April 8, 2014

  • Bank of america Weekly and daily chart testing crucial support levels.
  • ES Chart update

  • ES 4 hour chart shows price pausing at the support zone.
  • Bigger bounce will be possible only if price stays above 50 Hour SMA.
  • SPY Daily chart testing crucial support zone and Moving averages like 50 and 100 Day SMA. For bulls of spy price should stay above this level to avoid a bigger fall.


All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.


Blog Archive

Powered by Blogger.

My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore