KSE-100 Index MARI OGDC PPL – Technical Update
The KSE-100 Index on both 1H and Daily timeframes formed a Bearish Flag, and the downside target from this structure has almost been achieved.
However, a Bullish Divergence is now appearing on the charts, suggesting that selling momentum may be weakening, which could lead to a short-term recovery move.
Key Levels to Watch
Support Zone: 145,000 ±
Critical Low: 144,000
If this support zone holds, we may see a fast recovery rally in the index.
Accumulation Strategy – Energy Sector
Due to uncertain global markets and war-like geopolitical conditions, energy exploration companies may recover faster as commodities remain sensitive to global developments.
Accumulation Zones:
Pakistan Petroleum Limited (PPL) – 194 to 200
Mari Petroleum Company Limited (MARI) – around 574
Oil and Gas Development Company (OGDC) – 256 ±
These stocks could lead the recovery once the **KSE-100 Index stabilizes at support.
Risk Management
Buy in portions as discussed earlier instead of entering full positions at once.
If the support breaks, we will update again with fresh levels and guidance on what and when to buy next.
Disclaimer:
Smart Money AR provides this analysis strictly for educational and informational purposes. It does not constitute financial advice. Traders are responsible for their own decisions.
The KSE-100 Index on both 1H and Daily timeframes formed a Bearish Flag, and the downside target from this structure has almost been achieved.
However, a Bullish Divergence is now appearing on the charts, suggesting that selling momentum may be weakening, which could lead to a short-term recovery move.
Key Levels to Watch
Support Zone: 145,000 ±
Critical Low: 144,000
If this support zone holds, we may see a fast recovery rally in the index.
Accumulation Strategy – Energy Sector
Due to uncertain global markets and war-like geopolitical conditions, energy exploration companies may recover faster as commodities remain sensitive to global developments.
Accumulation Zones:
Pakistan Petroleum Limited (PPL) – 194 to 200
Mari Petroleum Company Limited (MARI) – around 574
Oil and Gas Development Company (OGDC) – 256 ±
These stocks could lead the recovery once the **KSE-100 Index stabilizes at support.
Risk Management
Buy in portions as discussed earlier instead of entering full positions at once.
If the support breaks, we will update again with fresh levels and guidance on what and when to buy next.
Disclaimer:
Smart Money AR provides this analysis strictly for educational and informational purposes. It does not constitute financial advice. Traders are responsible for their own decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.