CRUDE Oil resistance levels

• Crude oil daily chart pausing at resistance line.
• Even if  a breakout happens the upper targets looks limited as weekly chart is nearing Golden ratio.

GOOGLE Hits channel top

• Price hits the resistance line discussed in the below post

 

• Google daily chart moving towards resistance line
• Second chart shows negative divergence in weekly time frame with RSI.
• Resistance line and Divergence may lead to a correction in Google. 

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ES Chart analysis

 

• Price nearing crucial support levels in hour chart.
• Breaking the channel and 50 Hour SMA may give a Dip in favor of bears.

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BANK Nifty Futures intraday update

• Bank nifty near the resistance line of a broadening pattern.
• Price has to do a breakout or it may fall to the lower end of the range.
• weakness on price closing below 50 Hour SMA for today

TATA Steel Chart Analysis

 

• Long should be cautious at these levels. Further longs can be added only on closing above 50 SMA and 23.6% Fib level.
• Unable to close above 50 SMA and 23.6% Fib level means weakness. Falling below 5 Day High EMA may give shorting opportunities.