July 26, 2016

CRUDE Oil chart update

  • Crude oil 30 Minutes trending below the cloud. Crude bears will remain strong below the cloud. Daily chart shows possible support at 41.95 levels and 200 Day SMA.

Nifty chart update

  • Nifty breaks out of the range But price moving into previous resistance zone in weekly time frame. Bulls moved sideways for a while and the up trend is extending. Price yet to confirm weakness.