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Bulls buy the dip with 9785 possible | 9809 above | 9681 9630 support

Nick@ht-admin
#1 · 31st October 2025, 10:49 am

Technical analysis for 31st October 2025

A decent bounce for our long from the  9690 level yesterday, with the bears failing to build on the drop off 9750. The bulls however managed to regain control and take it back towards 9770. That bullishness should continue into this morning and a rise again to test the 9780 area which is the recent high. If the bulls manage to break above 9794 R1 then we should see a test of the 9820 area which is both daily resistance and R2. A decent shorting level ahead of the weekend if seen.

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Last edited on 31st October 2025, 10:51 am by Nick