March 28, 2013

GOOGLE Chart analysis

 
  • Google Hour falls below 50 and 200 Hour SMA.
  • Daily chart is testing 23.6% Fib level and 50 Day SMA.
  • An oversold bounce looks likely from the current levels. Daily close below 50 SMA will extend the fall. 
  • APPLE CHART ANALYSIS
-->

APPLE Chart analysis

 
  • Apple hour breaking below 200 Hour SMA.
  • Price testing Hourly cloud.
  • Sustaining below the cloud and 200 SMA will favor bears to extend the fall.


ES Chart update

 
  • ES Testing the selling zone.
  • Rising support levels may lead to a breakout in favor of bulls.
  • Bears need a close below 100 period SMA for a breakdown in their favor

FACEBOOK Chart update

 
  • First chart shows price moving up towards the falling resistance line.
  • Price has managed to comeback above the 200 Day SMA.
  • Last chart shows the Bullish falling wedge pattern with immediate target of 20 Day SMA which may also coincide with the falling resistance line shown in first chart. For a big up move price must close above 20 SMA and the falling resistance line.

LARSEN & TOUBRO intraday update


  • LT Moving towards crucial support level of 1307.
  • Price has violated a crucial rising support line in weekly chart.
  • Breaking below 1307 price could test the Golden ratio at 1256 levels.
  • Taking support at 1307 may lead to a bounce towards 1400 again.
  • SBI HEAD AND SHOULDERS PATTERN
-->

EURUSD Support and Resistance levels


  • EURUSD Daily chart shows price breaking crucial support levels. Price is moving away from 200 Day SMA. 
  • Next support levels are 1.2660 and the Golden ratio.
  • Broken 200 SMA will act as immediate resistance level.


APPLE Chart update

 
  • APPLE Daily chart unable to enter the cloud. Price shows weakness near the cloud.
  • Daily chart has gone back below 50 Day SMA. Hourly chart is also trading below 50 Hour sma..
  • Daily close below 50 Day SMA may extend gains for Apple bears.
  • FACEBOOK FALLING WEDGE PATTERN
-->

FACEBOOK Falling wedge update


  • Facebook one hour chart shows a bullish falling wedge breakout.
  • Price has moved above 50 Hour SMA.
  • Target for the current up move could be the resistance line shown in 4 Hour chart.