🔹 The ASI Index remains in a strong uptrend, with bullish momentum pushing prices towards major resistance zones.
Key Levels to Watch:
✅ Resistance:
17,837 → 1.618 Fibonacci Extension and a critical resistance level.
17,093 - 17,092 → Short-term resistance before Fib extension.
🔻 Support:
16,728 → Key support if ASI pulls back.
16,242 - 15,523 → Major demand zones.
📈 Bullish Scenario:
If 17,837 is broken with volume, ASI could continue its rally towards new highs.
📉 Bearish Scenario:
Failure to break resistance may lead to a pullback towards 16,728 or lower support levels.
📝 Conclusion:
ASI remains bullish, but traders should watch for reactions at resistance levels.
A breakout above 17,837 would confirm further upside, while a pullback would provide potential re-entry zones.
💬 Let me know your thoughts in the comments! 👇
#CSE #ASI #SriLankaStocks #StockMarket #TradingView
Key Levels to Watch:
✅ Resistance:
17,837 → 1.618 Fibonacci Extension and a critical resistance level.
17,093 - 17,092 → Short-term resistance before Fib extension.
🔻 Support:
16,728 → Key support if ASI pulls back.
16,242 - 15,523 → Major demand zones.
📈 Bullish Scenario:
If 17,837 is broken with volume, ASI could continue its rally towards new highs.
📉 Bearish Scenario:
Failure to break resistance may lead to a pullback towards 16,728 or lower support levels.
📝 Conclusion:
ASI remains bullish, but traders should watch for reactions at resistance levels.
A breakout above 17,837 would confirm further upside, while a pullback would provide potential re-entry zones.
💬 Let me know your thoughts in the comments! 👇
#CSE #ASI #SriLankaStocks #StockMarket #TradingView
액티브 트레이드
ASI should protect 16300 level. If not, we will see downtrend for another few months.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.