Wednesday Forecast (April 26, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 616, which will be followed by moving up to resistance level 634.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 616, which will be followed by reaching support level 597.
Weekly Forecast (April 24 – 28, 2023)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 616, which will be followed by moving up to resistance level 634.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 616, which will be followed by reaching support level 597.
Monthly Forecast, April 2023
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 636, which will be followed by reaching resistance level 670.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 636, which will be followed by moving down to support level 597.
