Weekly Forecast (September 18 – 23, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 1861,70, which will be followed by moving up to resistance level 1935.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 1961,70, which will be followed by reaching support level 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