Current Trend : Uptrend
Support 1 : 1320
Support 2 : 1303
Resistance 1 : 1341
Resistance 2 : 1350
Observation : The general indication right now is that the market is bullish because of the formation of higher highs and higher lows since the past few weeks. But since the last week, the index is hanging at the 1320 region. With volume that keeps decreasing, it is not a really good sign.
However, there are some individual stocks that perform very well since the last week. So, it is not impossible for us to find gem stocks during this volatile period. To push the index higher, we need more volume!
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