Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 27, 2015
APPLE chart analysis
Apple week shows price continues to move inside the right shoulder of a bearish head and shoulders pattern.
4 Hour chart shows price getting resisted at 200 SMA. Bulls need to keep price above 117 and 119 levels to avoid bigger corrections from happening.
Bank nifty chart analysis
Bank nifty daily has given a bearish engulfing pattern at the golden ratio. Bears need further confirmation with another bearish candle with good volumes to confirm the engulfing pattern.
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