BOVESPA BRAZIL S.A. MARKET INDEX LIVE REAL TIME TIPS TARGETS

UPDATE AS ON 17 AUGUST 2020 
 

BOVESPA BRAZIL S.A. MARKET INDEX : CLOSED AT 101354

 

99775 and 101716 is the first trading range for now for this index. And it will keep on trading within this range for now. Breaking this range from either side will decide the next move.

If it will break 99772 on closing basis than panic will be seen till 98808 followed by 97398, and from there we can see recovery as well. 96408 is the SL for any buying from 97398

Once it close above 101716, it will sharply rise to 102292 and more as well. If it will close also above 102292 than starlight away target is 107758

Remember that profit booking will be also seen at each and every rise


GOOD LUCK :)

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