It should trade higher to 71.066833 while 70.667168 or 70.546249 offers support. Stop loss below 70.425339 zone.

Technical Forecast

  • Elliott Wave

    correction zigzag

Key Points

  • Key Point71.06
  • Entry Point70.66
  • Trendline 170.54
  • Trendline 270.54
  • Elliott70.27
  • Closing70.82
  • Ex-Low70.27
  • Ex-High70.91
  • Projection71.04

Supports and Resistance levels

  • Support 170.43
  • Support 270.03
  • Resistance 171.07
  • Resistance 271.31
  • Pivot70.67

Market should not go lower than 68.830414. After this move down it should go up to 73.241791 area.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point69.00
  • Entry Point71.83
  • Trendline 174.40
  • Trendline 272.89
  • Elliott76.78
  • Closing70.78
  • Ex-Low70.69
  • Ex-High74.43
  • Projection69.52

Supports and Resistance levels

  • Support 169.50
  • Support 268.22
  • Resistance 173.24
  • Resistance 275.71
  • Pivot71.96