BAC Chart update

 

• First chart of BAC Shows the sideways ranges giving upper breakouts.
• Right now price is testing a crucial resistance level. Bulls need a weekly close above 200 Week SMA and Golden ratio for a bigger up move to happen.

CRUDE OIL Chart analysis

 

• CRUDE Oil Moving towards a possible resistance line as shown in first chart.
• Price above 50 and 200 day SMA.
• Last chart shows Fibonacci resistance levels.

CISCO Chart analysis

 

 

• Weekly chart shows weakness at 200 Week SMA.
• Price near weekly resistance line.
• Daily chart shows price testing 20 Day SMA. Bigger fall possible on breaking below 20 day sma.
• RIMM CHART UPDATE

-->

TCS Chart analysis

 

• TCS is rising towards resistance line and 50 Day SMA a possible confluence of resistance.
• Price in weekly chart is trying to form a bottom near Weekly lower bollinger band and the up trend line shown in last chart.
• This can go either way so its better to wait for the contraction pattern shown in last chart to get resolved before taking a position.
• RISING WEDGE OF HDIL
• NIFTY 50 STOCKS FREE LIVE CHARTS

-->

SBI Chart analysis

• Daily MACD is getting ready for a sell signal in SBI.
• Weekly charts are near crucial resistance levels.
• Price sustaining above crucial moving averages will favor bulls of SBI. Weakness will be visible on price trading below 20 Day SMA.
• RISING WEDGE OF HDIL
• BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME

-->

Rising Wedge of HDIL

• HDIL Has given a good breakdown from the rising wedge pattern. Those who spotted this pattern early would have entered a safe short trade. For now stock has reached the Lower bollinger band in daily time frame a potential support level one should be careful of taking short. 
• Price is testing 50 Day SMA. Seeing the pattern there exist possibility of more falls so one should try to short at higher levels.
• SBI CHART ANALYSIS
• TCS CHART ANALYSIS
• BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME

-->