Weekly forecast, August 10 - 14

Uptrend

An uptrend will start as soon, as the market rises above resistance level 870, which will be followed by moving up to resistance level 883 and 908.

Downtrend

The downtrend may be expected to continue, while market is trading below resistance level 870, which will be followed by reaching support level 854.

Quarterly forecast, July - September 2020

Uptrend

The uptrend may be expected to continue, while the market is trading above support level 854, which will be followed by reaching resistance level 904 - 941 and if it keeps on moving up above that level, we may expect the market to reach resistance level 997.

Downtrend

A downtrend will start as soon, as the market drops below support level 854, which will be followed by moving down to support level 816.

Stocks