NFLX Chart Analysis

• Read description from charts. please click to expand.
• MSFT TRIANGLE UPDATED
  

MSFT Triangle update

• MSFT has given a breakout above the triangle pattern. But there is not dramatic increase in volume. Price is moving into resistance band. If it sustains above 27.50 with volumes then this up move will continue 29 levels and above. Getting resisted at 27.50 levels may result in a correction.

Nifty intraday Update

• Nifty 15 Minutes with support and resistance levels.
• 2nd chart nifty Hour chart with 200 Hour sma as resistance level.
• Description in chart please click to expand. 

Triangle breakout TATA MOTORS

• Tata motors has given a breakout from the triangle pattern which was SHOWN IN THIS POST.
• Price has also give a breakout above 200 SMA.
• Price has given good up move from the breakout level, Now it is testing the resistance line of a bigger pattern. For continuing the up move this resistance line too has to be broken and closed above.

QQQ Support and Resistance levels

• QQQ Triangle shown in four hour chart with resistance levels.
• 100 Period SMA shown in 2nd chart may act as support in case of a correction.

SLV Resistance line

• SLV Four hour chart shows a possible resistance line.
• Price is also near 38.2% and 50% Fib levels.
• For a bigger up move to happen price has to sustain above the resistance line and 50% Fib level.
• S&P ANALYSIS AFTER CLOSING BELL
  

MICROSOFT Near Triangle Resistance line

• Microsoft Testing the resistance line of the triangle pattern
• Daily chart is shown with volume.
• A Bullish candle with volume spike at this stage can give an extended up move for MSFT.
• Bearish candle at the resistance line with Volume spike will favor bears for a correction towards the support line of the triangle pattern.
• S&P ANALYSIS AFTER CLOSING BELL