BANK Nifty Chart Analysis

 

• Bank nifty closed above its recent swing high on daily time frame.
• Weekly chart shows price testing weekly swing high's
• Last chart shows price staying above 5 week high ema on closing basis and thus keeping the strength of the trend intact.

FACEBOOK Chart update

• Facebook one hour chart shows price near resistance levels
• 4 Hour chart shows price near 38.2% Fib level.

ES Chart analysis

• ES one hour and 30 Minutes chart looks good for bulls. 
• Four hour chart is moving up from the range bottom.
• Last chart shows possible fib resistance levels.

Bank of America testing support levels

• Bank of america Weekly and daily chart testing crucial support levels.
• ES Chart update

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ES Chart update

• ES 4 hour chart shows price pausing at the support zone.
• Bigger bounce will be possible only if price stays above 50 Hour SMA.

SPY Analysis after closing bell

• SPY Daily chart testing crucial support zone and Moving averages like 50 and 100 Day SMA. For bulls of spy price should stay above this level to avoid a bigger fall.

ES Chart update

• ES 4 hour chart shows price in a trading range. Price moving towards the support zone of the range.
• For the day crucial support is near the 78.6% Fib level shown in 4 hour time frame.
• Immediate resistance at 15 Minutes cloud. Staying above this zone may give a bounce.
• FACEBOOK WEEKEND UPDATE

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