- Apple Four hour chart is showing a triangle pattern.
- Daily Time frame is showing a trading range from 324 - 364.
- Breakdown of triangle can bring stock to 324 and If it is a breakout we may see 364 levels again.
- CRUDE OIL ABOVE RESISTANCE LINE
April 4, 2011
- Bank nifty daily chart is showing weakness for the last two days.
- In case the correction gets extended, Good supports exists between 11100 - 11150 band.
- Correction was followed by a slight negative divergence in MACD indicator.
- Effects of death cross still exists, If BN falls below 200 and 50 DMA again we may see a deeper correction.
- PRICE AND VOLUME BREAKOUT - LIC HOUSING FIN
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