Stock market forecast for the third week of Khordad (infographic) – Tejaratnews
What path will the stock market follow in the coming week? This is the question that capital market activists ask themselves. From the middle of May onwards, the stock market has not started a powerful movement and therefore the hopes for the revival of the market are decreasing.
According to Tejarat News, the Tehran Stock Exchange traveled on a fluctuating path in the second week of June and experienced a significant decrease in the value of transactions. So that the average value of small transactions this week was less than 10 thousand billion tomans. This trend indicates a decrease in the number of transactions and the reluctance of shareholders to enter into transactions.
In a conversation with TejaratNews, capital market experts have predicted the direction of the stock market in the coming week. A week that has given traders only three days to trade.
The forecast of stock market analysts is generally based on the balance of the market during the three trading days of the coming week. Some experts even state that this balanced process will tend more towards the negative side. Payam Eliaskordi and Bahman Fallah are supporters of this theory.
At the same time, experts say that during this week, Riyal shares will receive more attention than other shares; At the same time, Barzo Hagheshane sees index-making stocks increasing this week. According to Qataba’s comments this week, single stocks can satisfy investors with trades.
It should be mentioned that last week, despite the bearishness of the general market, some shares were able to behave contrary to the stock market indicators and increase their value to some extent. But in the meantime, “Votuska” was able to register a growth of more than 38% this week.
The symbol of Saman was able to pull its blanket out of the water and give the shareholders a 28% growth in this red market. The technical analysis of the share shows that the levels of 27 thousand 790 and 46 thousand 470 rials are the most important support and resistance for the share.
Read
The JCPOA signal took the life of the dollar
A look at the stock market transactions in the second week of June shows that the general stock market fluctuated on the negative side. Of course, Khansir recorded the worst performance among red market shares with a 20% drop and reached 1,603 Tomans.
The level of 1,541 Tomans is the most important support identified for the share to prevent further decline in the value of Khansir shares. Thepardis and Fepenta were also down about 18% and moved closer to their support.
Read more reports on the stock news page.