Trend Status Summary
Trend Status Current Forecast
MT trend Bullish Bullish
ST trend Bullish Bullish
Previous Session Highlights
The market started off this week on a positive
note as the bulls reveal more buying interest. As
a result, the CASE30 closed at 10,803, while
volumes reached 32.3 million shares
Update on Expected Scenario
We continue to believe that the CASE30 index is
on its way to a recovery. We expect the recovery
to take the index up to the 11,100 – 11,300
range, at which the market may find some profit
taking activity.
Update on Suggested Trading Tactic
Accordingly, we advise those who have already
realized some of their short term profits to hold
remaining portions of their current positions.
Source HC Brokerage
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