BANK Of America Chart update

 

• BAC Sustaining below 50 SMA may take price towards 11.0 level.
• 38.2% Fib level is around 11.0 area.
• Daily chart  may form a Bearish "M". Breaking 11 on closing basis may give a bigger fall.

ES Chart update

 

• ES 30 Minutes chart shows price trending up above the cloud.
• 4 Hour chart too has managed to pull back above crucial moving averages.
• 2nd chart shows price testing 78.6% Fib level. Breaking above this level may see a full reversal for the down move.
• GLD WEEKEND UPDATE

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EURUSD Support and Resistance levels

 

• EURUSD Daily chart shows previous resistance level acting as support.
• Daily chart also shows the current bounce exactly from 100 Day SMA.
• Black lines in 4 Hour chart are possible resistance levels for the current bounce.
• APPLE WEEKEND UPDATE
• GLD WEEKEND UPDATE

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SILVER Trend update

• Silver violating the falling resistance line in hour chart.
• Price trying to stay above the hourly cloud. Silver bulls need to sustain above the cloud and 29.17 levels for a bigger pullback to happen.
• Hour candle closing back into the candle will favor Silver bears to continue the down trend of this time frame.
• GLD WEEKEND UPDATE

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MCX COPPER Trend update

• COPPER Hourly chart shows bears safe below the cloud and the down trend line
• But Daily chart is approaching a crucial support zone near 419 - 421 levels.  A pause or a bounce from this zone looks possible.

NIFTY Support levels

• Price at 100 Day SMA and 50% Fibonacci level.
• Daily chart is also near the neckline of a Head and shoulders pattern.
• So the above mentioned level may act as support level for a bounce. For the pattern on a successful breakdown should give about 130 points on the down side.
• JP ASSOCIATES CHART ANALYSIS

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JP ASSOCIATE Ltd Chart analysis

 

• JP Associates continues to fall down in a narrow channel 
• Weekly chart is showing a potential support line. If this line is not held price will continue to move lower towards 60 levels.
• Last chart shows Immediate resistance at 20 Day SMA and 200 Day SMA. Bounce is possible on trading above 20 Day SMA.
• NIFTY 50 STOCKS FREE LIVE CHARTS

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CRUDE Oil weekend update

 

• CRUDE Oil weekly chart shows price back to the breakout line. If price starts to trade inside the pattern it may lead to a bigger fall.
• Second chart shows price breaking below the range and 50 Day SMA. Sustaining below these levels may lead to a bigger fall.
• Price testing 38.2% Fib level. Holding above this may lead to a small bounce. More lows possible on breaking this level.
• SPX ANALYSIS AFTER CLOSING BELL
• APPLE WEEKEND UPDATE