- ES 4 Hour chart shows price falling below crucial support resistance zone. This zone and the 23.6% Fib level shown in chart 2 will act as immediate resistance zone. Support is seen at 50 Day SMA and 50% Retrace zone.
May 27, 2015
ES Chart update
Nifty chart analysis
- Nifty is showing weakness from 50 Day SMA. Immediate support levels are shown for this correction. Close below 20 SMA may extend the fall.
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