My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 30, 2012
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
November 28, 2012
November 27, 2012
CNX IT Chart analysis
- CNX IT May do well above 50 Day SMA and 6213. Close above these two level may give bigger moves in favor of bulls.
- RCOM ANALYSIS
- NIFTY 50 STOCKS REALTIME 5 MINUTES CHART WITH AUTOREFRESH
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
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
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
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