ASI

This chart and analysis are not financial advice. Do your own research before trading or investing.

The market index concluded the session within the support range of 10800-10875, with the 10-day moving average (DMA) situated in this zone as well. Sustaining this level is crucial, as a failure to do so may lead the index to descend towards the 10450-10550 range. However, before reaching this lower range, the index is anticipated to find support from the trend line.

Regarding the Relative Strength Index (RSI) indicator, the second trend line (TL #2) was breached to the upside during the session, but by the end of the day, the index failed to maintain this level.

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