FACEBOOK Support and Resistance levels

 

• One hour chart shows price below 50 Hour SMA.
• 30 Minutes cloud and Golden ratio are also resistance levels.
• Hour closing below 78.6% Fib level will extend the fall.

ES Support and Resistance levels

 

• ES one hour chart with crucial support and resistance lines.
• Second chart shows price continues to break upwards which is likely to continue.

DLF Chart analysis

 

• DLF Resistance levels at 50 Day SMA and 5 Week High EMA.
• Hour chart is showing weakness.
• Unable to cross 5 Week High EMA may give a fall towards the range bottom which is at 227 - 228 area.

GOOGLE Bearish candlestick patterns

 

 

• Google daily and hourly charts has prominent Bearish candlestick pattern.
• Two Dark cloud cover patterns marked in daily time frame. Hour chart shows a bearish engulfing pattern.
• Price closing the hourly GAP and closing below the 50 hoiur SMA or up trend line may give a meaningful correction.

Bank of America Broadening pattern

• First chart shows broadening pattern in daily time frame. Price pausing at the resistance line
• Hour chart shown with 50 Hour SMA. Price falling from the resistance line and closing below 50 Hour SMA at this stage may give a bigger correction as shown in the chart.
• Price sustaining above 13.55 will negate the bearish scenario discussed above.