The latest situation in Borsa Istanbul: What’s going on in the markets?
Borsa İstanbul started to exhibit a downward trend after a short time. Those who walked away with panic sales were replaced by those who bought shares at low prices. Thus, Borsa İstanbul started to operate once again as the pier of ascension. While Borsa İstanbul rose in the last 3 trading days, Borsa İstanbul, which started with the rising of the sun, started to collect its premiums at noon. Experts, who revealed the possibility of a moderate rise in exchange rates, said that this would not have an impact on economic activity.
“5330 RESISTANCE IS IMPORTANT FOR BIST”
Ata Domestic Markets manager Şükrü Cem Kaya pointed out that Borsa İstanbul rose with a reaction movement after the harsh side of the wave. To be able to follow the trend within. As long as this level cannot be exceeded, our support levels will be 5080-5050-4950 on the agenda,” he said.
“BIST CAN REACH 8 THOUSAND POINTS”
Ayşin Erdem, Chairman of the Board of Dynamic Investment Securities, stated that there is no alternative to the base brought by Borsa İstanbul and that the index continues to rise as long as this picture does not deteriorate, “In the first weeks of 2023, the profit sales in Borsa İstanbul, which reached its historical peak with 5,704, fell back as much as 4,601 regions. In Borsa Istanbul, which continues to rise to the level of 4.601, the resistance level of 5.500 can be targeted as long as it remains above the psychological level of 5,000 points.