September 17, 2012

 
  • Citigroup Daily chart shows weakness near 78.6% Fib level
  • One hour chart shows price above the up trend line. Breaking below this line will confirm weakness in hour chart.
  • Up trend is safe above the one hour cloud.
  • FORD MOTOR WEEKLY BUY SIGNAL

  • ES Four hour chart with the up trend line.
  • Price falling below 50 Hour SMA may give a correction towards the Up trend line drawn in first chart.
  • FACEBOOK RESISTANCE LEVELS
-->

 
  • Price nearing 50 SMA.
  • Resistance level between 22.45 AND 50 sma AT 23.
  • GAP between 24.52 and 26.70 will act as stiff resistance levels along with the daily cloud. A complete turnaround for the stock possible only on trading above the daily cloud.
  • FORD MOTOR WEEKLY BUY SIGNAL


 
  • Ford motor daily chart shows price moving towards 200 Day SMA Which is around 10.95.
  • Weekly chart shows price near a falling resistance line.
  • Weekly chart also shows MACD Buy signal which will gain strength on crossing 50 Week SMA.
  • BANK OF AMERICA WEEKEND UPDATE
-->



  • Golden ratio in weekly chart near 5646.
  • Daily chart has a failed Golden cross and Death cross and the current Golden cross is doing well.
  • Sustaining within the channel shown in last chart will keep the Golden cross intact.
  • BANK NIFTY WEEKEND UPDATE
-->

Disclaimer

All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.

Followers

Blog Archive

Powered by Blogger.

My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore