BANK Nifty Chart Analysis

• Multiple support levels near 10000. Bulls must hope this zone holds for a trading bounce to happen. Breaking this level on closing basis will further weaken the Bulls of BN.
• CRUDE Oil trend update

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ES Head and Shoulders

• ES 4 Hour chart shows a possible head and shoulders pattern which needs price to sustain below the shaded area and 100 period SMA for doing well.
• One hour chart shows price getting resisted at 38.2% Fib level and Crucial moving averages like 50 and 200 period SMA.
• 1686 level or the Neck line of the pattern may also act as support to invalidate the bearish pattern.
• CRUDE Oil trend update

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CRUDE Oil trend update

• Crude oil 30 Minutes chart shows price trending down below the cloud.
• Daily chart shows price testing crucial support zone. Down move shown in first chart will extend only on closing the day below 102 levels.