Nifty futures chart with support and resistance line

UPDATED CHART

• Nifty futures trading close to an important support line.
• One should watch how the index is reacting from this support area.
• If it gives support a good run towards the high of the day can be expected.

NIFTY Futures with ichimoku cloud

• Nifty futures 30 minutes chart
• The last buy signal given by the ichimoku cloud has given great profits.
• Now the cloud will act as support in dips.
• The weakness may emerge if the price closes below the cloud

Nifty futures chart with gap area

• Nifty futures chart with yesterday's gap created at the opening.
• Now any move into the gap should be negative and the index may try to fill the gap
• As nifty is still in up trend and price staying above 5300 the index may take a u turn any movement.
• Look for supports close to 5300 in nifty spot for buying. When i mean support nifty should hold 5280 and 5300 for an hour at least

Dow jones analysis after closing bell.

• Dow jones also had a negative day.
• Dow jones was stopped by the 50 day moving average
• After gaping up above the 50% retracement level. Dow jones did not close above 50% level.

SP 500 Analysis after closing bell

• A negative day denoted by the Bearish engulfing on chart.
• The 50% retracement too acted as resistance for this index.
• It is just about holding on to the 200 day moving average.
• The 20 day moving average is below the 200 day moving average which is a negative setup.
• The hourly channel shown above has broken and closed below the trend line.

Dow jones broadening formation

• Dow has formed a broadening formation in 10 minutes chart
• Lets see if this pattern gives support for dow.

UPDATED CHART

• SUPPORT LINE BROKEN
• 10430-10460 IS THE NEXT SUPPORT ZONE

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Dow jones channel with fifty ema

UPDATED CHART

• SUPPORT LINE BROKEN
• 10430-10460 IS THE NEXT SUPPORT ZONE

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• This is a 10 minutes chart of dow jones. 
• I have plotted 50 EMA in the 10 minutes chart.
• Now before the closing bell this 50 EMA may act as a support for a rally towards the high of the day.
• There is a support line and a resistance line drawn in the chart.
• Right now 50 ema is giving support. If the ema gives support along with support line below the ema we may see a rally before closing bell today.
• On the contrary if the support line gets broken we may end lower.