APPLE 4 Hour charts are approaching crucial resistance levels.
4 Hour cloud and 100 period SMA will be tough to cross for apple bulls.
One hour chart has moved above 50 and 200 Hour SMA. Sustaining above these two levels may lead to bigger up moves. So apple bears need price to fall back below 200 Hour SMA.
Nifty will continue to favor bears below 50 Day SMA and Golden ratio.
Last chart shows daily line chart. Bulls are safe above the middle line of the channel. Once price closes below the middle line we could see a larger correction.