GOLD Update

• Gold daily chart breaks the rising support line.
• Price moving towards crucial weekly support levels.
• SILVER CHART ANALYSIS

ES Chart analysis

• First chart shows es four hour time frame with a possible support line
• Second chart shows price testing 50 Day SMA. Bears of ES need a close below this level.
• Last chart shows previous support acting as resistance.

APPLE Chart analysis

• Apple one hour chart shows price in a range between 580 - 590 which has to be resolved for a bigger move to happen.
• Four hour chart shows price contraction in  a bearish pennant formation.
• Bulls are safe as long as price closes above 50 and 100 Day SMA.
• MSFT RESISTANCE LEVELS

Microsoft Resistance levels

• MSFT Weekly line chart shows price entering a resistance zone.
• Daily chart shows price testing the daily cloud and Golden ratio.
• Above mentioned levels should be crossed by bulls of MSFT to target 32 and More. Bulls are safe as long as the closing price stays above 50 Day SMA.
• QQQ DESCENDING BROADENING PATTERN

Silver testing support line

• Silver four hour chart shows price testing crucial support line. Breaking this support line could lead to a test of the weekly support levels.
• Weekly support is between 26.14 - 26.36 levels. 78.6% Fib level shown in last chart too is an important support area in weekly chart.

NIFTY Hour chart analysis

CHART-II

• Price contraction shown in the below chart resulted in a breakout in favor of bulls. For tomorrow bulls has to face the resistance zone of 5180 - 5200 once again.

CHART-I

• Nifty hour in a contraction pattern. Breakout from this pattern should give good direction.
• Intraday weakness below 5094 and 23.6% Fibonacci level. Breaking the support line could lead to a larger correction.
• Bulls strong above the resistance line and 5145 levels.

SBI Intraday update

• Breaking below the support line and 200 Hour SMA Should favor a short trade in SBI.
• Breaking above 50 Hour SMA and above 2165 levels its better to stay long.
• INTRADAY LIVE CHART FOR SBI