Market should not go lower than 74.837128. After this move down it should go up to 75.465103 - 75.601593 area.

Technical Forecast

  • Elliott Wave

    extended impulse wave down

Key Points

  • Key Point74.89
  • Entry Point75.25
  • Trendline 175.80
  • Trendline 275.43
  • Elliott76.17
  • Closing75.13
  • Ex-Low75.06
  • Ex-High75.80
  • Projection74.58

Supports and Resistance levels

  • Support 174.86
  • Support 274.59
  • Resistance 175.60
  • Resistance 276.07
  • Pivot75.33

There is bearish potential for a fall to 75.094315 - 74.737335 while 75.451294 - 75.649132 resist. After this fall a recovery up to 75.649132 or 75.846970 is expected.

Technical Forecast

  • Elliott Wave

    extension wave down

Key Points

  • Key Point74.91
  • Entry Point75.08
  • Trendline 175.54
  • Trendline 275.94
  • Elliott80.73
  • Closing75.13
  • Ex-Low75.06
  • Ex-High76.17
  • Projection73.61

Supports and Resistance levels

  • Support 174.74
  • Support 274.34
  • Resistance 175.85
  • Resistance 276.56
  • Pivot75.45

Market should not go lower than 75.094315 - 73.891418. After this move down it should go up to 76.918007 - 77.538803 area.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point73.39
  • Entry Point75.70
  • Trendline 178.70
  • Trendline 276.68
  • Elliott80.73
  • Closing75.13
  • Ex-Low75.06
  • Ex-High78.70
  • Projection70.64

Supports and Resistance levels

  • Support 173.89
  • Support 272.65
  • Resistance 177.54
  • Resistance 279.94
  • Pivot76.30