- Ford Weekly and Month chart shows price nearing Multi-Year resistance levels.
- Resistance zone is between 18.23 - 18.97 level. Ford Bulls Need a weekly and a Monthly close above 19 levels to confirm a Bigger bullish breakout.
- CRUDE OIL Multiple time frames
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 24, 2013
FORD Resistance levels
BANK Nifty chart analysis
- Price testing resistance line, 50% fib level and price also nearing the Weekly cloud. Daily close above the resistance line and 50% Fib level may extend this up move.
- CRUDE OIL Multiple time frames
TESLA Testing support levels
- Tesla has broken below the rising support line and 50 Day SMA which are crucial support levels for Tesla. But price For Tesla bulls price has taken support at 158 - 161 zone and the daily Ichimoku cloud These two levels must break to change the trend of the stock.
- CRUDE OIL Multiple time frames
EURUSD Resistance levels
- EURUSD Monthly chart shows price nearing the falling resistance line from 1.60 levels. Same resistance line is shown in weekly chart. Weekly chart also shows price nearing golden ratio. So multiple resistance levels here may stop a bigger move from happening.
- CRUDE OIL Multiple time frames
October 23, 2013
ES Chart analysis
- ES one hour chart testing 100 Hour SMA and support zone. Closing below support zone may extend the fall.
- CRUDE OIL Multiple time frames
CRUDE Oil Multiple time frames
- Crude oil daily chart shows price breaking crucial support levels.
- Weekly chart shows the rising support line to which price may fall in the short term.
- Monthly chart shows a bigger bearish possibility as it is ranging between 38.2% Fib level and 61.8%. If the rising support line in weekly chart does not hold then price may fall towards 38.2% Fib level shown in monthly chart which is at 77 levels.
- GOLD Testing resistance levels
TATA Steel Chart analysis
- Tata steel Weekly charts shows price moving towards multiple resistance levels.
- Price may have some more upside left. Looks for weakness between 350 - 360 levels. Reversal candles in weekly chart may resume the down move for the stock. On the contrary the long term bulls of tata steel Need a weekly cloud breakout on closing basis to continues this up move.
- AXIS Bank Inverted Head and Shoulders pattern
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