Stock Exchange Forecast Tomorrow, April 20 / How Long Will the Stock Exchange Grow?

According to Tejarat News, Exchange Yesterday, it had a growth of 1.8 percent and finally reached the level of one million and 501 thousand units.

Today, the largest inflows of real money into the market occurred in three groups of chemical products, multidisciplinary industrial companies and investments. Legal entities also bought shares in the transport, warehousing and communications, insurance and pension groups.

Will the stock market rise?

“Tomorrow the stock market is bullish,” Vahid Nekouei, a capital market expert, told Tejarat News. But we will probably have offers on the market that are not a cause for concern.

He explains: As it was predicted, the total index and the weighted index did not work hard to defeat the important resistances of 1,490,390,000 units. Today, the total index grew by 26,000 positive or 1.81 percent and the homogeneous index by 6,700 units or 1.73 percent.

Nekouei continues: It is expected that the supply will increase slightly in the coming days. Also, the stock market will gain new strength to reach its new levels. This correction can be in the amount of pull back or return to the range of 1490 and 390, ie the previous resistances.

“But the overall stock market trend is still bullish,” he said. The total index is expected to move first to the range of 1,540,000 and then to 580,000, which is the next resistance. As a result, there is nothing to worry about in the market. Currently, the petrochemical group is the market with the highest amount of real money.