Weekly Forecast (September 12 – 16, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 183,575, which will be followed by reaching resistance level 190,200.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 183,575, which will be followed by moving down to support level 180,550.
previous week forecast
Monthly Forecast, September 2022
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 180.850, which will be followed by reaching resistance level 193.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 180.850, which will be followed by moving down to support level 177.50 and if it keeps on moving down below that level, we may expect the market to reach support level 170.825.
previous week forecast
