- Apple 30 Minutes has closed below the cloud.
- Fall started from daily cloud is testing 100 Day SMA. Closing below 100 SMA may extend the fall towards 515 levels.
- APPLE BEARISH GRAVESTONE DOJI
February 20, 2014
- Bank Nifty Weekly chart shows stochastic reaching oversold zone. No reversal confirmed yet.
- Daily chart is testing falling resistance line. Bulls must trade above this line.
- Weekly chart also shows weakness at cloud. Bulls should do a cloud breakout for a bigger up move to happen.
- Weakness at the falling resistance line will favor BN Bears.
- AXIS Bank Falling Wedge breakout and Resistance levels
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