Our pivot point stands at 72200.
Our preference
Eye 53670.
Alternative scenario
Above 72200, look for 79380 and 83650.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is below its 20 period moving average (68226) but above its 50 period moving average (66251).
Supports and resistances
83650 **
79380 *
72200 **
69380
66557 last
57940
53670 **
49400 *
45130 **
Number of asterisks represents the strength of support and resistance levels.


