ES Update

• ES 4 Hour cloud continue to act as stiff resistance
• One hour cloud is acting as support for now
• Last chart shows price trying to stay above 38.2% Fib level.

S&P 500 Futures chart analysis

 

• ES 4 Hour time frame shows weakness near Ichimoku cloud. This level and 80% Fib level needs to be cleared for bigger up moves to happen.
• Price staying Below golden ratio or the Hourly cloud may lead to bigger weakness.

TCS Chart analysis

• TCS Weekly chart shows price near previous resistance zone which may continue to act as support
• Daily chart is testing 200 SMA. Staying above 200 SMA will favor bulls.
• Bears need price to sustain below 200 SMA for bigger correction to happen.

NIFTY Chart analysis

• Nifty tying to hold above 100 Day SMA.
• Another dip below the ichimoku cloud did not result in follow up selling. Bears need to keep price below the cloud for bigger falls to happen.
• Last chart shows a possible triangle contraction pattern. closing outside this pattern may result in bigger moves.
• NIFTY 50 STOCKS FREE LIVE CHARTS

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APPLE Resistance levels

• Apple daily chart near 50 Day SMA
• 4 Hour chart shows possible resistance line.
• For bigger up moves price must close above 114.77 levels.
• SPY ANALYSIS AFTER CLOSING BELL

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S&P 500 Futures chart analysis

 

• ES 4 Hour has moved  above crucial 100 Period SMA.
• Immediate resistance levels are the 4 Hour cloud and 78.6% Fib level.
• SPY ANALYSIS AFTER CLOSING BELL

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INFOSYS Chart analysis

• First chart of infoys shows the GAP filling up moves. For now too price is dealing with a GAP.
• Price for now is stuck below the Daily Ichimoku cloud. Bulls need price to get back above the cloud and close into the GAP for replicating the moves of first chart.
• Last chart shows price stuck between 50 and 100 Day SMA. Closing outside this range may give bigger moves.