APPLE Hour chart update

• Daily chart shows support near 655 levels.
• Bears need to break below the Hourly cloud and 23.6% Fib level for further down moves.
• Holding above the cloud and the fib level may lead to an up move.
• APPLE DAILY CHART UPDATE

APPLE Chart analysis

 

• Apple daily chart nearing a MACD sell signal.
• MACD lines also shows negative divergence in daily time frame.
• For the above scenario to work well for APPLE Bears price need to fall below 644 and 20 Day SMA. 
• For a bigger fall price must close the day and week below 644 levels.
• INTEL CHART ANALYSIS

INTEL Chart Analysis

• INTEL weekly chart near previous resistance level.
• Price is also near 100 Week SMA.
• Breaking below 23 on weekly closing basis should push the stock down towards the up trend line shown in 2nd chart.
• If previous resistance acts as support an oversold bounce looks possible from 23 levels.
• SILVER BULL FLAG

SILVER Bull flag

 

• Silver four hour chart shows a bull flag pattern.
• Bull flag will work well in favor of bulls only if price stays above the four hour cloud and Daily chart stays above 200 Day SMA.
• Daily falling below 200 SMA shall result in a correction in favor of bears.
• ES CHART ANALYSIS

NIFTY Chart Analysis

 

• Nifty found support at 50 day sma on expiry day. But price is still below crucial resistance levels like 5348 and 20 Day SMA. For a bigger up move days must close above these levels. 
• MACD Sell signals continue to look good in daily chart. Weekly chart shows a fight between shooting start candlestick and the weekly cloud. Breaking and closing into the cloud will add strength for the inverted hammer candlestick.

ES Chart update

• First chart is ES one hour with support and resistance lines.
• Second chart shows four hour time frame with Same support line and the next support levels in case of a breakdown.
• Last chart shows price below the cloud and testing support levels. Breakdown will strengthen bears for a trending down move in hourly time frame.

SILVER Support and Resistance levels

• Silver daily chart shows support line between 29.89 - 29.93. Second chart shows daily chart with fibonacci support levels. 
• Third chart shows weekly fibonacci levels, 23.6% is acting as resistance for now. Last chart shows hourly time frame in a range which should be resolved for a bigger move to happen.

APPLE Hour trend update

 

• Apple hour has violated the up trend line.
• Supports in hour chart are 655 and 647 levels 
• Weakness on closing below 50 Hour SMA.
• Possible trend turn only if price breaks below the cloud.
• ES CHART ANALYSIS

ES Chart analysis

 
 

• ES Daily chart trading below 20 day SMA.
• Daily chart shows support near lower bollinger band.
• Hour chart shows price bouncing from 78.6% fib level. More falls on breaking this level. Holding this level an intraday up move possible.

NIFTY intraday update

NIFTY WEEKLY CHART

• Nifty fall pausing at 50 Day SMA.
• Breaking day low and 50 SMA could fill the GAP shown in 2nd chart completely and may target 38.2% Fib level at 5188.
• For bulls price must get back above 23.6% Fib level to avoid a bigger fall.
• Shooting start shown in weekly chart has been doing well so far.
• TATA STEEL CHART ANALYSIS

TATA Steel chart analysis

• Tata Steel daily chart shows a Head and shoulders breakdown.
• Weekly chart shows price violating crucial support at 382.
• Bulls of tata steel badly need an intra week rally to close the week above 382.
• Next major support at 331 levels. 78.6% at 367 levels may act as a support.
• NIFTY WEEKEND UPDATE

EURUSD Resistance levels

• EURUSD Weekly chart continues to get resisted at 20 Week SMA
• Daily chart shows price moving up in a channel. There will not be big falls as long as price continues the up move in the channel. Holding the channel support line up move may continue to till 1.27 levels.
• Major resistance at 200 Day SMA.

ES Chart update

• ES Four hour chart shows price contraction which may give a bigger move soon.
• Second chart shows the support and resistance levels.
• Last chart shows fibonacci levels and target areas.

ES Support and resistance lines

• ES Daily chart with price inside a channel. Price is trading near the upper side of the channel.
• Closing the day below 20 SMA could extend the call.
• 4 Hour chart shows crucial support and resistance lines which has to be broken for a bigger move to happen. 

SILVER Trend update

• Silver hourly chart will continue to trend up on sustaining above 50 Hour SMA and Hourly cloud.
• Turnaround in daily chart too will be safe on sustaining above 200 Day SMA. Daily close below 200 day SMA may turn things in favor of Silver bears.
• CRUDE OIL CHART UPDATE

MCX CRUDE OIL Chart update

• Crude oil falling towards the support line of the rising wedge.
• Price is correcting from the golden ratio.
• Trading below 20 Day SMA and 93.22 levels would extend correction.