ICICI Bank chart update

• First chart shows bounce from major support area for ICIC Bank. Bigger falls will not happen till price stays above this zone.
• Strength only above 100 Week SMA and 320 levels.

IFCI Support zone and resistance line

• IFCI Daily chart shows price moving above the falling resistance line. Weekly chart shows price bouncing from important support zone at 17 levels. Sustaining above 17 levels IFCI Can bounce higher. Sideways moves may happen before bigger up move can happen.
• Major weakness for the stock if 17 levels gets broken.

Nifty support and Resistance levels

• Nifty for now is likely to move between 100 week sma and the GAP. For bigger direction one of these levels must be broken on closing basis.

Bank nifty chart update

• Bank nifty support levels continues to move lower. Current bounce may not move above the GAP area. But for a bigger fall price must close below 100 Week SMA. 

Tata steel chart update

• Week chart shows positive divergence. Month chart trying to stay above 200 Levels. Daily needs to stay above 50 day SMA for bigger up moves to happen.

SBI Chart update

• SBI Bulls need to move and sustain above 234 levels to avoid bigger falls. If week and month continues to stay below 234 then 190 levels are likely in the near term.

EURUSD Chart update

• Daily cloud and 200 SMA as immediate support levels.
• crucial resistance zone shown in 2nd chart must be taken out by bulls for bigger up moves to follow.