DJI - Dow Jones Industrial Index by KRS Charts 16th October / 6:58 PM IST
What is next possible Move for DJI ❓Technically.
1️⃣ As we can see, DJI is in HHs and HLs upside trend. With recent high small Flag Target is achieved so profit booking is expected. ✅
2️⃣ Along with it, Index is above 100EMA again bullish trend it confirms. View wise Market is Bullish and new upside Target can unlock after its breakout from above Red Resistance zone as we can see in Chart.
3️⃣ In case of correction all the supports are marked in Charts will possibly help market to Bounce back from those levels.
4️⃣ Despite of all lower support my view on DJI will stay Bullish until it will break Green Support Zones and stay underneath of 100 EMA ⚠️⚠️
