KASB | KTrade Technical
Equity Market
REP-039
Monday, September 15, 2025
KSE-100 Index Near 20-day EMA Support!
Market Summary
Close 154,440
156,519 /
Intraday High/Low
154,360
Change (points) 1,701.56
Change (%) 1.09%
52 Week High/Low 157,817 / 78,578
1 Year Index Change (%) 95.45
Volume (mn) 241
Value (PKR mn) 21,083
Market Brief:
The KSE-100 Index declined by 1,701 points (-1.09%) in the latest
session, closing at 154,439.68. During the session, the index recorded a
Intraday Trading Ideas
high of 156,519.14 and a low of 154,360.35. Trading volume stood at 241
Symbol Entry TP1 TP2 SL
million shares, showing elevated participation compared to recent
averages. FFL 18.95 19.29 19.62 18.08
TECHNICAL ANALYSIS
LOADS 17.54 18.26 18.99 16.74
The index has shown strong bullish momentum in recent weeks but the
current session marks a bearish engulfing candle near the recent high, PACE 7.47 7.81 8.03 7.25
signaling potential exhaustion. The price remains above the 20-day EMA
by approximately 1.96%, reflecting ongoing short-term bullish bias
despite the correction. Over the past 10 sessions, the index formed 7
green candles and 3 red candles, indicating strong bullish sentiment Key Index Levels
overall. However, the current red candle, combined with increased
Resistance 3 157,958
volume, suggests the possibility of a near-term pullback or consolidation.
Resistance 2 157,239
Recommendation: Resistance 1 155,800
The index will likely find initial support around 153,641. If this level is Pivot 155,080
breached, the index could drop further to the 152,921 – 151,482 range. Support 1 153,641
On the upside, KSE-100 is expected to encounter initial resistance near
Support 2 152,921
155,080 points, with a breakthrough leading to the 155,800 – 157,239
range. Support 3 151,482
PSX Volume Leader Table – Technical Guidance
Top 5 Volume Leaders – KSE-All
Symbol Last Price Support 3 Support 2 Support 1 Pivot Resistance 1 Resistance 2 Resistance 3
FNEL 9.95 7.88 8.46 9.21 9.79 10.54 11.12 11.87
AGHA 9.93 8.94 9.30 9.62 9.98 10.30 10.66 10.98
PASL 3.17 2.49 2.64 2.91 3.06 3.33 3.48 3.75
FFL 18.95 17.75 18.08 18.52 18.85 19.29 19.62 20.06
BOP 17.81 16.81 17.20 17.51 17.90 18.21 18.60 18.91
Top 5 Volume Leaders – KSE-100
Symbol Last Price Support 3 Support 2 Support 1 Pivot Resistance 1 Resistance 2 Resistance 3
BOP 17.81 16.81 17.20 17.51 17.90 18.21 18.60 18.91
PIBTL 12.46 11.64 12.02 12.24 12.62 12.84 13.22 13.44
KEL 5.36 5.04 5.19 5.27 5.42 5.50 5.65 5.73
PAEL 54.52 51.60 52.97 53.75 55.12 55.90 57.27 58.05
NBP 180.68 167.45 170.63 175.65 178.83 183.85 187.03 192.05
Source: PSX, KTrade Research
Babar Hanif
[email protected] 01
KASB | KTrade Technical
Equity Market
REP-039
Stocks for the Day
Fauji Foods Limited | FFL Buy Stock Summary
Close 18.95
Change DoD (%) 2.99%
Intraday High/Low 19.19 / 18.42
Volume (mn) 40.78
RSI
Symbol Value
RSI (14 Days) 76.66
Source: Trading View Key Price Levels
Stock Summary: FFL closed the latest session at PkR18.95 after a strong Resistance 3 20.06
breakout, holding above the 20-day EMA. The price structure is bullish with Resistance 2 19.62
rising volume, suggesting accumulation. Immediate resistance is at 19.80; Resistance 1 19.29
a clean break could open room for further upside. Short-term support lies at Pivot 18.85
17.65. The RSI, a key momentum oscillator, is currently at 76.66, which is Support 1 18.52
slightly above the neutral level of 50. Support 2 18.08
Recommendation: Initiate buying positions on weakness or near the Support 3 17.75
support zone, while the stop loss should be below PkR18.08.
Loads Limited | LOADS Buy Stock Summary
Close 17.54
Change DoD (%) 5.22%
Intraday High/Low 18.19 / 16.67
Volume (mn) 15.19
RSI
Symbol Value
RSI (14 Days) 71.93
Source: Trading View
Key Price Levels
Stock Summary: LOADS closed the latest session at PkR17.54 with a Resistance 3 19.78
strong +5.22% gain, breaking above recent resistance on rising Resistance 2 18.99
momentum. The stock is trading above both its 50- and 200-day EMAs, Resistance 1 18.26
confirming a bullish structure, while the MACD has turned positive with a Pivot 17.47
fresh crossover, signaling upside continuation. The breakout is supported Support 1 16.74
by healthy volume, suggesting strong buyer interest. Support 2 15.95
Recommendation: Initiate buying positions on weakness or near the Support 3 15.22
support zone, while the stop loss should be below PkR16.74.
Pace (Pakistan) Limited | PACE Buy
Stock Summary
Close 7.47
Change DoD (%) 2.61%
Intraday High/Low 7.59 / 7.20
Volume (mn) 28.96
RSI
Symbol Value
Source: Trading View RSI (14 Days) 66.02
Stock Summary: PACE closed the latest session at PkR7.47; the stock
has closed above the 20-day moving average. The volume indicator shows Key Price Levels
high volumes compared to previous sessions. The MACD line is above the Resistance 3 8.03
signal line, indicating upward momentum, while the RSI, a key momentum Resistance 2 7.81
oscillator, is currently at 66.02, which is above the neutral level of 50. Resistance 1 7.64
Pivot 7.42
Recommendation: Initiate buying positions on weakness or near the Support 1 7.25
support zone, while the stop loss should be below PkR7.25. Support 2 7.03
Support 3 6.86
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Rating Definitions:
•Outperform >18.5% potential upside
•Neutral: 12.5% to 18.5% potential upside
•Underperform <12.5% potential upside
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