November 27, 2012

ES Chart update

 
 
  • 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.

CNX IT Chart analysis

 
 


RELIANCE Communication chart analysis

 
  • 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