Weekly Forecast (September 12 – 16, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 658,50, which will be followed by reaching resistance level 705,50 and if it keeps on moving up above that level, we may expect the market to reach resistance level 735,25.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 658,50, which will be followed by moving down to support level 604.
previous week forecast
Monthly Forecast, September 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 658.50, which will be followed by moving up to resistance level 705.50 – 735.25.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 658.50, which will be followed by moving down to support level 604 and 561.75.
previous week forecast
