Technical Outlook: Expect continuation of northbound momentum - TopicsExpress

Technical Outlook: Expect continuation of northbound momentum towards 34,320 level with immediate supports around 33,818 and 33,541 levels. Short-term stance remains bullish with the 14-day RSI (80.11) entering bull market momentum resistance between 80 — 90 readings . Lock profits on strength in cements, hold banks while accumulating oil, fertilizer, textile and insurance sectors on dips. 13-day Leaders: DAWH, KTML, SHFA, JSCL, PCAL, PACE, ENGRO, EFOODS, CEPB & NETSOL 13-day Laggards: MUREB, PAKT, GRAYS, NPL, BAFL, MTL, ATLH, ABOT, PKGS & NCPL

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