PRICE AND TURNOVER
Close: 2,540.81
Change: 28.09(1.12%)
Value: 1,748,858,000
MARKET BREADTH
Net Advancing Issues: 14
Net Up Volume: 60,874,630
Net Foreign Buying: -282,815,486
TRENDS
* UNDEFINED PRIMARY TREND | Declining wave | Prior support 2034 | Prior resistance 3896
* INTERMEDIATE DOWNTREND | Directional wave | Prior support 2289 | Prior resistance 2903
* SHORT TERM PROVISIONAL UPTREND | Directional wave| Prior support 2372 | Prior resistance 2650
TECHNICAL ANALYSIS
The index is in a provisional minor uptrend which for now is viewed as a technical correction to the larger intermediate downtrend. Resistance is likely at or near the intermediate trendline and/or prior resistance of 2650 in the minor trend.
Close: 2,540.81
Change: 28.09(1.12%)
Value: 1,748,858,000
MARKET BREADTH
Net Advancing Issues: 14
Net Up Volume: 60,874,630
Net Foreign Buying: -282,815,486
TRENDS
* UNDEFINED PRIMARY TREND | Declining wave | Prior support 2034 | Prior resistance 3896
* INTERMEDIATE DOWNTREND | Directional wave | Prior support 2289 | Prior resistance 2903
* SHORT TERM PROVISIONAL UPTREND | Directional wave| Prior support 2372 | Prior resistance 2650
TECHNICAL ANALYSIS
The index is in a provisional minor uptrend which for now is viewed as a technical correction to the larger intermediate downtrend. Resistance is likely at or near the intermediate trendline and/or prior resistance of 2650 in the minor trend.
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