Hello & welcome to this analysis
The index gave a sharp bounce back like the rest of the market and is now near a cluster resistance - monthly, weekly & daily @ 16900.
It could consolidate in this zone before trying a breakout for 17500 else dip down to 16000 where it has good support.
Fresh buying in small caps at current levels for short term should be done with caution else wait for breakout above 16900 or dip down to 16000 approx.
The index gave a sharp bounce back like the rest of the market and is now near a cluster resistance - monthly, weekly & daily @ 16900.
It could consolidate in this zone before trying a breakout for 17500 else dip down to 16000 where it has good support.
Fresh buying in small caps at current levels for short term should be done with caution else wait for breakout above 16900 or dip down to 16000 approx.
Dagangan aktif
The expected pullback has been completed, now the index is most likely headed for 19000
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Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.