- Intel daily, Weekly and Month time frames are testing crucial resistance line.
- Week closing above 38.45 will favour bulls for a major breakout.
- Weakness on week closing below 36 levels.
- TESLA Weekend Update
- SILVER Weekend Update
- RUSSELL 2000 BROADENING TOP
- GOLD Weekend update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 30, 2017
INTEL Day Week and Month at resistance line
ES Analysis before opening bell
- ES 4 hour chart shows price nearing previous resistance line which may act as support
- 38.2% and 2280 level is the immediate level for bulls to defend.
- If falls below 2280 Price may target 2277 and 2272 levels.
- GOOGLE Weekend update
- TESLA Weekend Update
- SILVER Weekend Update
- RUSSELL 2000 BROADENING TOP
- GOLD Weekend update
NIFTY Intraday update
- Nifty 15 Minutes nearing the cloud. When the trend is strong cloud in this time frame usually acts as support.
- One hour chart shows a Bearish candle at the top and the current move against the trend happening. Bulls will remain strong above 8600 levels.
- Last is the 5 minutes time frame which shows crucial levels for the Day.
- ICICI Bank Price Volume Action
NIFTY Morning update
- Nifty month closing above or near November month candle high's will keep the bullishness intact. This can also complete a possible morning start pattern Although this is not the appropriate place for the pattern It shows further bullish possibility.
- But one warning for Bulls is the Overbought RSI in daily time frame. So further bullish bet from here would be risky one.
- ICICI Bank Price Volume increase before quarterly results.
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