Short positions below 28910.00 with targets at 28455.00 & 28275.00 in extension.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Rise |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) |
Bullish |
Change In Medium Term View | None |
Pivot: 28910.00
Our preference: short positions below 28910.00 with targets at 28455.00 & 28275.00 in extension.
Alternative scenario: above 28910.00 look for further upside with 29140.00 & 29300.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
While reasonable efforts have been taken to ensure that the calculations performed by the features of this site are reliable, the features are provided on the basis that:-