Karachi: The KSE-100 index experienced a session of limited fluctuations, closing at 78,356, a slight increase of 73 points from the previous day. Trading volumes decreased to 437 million shares compared to 457 million shares in the prior session.

According to JS Global, the index remains under the 50-day moving average (DMA), which is anticipated to cap any upward movement at the 78,752 level. The downside, on the other hand, is expected to find support at the 30-DMA, which stands at 78,186. The relative strength index (RSI) and Stochastic Oscillator have shown signs of improvement, indicating potential positive trends ahead. Investors are encouraged to consider any drops below the 30-DMA as buying opportunities, with well-defined risk parameters. Current support and resistance levels are noted at 78,190 and 78,584, respectively.