- Apple one hour chart shows up trend lines and Ichimoku cloud as Immediate support levels.
- 100 Hour SMA is acting as immediate resistance levels.
- APPLE IN A DIAMOND PATTERN
May 28, 2013
- NIFTY Daily chart shows price taking support at 38.2% Fib level and closing the day back above 23.6% Fib level.
- Hourly chart shows possibility of a head and shoulders pattern which will work only if this up move is limited to 6115 - 6120 levels, Anything above that may lead to 6229 levels for a range bound move as shown in last chart.
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