January 18, 2013
- STAPLES Chart violating the falling resistance line.
- Price has managed to move above 200 SMA. Sustaining above this level should lead Staples to newer high's.
- Next resistance is seen at the weekly cloud. A change of trend will be possible only on trading above the weekly cloud.
- GLD CHART UPDATE
4 HOUR CHART
5 MINUTES CHART
- Nifty 4 Hour chart shows price testing a resistance line. Bulls need price to sustain above this line to continue the up move. Weakness here may result in a correction towards the bottom of the channel.
- 5 Minutes chart shown with crucial levels for the day.
- M&M Weekly sell signal
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