It should trade higher to 76.556358 while 76.054298 or 75.911118 offers support. Stop loss below 75.767929 zone.

Technical Forecast

  • Elliott Wave

    impulse wave up

Key Points

  • Key Point76.59
  • Entry Point76.01
  • Trendline 175.55
  • Trendline 275.69
  • Elliott75.42
  • Closing76.27
  • Ex-Low75.55
  • Ex-High76.34
  • Projection76.58

Supports and Resistance levels

  • Support 175.77
  • Support 275.27
  • Resistance 176.56
  • Resistance 276.84
  • Pivot76.05

Market should hold major support at 74.203293 before rising towards 76.059906 or even 76.595306 limit.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point76.20
  • Entry Point75.14
  • Trendline 175.17
  • Trendline 274.98
  • Elliott74.08
  • Closing75.52
  • Ex-Low74.08
  • Ex-High75.61
  • Projection76.44

Supports and Resistance levels

  • Support 174.54
  • Support 273.55
  • Resistance 176.06
  • Resistance 276.60
  • Pivot75.07

There is bearish potential for a fall to 74.709351 - 73.647980 while 75.770714 - 76.453850 resist. After this fall a recovery up to 76.453850 or 77.136986 is expected.

Technical Forecast

  • Elliott Wave

Key Points

  • Key Point74.64
  • Entry Point75.98
  • Trendline 176.09
  • Trendline 276.09
  • Elliott79.61
  • Closing75.01
  • Ex-Low74.40
  • Ex-High77.89
  • Projection71.45

Supports and Resistance levels

  • Support 173.65
  • Support 272.28
  • Resistance 177.14
  • Resistance 279.26
  • Pivot75.77