My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
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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