Karachi: The KSE-100 index closed at 94,764, gaining 572 points in the latest trading session, although trading volumes decreased to 893 million shares from 1,084 million shares in the previous session.

According to JS Global, the index is projected to face resistance in the 94,820-95,330 range, with a breakthrough above this zone potentially leading to a target of 96,046. Conversely, support is expected in the 93,970-94,370 range, with a fall below these levels possibly initiating a corrective trend.

Investment strategies suggested by JS Global include a cautious approach for the KSE-100 and specific recommendations for individual stocks. For HBL, a 'buy on dips' strategy is advised, targeting Rs138.12 and Rs141.85, with a stoploss at Rs129.65. HCAR is recommended for 'sell on strength,' targeting Rs298.10 and Rs291.70, with a stoploss at Rs304.40. Other stocks such as OGDC, PPL, ATRL, PSO, and ENGRO have been given tailored strategies, reflecting current market conditions and technical indicators.