COPPER Four hour chart analysis

• Copper falling towards support line of four hour time frame.
• This time frame also has 100 period SMA which may act as support
• Larger correction possible only if the moving average and Channel support line breaks.
• MCX COPPER CHART ANALYSIS
  

ES Support and Resistance lines

• ES four hour chart shows price correction from resistance line.
• Price may target 20 Period SMA initially if the fall does not stop there it may target the support line shown in first chart.
• Breaking above the resistance level may target 1360 levels.
• SILVER DESCENDING TRIANGLE
  

SILVER Descending Triangle and Range

• Silver weekly chart is showing a range near the resistance line of a descending triangle pattern shown in first chart. Range breakout will find resistance near the resistance line or 50 Week SMA. So an upper breakout may not give a great trade.  A short trade may be coming preferably from the 50 Week SMA  if price gets there.
• S&P 500 ANALYSIS AFTER CLOSING BELL
  

CRUDE Oil at channel resistance

CHART-II

• Resistance line of crude oil has been violated. Next resistance at 101.27 levels.

CHART-I

• Crude oil at channel resistance.
• Last hit at this channel resulted in a fall from 99 to 96 levels.
• A similar move to 96 levels can be seen from the current levels. 
• Channel breakout cannot be ruled out which may take Crude oil to 101 levels.
• MCX CRUDE OIL RISING SUPPORT LEVELS
  

SBI Chart Analysis

• Price staying above 23.6% and 10 Day EMA will favor bulls.
• Intraday will favor bears below 2100 - 2115 levels.
• NIFTY WEEKLY ANALYSIS
  

NIFTY Weekly Analysis

• Weekly Doji will be effective for bears below 5322 levels. Pullbacks may not be big as we are above 200 SMA. Price is also getting resisted at 50% Fib level so for bulls price need to close above 50% fib level for extending this up move. 
• MCX COPPER CHART ANALYSIS
  
• MCX CRUDE OIL RISING SUPPORT LEVELS
  

BANK NIFTY Weekly analysis

• Bank nifty has given a clean breakout from the channel. But the indicators in week has reached overbought levels which may lead to a correction. Daily chart is also showing negative divergence But bears need price to break below last week's candle low or 10 Day EMA on closing basis for a decent pull back to happen.
• S&P 500 WEEKEND UPDATE
  
• NIFTY WEEKLY ANALYSIS