- SPY One hour chart rising from 200 Hour SMA is approaching the falling resistance line, 50 Hour SMA and Hourly cloud, Multiple resistances may lead to a reversal.
- BULLISH ENGULFING COCA COLA
June 4, 2013
- Nifty one hour chart with fib resistance levels.
- Second chart shows price below 50 and 200 Hour SMA Which may act as resistance levels on up moves.
- Last chart shows crucial support line in two hour time frame which has to break for the down move to continue. For now price is trying a bounce from the support line.
- BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME