17/02/2026
* ALERT* - *KSE 100 Index Technical Analysis Update*
Since the bull trend started in *July 2023*, the index has made *four corrective phases*. In each correction, the market declined between *8% to 13.5%* before resuming its bullish momentum.
Currently, the KSE-100 Index has already corrected nearly *10%*, which falls within the historical correction range of this ongoing bull cycle.
*Pattern Analysis*
Two major bearish patterns are visible:
* *Head & Shoulders Pattern*
* *Rising Wedge Pattern*
Both patterns indicate potential downside targets in the *171,000 – 168,000 range*.
*Moving Average Support*
The *Daily 100-EMA* is lying near the **171,000 level**, making this zone technically very important.
Since the bull run began in July 2023, the index has broken the Daily 100-EMA only once — during the Pakistan-India geopolitical tension phase — and later recovered strongly. This highlights the importance of this moving average as a dynamic support.
*Conclusion & Market Strategy*
The *168,000 – 171,000 zone* is a strong confluence support area because:
* Historical correction range (8–13.5%)
* Head & Shoulders downside target
* Rising Wedge downside target
* Daily 100-EMA support
*Strategy:*
✔ Strategy should be to *buy on dips step by step near strong support levels (171,000 – 168,000 zone).*
✔ Avoid aggressive buying at once — build positions gradually.
✔ Add more positions only when the market shows stabilization and bullish confirmation.
*If the index holds this zone, a strong rebound can be expected.*
*RAFI Securities Pvt Limited*