August 5, 2013

BLACKBERRY Resistance levels


  • Immediate resistance levels for blackberry in Four hour and one hour chart.



ES Chart analysis

 
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NIFTY Support levels



  • Nifty line chart shows price nearing crucial up trend line.
  • Weekly fib levels shows price moving towards 38.2% Fib level which has acted as crucial support resistance level in the past
  • 2nd chart shows price contraction in a triangle like pattern. This chart shows immediate support line which has to be held to avoid further falls. Down trend looks strong and the chances of this line taking support looks slim as of now.


August 4, 2013

COCA Cola Triangle pattern


  • Coca cola daily chart shows a triangle pattern. Price near the apex of the pattern
  • Strength on closing above 50 Day SMA. 
  • Support at 200 Day SMA. Possible breakdown only on price closing below 200 Day SMA.



August 3, 2013

APPLE Resistance levels


  • APPLE Resistance levels on closing basis
  • First chart shows price moving above crucial resistance lines.
  • Falling 200 Day SMA may act as resistance. Immediate resistance levels for next week is around 463 levels. Daily close above 463 may lead price towards the 200 Day SMA.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
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S&P 500 Analysis after closing bell


  • SPX Closed above the horizontal resistance levels.
  • Price nears parallel resistance line.
  • Price is developing negative divergence. Price may violate the channel resistance line before the correction could start.



SILVER Chart update

  • Silver violating the channel of four hour chart. 
  • Price getting resisted at 50 Day SMA. Price has to close above 50 Day SMA For a bigger up move to happen.
  • Trend in daily chart will weaken only if price starts to trade above the cloud.
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