In previous update on 14 Sept, mentioned 16647_16658 as TREND REVERSAL LEVEL. Exact low of 16647 done & reversed. Next criteria was DCB above 18097 for invalidating series of LH_LL where DCB above 18097 done & moved up 400 points from there to 18505 so far.
Over Head Resistances - 18486 / 18599
Supports - 18350 / 18255 / 18097
DCB above 18599 will be a Break Out but buy in dips in the range of 17500_17800 will be good for ATH (All Time High).
Will do fresh chart analysis for next moves.
Previous analysis link (14 Sept) is attached below for reference.
Over Head Resistances - 18486 / 18599
Supports - 18350 / 18255 / 18097
DCB above 18599 will be a Break Out but buy in dips in the range of 17500_17800 will be good for ATH (All Time High).
Will do fresh chart analysis for next moves.
Previous analysis link (14 Sept) is attached below for reference.
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SGX NIFTY
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