CHART-II
- QQQ Finding support at the cloud. Bears need a close below the cloud which may not happen today.
CHART-I
- Breaking above 63.86 will help bulls to continue the prevailing trend.
- Weakness below the support line, But a breaking will be possible only if price breaks below the cloud.
- Gold daily chart with support at 1704 and resistance at 1763.
- Price is moving up and may test the resistance level. For a bigger up move towards 1802 price has to trade above the golden ratio shown in second chart.
- Weakness at golden ratio may give a correction towards the support levels.
- MCX GOLD TRIANGLE PATTERN
- Immediate support levels in hour chart is 23.% level break below this may take es towards 38.2% and 100 Hours.
- SPY WEEKEND UPDATE
- crude oil sustaining above the ascending triangle will help bulls of crude oil.
- But price is still below the weekly resistance line.
- Bulls of crude oil need to take price above the weekly resistance line for sustaining the up move.
- COPPER FIBONACCI LEVELS
- Multiple resistance levels and a possible support line which may act as resistance is shown between the golden ratio and 78.6% Fib level. So this zone may give the much expected pullback for the bears of Bank Nifty.
- NIFTY AND INDIA VIX ANALYSIS
