DB Securities Identifies KOSPI 5300-5700 as Major Support Zone, 7000-7100 as Resistance

According to DB Securities analyst Tae-hyun Seol's report released today, the KOSPI 5300-5700 range has formed a strong supply zone that will serve as a key support level. About 17% of total trading volume concentrated in this band during the recent bull market, providing support during downturns. The 7000-7100 range is positioned as short-term resistance, where profit-taking from foreign and institutional investors is likely. If volume-backed breakthrough above 7100 occurs, the next profit target could reach 8500-9000, according to the analysis.
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