November 30, 2012

SILVER Trend update

  • SILVER Daily chart is getting resisted at 78.6% Fib level.
  • Bigger correction only if 50 Day SMA Gets broken.
  • 4 Hour cloud too has acted as support during this up move. Breaking below the cloud may lead to a reversal.

S&P 500 Analysis after close

 
  • SPX Testing 50 Day SMA. 
  • Price also near Golden ratio.
  • Breaking above these two levels may take SPX Towards the daily cloud which for the current week is  at 1435 levels.

November 29, 2012

FACEBOOK GAP Fading

 
  • Facebook fading the gap in daily chart. GAP will be closed at 26.73.
  • Range of daily chart was about 6.7 points. Trading above 26.73 this up move of FB may extend towards 30.95 levels.
  • Weekly chart shows possible resistance levels with Fib levels.
  • ES TREND UPDATE

ES Trend update

 
 
  • ES Four hour chart shown with next target or resistance zone.
  • Daily chart shows price violating 50 Day SMA. Bulls need a close above this level for extending the up move.
  • Bulls also need to breakout above the daily cloud to extend the up move.
  • S&P 500 ANALYSIS AFTER CLOSE
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S&P 500 Analysis after closing bell

 
  • Weekly chart shows price taking support at 50 Week SMA and moving towards 20 Week SMA. Closing the week above 20 Week SMA would be perfect for bulls.
  • Daily chart shows price closing above crucial support resistance zone.
  • Next possible support in daily chart is at the 50 Day SMA and Golden ratio.

SPY Resistance levels

 
 
  • SPY 4 Hour chart with 100 Period SMA and Ichimoku cloud as resistance levels. Price also near crucial Fib levels.
  • Bulls need a cloud breakout for an extended up move.

November 28, 2012

SILVER Chart analysis

  • SILVER Daily chart falling back to 50 Day SMA
  • 4 Hour chart also shows Ichimoku cloud trying to support the fall. If cloud breaks deeper fall is possible.

NIFTY Support and resistance levels

 
  • NIFTY Closed above 20 and 50 Day SMA. This level should now act as support.
  • Line chart shows price still in a consolidation range. For bigger move price has to resolve this pattern.
  • Weekly chart shows price above 5 Week High EMA. Only a closing value above High EMA will confirm strength.

QQQ Resistance levels

 
 
  • QQQ Near 200 Day SMA.
  • Four hour chart shows price near Ichimoku cloud.
  • Fibonacci levels shows price above 38.2% Fib level. Up move may extend towards 50% Fib level.
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November 27, 2012

ES Chart update

 
 
  • ES Bulls unable to break above 50 Day SMA.
  • Unable to breakout above the daily cloud may resume the fall.
  • Broken 23.6% Fib level too may act as resistance.

CNX IT Chart analysis

 
 


RELIANCE Communication chart analysis

 
  • Rcom has resistance at 69 and 72.
  • 69 is the 200 Day SMA. 72 level is a previous resistance level. 
  • Price is trying to stay above its long term down trend line. Sustaining above the mentioned resistance levels may give a bigger up move.
  • RCOM INTRADAY 5 MINUTES LIVE CHART WITH AUTO REFRESH

November 26, 2012

CRUDE Oil Triangle pattern

  • Crude oil weekly chart shows a range between 85 - 90 which is between the 23.6% and 38.2% Fib level.
  • Daily chart continues to get resisted at 50 Day sma.
  • One hour chart shows a triangle pattern which may give a bigger move soon.


BANK of America Chart analysis

 
 
  • BAC Weekly chart shows price near resistance levels.
  • Price approaching 50% Retrace level.
  • Stock sustaining above 100 Week SMA is good for bulls of BAC. Now bulls need to breakout above the resistance line as shown in last chart for bigger gains on the up side.
  • INTEL WEEKEND UPDATE
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GOOGLE Chart analysis

 
  • Google weekly chart trying to sustain above 50 Week SMA and also the Golden ratio for the price rise from 556 - 774.
  • Daily chart shows a MACD Buy signal which may do well if price sustains above 20 Day SMA.
  • APPLE WEEKEND UPDATE




NIFTY Support and Resistance levels

 
 

  • NIFTY Bulls are safe as long as price stays above the up trend line
  • Immediate resistance levels at 20 and 50 Day SMA Both converging at the same level.
  • Weekly chart shows MACD getting ready for a sell signal But this setup need price to fall below 20 Week SMA for a bigger fall to happen.
  • BANK NIFTY LIVE CHART WITH AUTO REFRESH
  • NIFTY 50 STOCKS REALTIME 5 MINUTES CHART WITH AUTOREFRESH

ES Resistance levels

 
  • ES 4 Hour chart near the falling resistance line and 200 period SMA.
  • Daily time frame too is near 50 Day SMA. So for a bigger up move this level has to be broken convincingly by bulls.
  • QQQ WEEKEND UPDATE