On the daily chart the index is trading near resistance and closing above 18040 will trigger further buying.
A small correction will give good up side momentum the the index.
On the flip side closing below 17000 will change the direction and 15600 will be potential zone to reach.
Pink - Channel
Green - Immediate support
White - Long term support
A small correction will give good up side momentum the the index.
On the flip side closing below 17000 will change the direction and 15600 will be potential zone to reach.
Pink - Channel
Green - Immediate support
White - Long term support
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.