BIST100 Technical Analysis
The BIST 100 index, which started the week on a buying note and maintained its strong appearance throughout the day, ended the day at 8486.96 with a gain of 1.82%.
The BIST 100 index, which started the week on a buying note and maintained its strong appearance throughout the day, ended the day at 8486.96 with a gain of 1.82%.
The continuation of the purchases that were effective on Friday, along with an increase in volume, supports the positive outlook of overcoming the 8400 level.
Furthermore, from a technical perspective, we can also consider the recent transition of the MACD, which has been in a selling position, to a buying position as another positive development.
We expect the index to start the day with buying, and now we will follow the level of 8403 as the first support level. Positions can be increased above the level of 8403.
We anticipate the continuation of the strong outlook as long as it stays above 8403.
In movements above 8403, we will also follow the levels of 8600 and 8770 as short-term resistances.
Source: A1 Capital
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