January 30, 2013

APPLE Chart update


  • First chart of Apple shows the GAP as resistance. Partial fading of GAP is possible on price trading above 465 levels.
  • Broken 100 Week SMA and Weekly cloud are stiff resistance levels on weekly chart.
  • Last chart shows the Descending channel staying inside which apple will continue to move in favor of bears. Bulls need to break above the channel resistance line for a meaningful bounce to happen.
  • FACEBOOK NEGATIVE DIVERGENCE AND SUPPORT LEVELS
  • SPX ANALYSIS AFTER CLOSING BELL
-->

1 comment:

  1. NIFTY 30-Jan-2013
    Current Market Situation :

    NIFTY current close : 6056
    NIFTY resistance level : 6158
    NIFTY support level : 5912
    NIFTY sentiment : positive
    NIFTY dominant cycle period : 18 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 6081
    NIFTY intraday resistance 2 : 6110
    NIFTY intraday resistance 3 : 6153

    NIFTY intraday support 1 : 6030
    NIFTY intraday support 2 : 6001
    NIFTY intraday support 3 : 5959

    for more log onto
    http://marketsquantified.blogspot.in

    ReplyDelete