Support Levels: 1. 44153: This is the initial support level. If the market opens above this level, it could find support around here. 2. 44000: Another support level to monitor. 3. 43800: This is an additional support level.
Resistance Levels: 1. 44300: This is the first resistance level. If the market sustains above 44300, it may indicate a potential upside move. 2. 44400: Another resistance level to watch for.
Important Notes: - As with any trading, it's essential to consider other factors such as news events, economic data, and global events that can influence the market. - Market conditions can change rapidly, so having a well-defined trading strategy and using risk management tools, like stop-loss orders, is crucial to manage potential losses. - Pay attention to price action and technical indicators to confirm potential breakouts and reversals.
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