Market should not go lower than 75.861359. After this move down it should go up to 77.208946 area.

Technical Forecast

  • Elliott Wave

    null

Key Points

  • Key Point75.96
  • Entry Point76.79
  • Trendline 177.26
  • Trendline 277.18
  • Elliott79.46
  • Closing76.41
  • Ex-Low76.22
  • Ex-High77.51
  • Projection75.39

Supports and Resistance levels

  • Support 175.92
  • Support 275.42
  • Resistance 177.21
  • Resistance 278.00
  • Pivot76.71

Market should not go lower than 76.316528 - 75.489471. After this move down it should go up to 77.605835 - 78.068092 area.

Technical Forecast

  • Elliott Wave

    extension wave down

Key Points

  • Key Point75.86
  • Entry Point77.16
  • Trendline 178.80
  • Trendline 278.13
  • Elliott79.46
  • Closing76.41
  • Ex-Low76.22
  • Ex-High78.80
  • Projection74.75

Supports and Resistance levels

  • Support 175.49
  • Support 274.56
  • Resistance 178.07
  • Resistance 279.72
  • Pivot77.14

It should be subject to more weakness towards 76.596390. After which a correction to towards 80.646812 is anticipated. A break of 74.949272 is bearish.

Technical Forecast

  • Elliott Wave

    flat correction down

Key Points

  • Key Point77.11
  • Entry Point79.43
  • Trendline 181.47
  • Trendline 280.04
  • Elliott83.91
  • Closing78.24
  • Ex-Low77.35
  • Ex-High81.40
  • Projection75.69

Supports and Resistance levels

  • Support 176.60
  • Support 274.95
  • Resistance 180.65
  • Resistance 283.05
  • Pivot79.00