This/Next Week Forecast (March 22 – 26, 2021)
An uptrend will start as soon, as the market rises above resistance level 1436, which will be followed by moving up to resistance level 1460.
The downtrend may be expected to continue, while market is trading below resistance level 1436, which will be followed by reaching support level 1388 and if it keeps on moving down below that level, we may expect the market to reach support level 1366 and 1337.
previous week forecast
Difference between supply and demand shows fair price on the level 1380.
Monthly Forecast, March 2021
The uptrend may be expected to continue in case the market rises above resistance level 1390, which will be followed by reaching resistance level 1462 – 1510.
An downtrend will start as soon, as the market drops below support level 1298, which will be followed by moving down to support level 1180.
previous month forecast