zone where a breakthrough is necessary to sustain upward momentum.

If the index declines, it will encounter a support zone between 135,050 and 135,550 points, with a potential downward target of 132,589 points if this zone is breached. Indicators present a mixed outlook, offering no clear trading direction. Experts recommend that investors exercise caution, particularly during upward movements, and consider buying on dips.

In company-specific strategies, Attock Refinery Limited (ATRL) is advised with a 'buy on dips' approach, targeting price levels of Rs708.80 and Rs733.06, while a stop loss is recommended at Rs673.05. Similarly, DG Khan Cement (DGKC) is expected to follow a steady uptrend, with a 'buy on dips' strategy targeting Rs176.55 and Rs179.06, and a stop loss set at Rs167.64.

These insights are based on an analysis by JS Global.