November 30, 2016

NIFTY Daily and Hourly charts



  • Nifty daily chart shows a bearish shooting star like candle at 200 Day SMA. This one need follow up price action for bears. More weakness below 8130 levels. Hourly chart too shows price above 50 and 100 SMA These support levels must go as well for a bigger fall to resume.
  • Bulls need to protect 50 and 100 Hour SMA To avoid bigger correction.
  • CRUDE OIL support and resistance levels
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November 29, 2016

CRUDE Oil support and resistance levels

  • Crude oil daily chart testing its 200 Day SMA.
  • IF Crude bulls fails protect 200 SMA then price may fall to 42 - 43 zone.
  • If price stays above 200 SMA then an up move towards 48 is possible. So price is still stuck within this range between 42 and 48. 
  • CRUDE OIL Double breakdown
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ES Analysis before opening bell


  • ES 4 hour chart shows price near 50 Period SMA. This line and 2198 are crucial support levels.
  • Previous resistance zone in daily chart between 2186 and 2191 may act as strong support zone. Weakness only if daily candle closes below this zone. 
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ES Hour chart analysis

 
 
  • ES hourly cloud and 100 Hour SMA is getting tested.
  • Below the hourly cloud or 2199 weakness can set in.
  • If stays below 2199 price can slip to 2191 levels.
  • Bullishness continues if bulls manage to protect Hourly cloud.
  • EURUSD Weekend update
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November 28, 2016

EXXON Mobil Corporation Chart analysis


  • Exxon Mobil corporation daily chart shows price contraction. Price is near the Apex of a contraction pattern and breakout or breakdown is imminent.
  • second chart shows price getting resisted near 100 SMA So for bulls of Exxon things are simple. Stay long on closing above 100 SMA For targets of 89 and 92. For bears of Exxon weakness starts on daily closing below 86 which can lead to 84 and 82 levels.
  • FACEBOOK Trend update
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GOLD Hour chart analysis

 
  • One hour chart shows 100 Hour SMA as immediate resistance line
  • 4 Hour chart shows 1197 ,  1202 and the falling resistance line in 4 hour chart as resistance.
  • GOLD Weekned update
  • CRUDE OIL Weekend update
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FACEBOOK Trend update

 
 
  • Month candle shows bearish price action. But bulls are seeing some relief in the Lower shadow of the Month candle. with 3 days to go if those are bullish days, the Month candle will look much better for FB Bulls.
  • Weekly chart shows price violating 50 SMA and moving back above it. Bulls unable to do a weekly close below this line.
  • In daily chart immediate support at 200 SMA. FB Bears need to break this line again to resume bigger correction. For bulls the resistance is at 50 Day SMA.
  • CRUDE OIL Weekend update
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