- Apple closed below 50 day SMA
- Daily chart shows price in a range between 121 - 135
- Bigger falls or weakness only if price falls below 121 levels.
April 18, 2015
Apple Chart analysis
NIFTY Weekend update
- Daily time frame shows another correction from a bearish engulfing pattern.
- Weekly price action too looks bearish but 20 Week SMA may act as support. Price closed the week at 20 Week SMA.
- Daily chart is near 100 Day SMA which may act as support. Bigger falls if these two crucial levels fails to act as support.
- TCS Trend update: CLICK Here
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