February 9, 2015

ES in a range

  • ES Testing range resistance zone.
  • 4 Hour chart shows immediate support and resistance levels.
  • One hour falling below the cloud may lead to weakness.



ICICI Bank violating support levels

  • The Bearish Pin Bar continues to work well. All crucial supports are getting violated.
  • Next crucial levels are the Golden ratio and the previous resistance zone which may act as support.
  • To protect the bull market they must stay above 200 SMA.
  • BEARISH PIN BAR - BANK NIFTY
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