APPLE Chart update

• Apple 30 Minutes has closed below the cloud.
• Fall started from daily cloud is testing 100 Day SMA. Closing below 100 SMA may extend the fall towards 515 levels.
• APPLE BEARISH GRAVESTONE DOJI

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S&P 500 Futures before opening bell

 

• ES Testing 200 Hour SMA.
• 4 Hour chart shows price testing 23.6% Fib level.
• Last chart shows price below the cloud in one hour time frame which is bearish. Hourly close below 200 Hour SMA will lead to bigger falls.
• APPLE BEARISH GRAVESTONE DOJI

BANK Nifty Chart analysis

WEEKLY CHART

DAILY CHART

WEEKLY CHART
 

• Bank Nifty Weekly chart shows stochastic reaching oversold zone. No reversal confirmed yet.
• Daily chart is testing falling resistance line. Bulls must trade above this line.
• Weekly chart also shows weakness at cloud. Bulls should do a cloud breakout for a bigger up move to happen. 
• Weakness at the falling resistance line will favor BN Bears.
• AXIS Bank Falling Wedge breakout and Resistance levels

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