On October 17, after reaching the long-term channel ceiling of 8,450,000 units, it experienced a negative divergence between the trend and the RSI indicator, and weakness was revealed in the entire market. The reason for the continuation of the correction process was also added to news such as the decrease in the profit of the refining group. Now, considering the first support around 7 million 600 to 7 million 500 thousand units and the saturation state in the indicators, there is a possibility of a temporary upward yield in the general market, which can be considered as wave B. According to the diagram, after this stage there is a possibility of another correction in the form of wave C up to about 7 million units, at which stage the response of the index must be awaited./ Parviz Khalgi.

On October 17, after reaching the long-term channel ceiling of 8,450,000 units, it experienced a negative divergence between the trend and the RSI indicator, and weakness was revealed in the entire market. The reason for the continuation of the correction process was also added to news such as the decrease in the profit of the refining group. Now, considering the first support around 7 million 600 to 7 million 500 thousand units and the saturation state in the indicators, there is a possibility of a temporary upward yield in the general market, which can be considered as wave B. According to the diagram, after this stage there is a possibility of another correction in the form of wave C up to about 7 million units, at which stage the response of the index must be awaited./ Parviz Khalgi.