BIDU Support and Resistance levels

• BIDU Pausing at weekly resistance zone 153.94 - 155.84.
• Hour chart shows immediate support at 23.6% Fib level and Hourly cloud. Price yet to break below crucial support levels in hour chart which may keep BIDU Bulls interested for a bigger breakout.

S&P 500 Futures Hour chart analysis

 

 

• ES Hour Will remain weak On sustaining below the Hourly cloud and 50,200 Hour SMA.

NIFTY Support and Resistance levels

• Nifty daily chart shows possible support levels at 5690 and 5798.
• Daily MACD is moving towards another bearish signal which will be effective on price closing below 50 Day SMA.
• 38.2% Fib level for the up move at 5751.
• USDINR Chart analysis

S&P 500 Futures Chart analysis

• ES has broken below 200 Hour SMA.
• But 4 hour is testing possible support levels at 38.2% Fib level and Lower Bollinger band. Price action though continues to favor bears as it dos not shown any strength or signs of reversal.