Weekly Forecast (September 12 – 16, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 1849,10, which will be followed by reaching resistance level 1920,40.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 1849,10, which will be followed by moving down to support level 1795,10 and 1715.
previous week forecast
Monthly Forecast, September 2022
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1919.60, which will be followed by moving up to resistance level 2100.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1919.60, which will be followed by reaching support level 1640 and if it keeps on moving down below that level, we may expect the market to reach support level 1426.20.
previous month forecast
