ES Update

• ES Four hour chart managed to get back above the support line.
• Staying above this support level will favor bulls.
• Price also took support at 100 Hour SMA. 
• For bears price has to close below the support line and 100 Period SMA.

ES Four hour chart analysis

• ES Testing 100 Hour SMA and the Cloud.
• Bears need a close below the cloud to extend correction.
• EURUSD TREND UPDATE
  

EURUSD Trend update

• EURUSD Getting resisted at the cloud.
• price has fallen towards 50 Day SMA which may act as support.
• Price sustaining below 50 Day SMA will favor bearish trades in EURUSD pair.
• ES HOUR CHART ANALYSIS
  

ES Chart Analysis

• ES One hour sustaining below 200 Hour SMA will favor bears.
• One hour chart in bulls has a falling wedge pattern.
• Price in four hour chart is at a support line breaking which will strengthen bears.

Nifty intraday Update

• Price falling towards 50 Hour SMA. Price getting support there might result in an up move.
• As of now daily chart shows a perfect setup for the hanging man. But an intraday up move may spoil the setup for bears.
• MCX GOLD NEAR RESISTANCE LEVELS
  

TATA STEEL Resistance levels

• Tata steel moving towards the resistance line of a broadening pattern.
• Till now the support and resistance lines of this pattern has held well as shown in the second chart.
• Resistance line is expected to hold this up move. But momentum is with bulls which may lead to a breakout and test of 200 SMA.
• BANK NIFTY WEEKEND UPDATE
  
• NIFTY WEEKEND UPDATE
  
• MCX COPPER WEEKEND UPDATE
  

SBI Chart Analysis

• SBI is trying to break the Weekly channel resistance line.
• Daily is also testing 200 Day SMA. Price is showing some weakness here. We might see a consolidation here before the next big direction. Price closing above 200 SMA will be positive for bulls to extend this up move. For bears they should get closing below 10 Day EMA or 20 Day SMA.
• BANK NIFTY WEEKEND UPDATE
  
• NIFTY WEEKEND UPDATE
  
• MCX COPPER WEEKEND UPDATE