Thursday Forecast (November 3, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 110.19, which will be followed by moving up to resistance level 111.09 and 111.31.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 110.19, which will be followed by reaching support level 108.26.
Weekly Forecast (October 31 – November 4, 2022)
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 110,19, which will be followed by reaching resistance level 114,07.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 110,19, which will be followed by moving down to support level 106,31.
previous week forecast
Monthly Forecast, November 2022
Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 110,19, which will be followed by reaching resistance level 114,07 and if it keeps on moving up above that level, we may expect the market to reach resistance level 117.08.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 110,19, which will be followed by moving down to support level 106,31 and 103.20.
previous month forecast
