The index fell, but the support did not break

According to Tejarat News, today the market trend was according to forecasts; The index fell But the stock market did not enter the range of 1 million 400 thousand units.

Today, the total index of the Tehran Stock Exchange experienced a drop of 8 thousand points without entering the lower range. Today, Wednesday, July 15, 1401 figures of one million and 502 thousand units were registered on the stock market for the total index. A drop of 8,477 units caused the total index to be on the edge of the precipice to the lower channel once again.

The equal weight index also recorded a drop of more than two thousand units, following the total index. This component was also stabilized in the range of 418 thousand units. The value of transactions also decreased alarmingly and once again put shareholders into the “parking” phase.

The index fell, but the support did not break

According to many experts, market manipulation is done in such a way that the total index does not enter the range of one million and 400 thousand units. Forecasts also expected the same situation for the market from the trend of the Tehran Stock Exchange on the weekend. In fact, this forecast was based on the behavior of index shares. In such a way that the analysts believed that the total index will not fall below the range of one and a half million units under any circumstances.

In fact, the government somehow prevents the total index from falling by strengthening some large and influential shares of the market. Many believe that the government has set the index of one and a half million units as a psychological limit for the market. This policy was adopted to prevent shareholders from protesting and it seems that there is a very strong will to prevent the index from falling. Therefore, and according to many experts, the trend that the shareholders witnessed this week in the stock market will be repeated next week as well.