While back I have posted my gut feelings before CSE start reaching to its recent high 7644 on April, 2021. Today CSE broke that ad went up to 7659.
Now it's high time to check whether 7600 to be solid support. Previous time it was too rush to gain the phase, but this time we have seen gradual increments and appreciation of solid counters and less insane rallies except for one or two counters. That's a good point. Given the fact that most of the industries are doing well despite the COVID, GSP+, etc. there is no reason for the market to fall down again. Saying that it is crucial timely profit takings and intervals in between. I believe the market correction is beautifully done and it's heading towards 8000 this time. The picture shows the way I see it, the market is in line with the yellow line. If there aren't any disasters, the market will head towards 8000 without any problem.