November 27, 2012

 
 
  • ES Bulls unable to break above 50 Day SMA.
  • Unable to breakout above the daily cloud may resume the fall.
  • Broken 23.6% Fib level too may act as resistance.

 
 


 
  • Rcom has resistance at 69 and 72.
  • 69 is the 200 Day SMA. 72 level is a previous resistance level. 
  • Price is trying to stay above its long term down trend line. Sustaining above the mentioned resistance levels may give a bigger up move.
  • RCOM INTRADAY 5 MINUTES LIVE CHART WITH AUTO REFRESH

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