Weekly Forecast (October 31 – November 4, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1844.2, which will be followed by reaching resistance level 1919.6.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1844.2, which will be followed by moving down to support level 1782.5 and if it keeps on moving down below that level, we may expect the market to reach support level 1685.
previous week forecast
Monthly Forecast, November 2022
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1782.5, which will be followed by reaching resistance level 1919.6 and 2033.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1782.5, which will be followed by moving down to support level 1640.7 and if it keeps on moving down below that level, we may expect the market to reach support level 1520.3.
previous month forecast
