1. The index is trading above the 200 Moving average in the 45 minutes price chart
2. It's been trading in an upward price channel since the beginning of Feb 2018
3. Had three fail attempts within the past five trading session to break above the resistance trendline marked in red
4. Closed the last trading session 23-2-2018 around the same breakout point.
5 A break above the current resistance trendline could see the index price head towards 7484 resistance price point.
2. It's been trading in an upward price channel since the beginning of Feb 2018
3. Had three fail attempts within the past five trading session to break above the resistance trendline marked in red
4. Closed the last trading session 23-2-2018 around the same breakout point.
5 A break above the current resistance trendline could see the index price head towards 7484 resistance price point.