FTSE 100 may rise to 8495.00 - 8610.00

Pivot

8310.00

Our preference

Long positions above 8310.00 with targets at 8495.00 & 8610.00 in extension.

Alternative scenario

Below 8310.00 look for further downside with 8200.00 & 8125.00 as targets.

Comment

Investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances

8700.00

8610.00

8495.00

8442.66 Last

8310.00

8200.00

8125.00

Number of asterisks represents the strength of support and resistance levels.