EURUSD Chart update

• EURUSD Daily shows different price action at 50 Day SMA.
• Bulls needs to do more and breakout above the cloud to confirm short term strength.
• If this up move continues price may test 1.10 levels and 100 Day SMA.

ES Multiple time frames with a breakout attempt

• ES shows price trying to move above resistance zone. Hour chart is crucial here in the very short term. Price if stays above 50 Hour SMA should lead to a breakout. Hour closing below 50 Hour SMA before breakout may lead to weakness.

INFOSYS Chart analysis

• Like Nifty infosys also testing its 200 SMA. Here the price action looks more bearish. As USDINR Reaches a crucial resistance zone the movement of that pair will have an impact on the stock.
• Hold 200 SMA to avoid bigger falls. OR Break below 1890 for bigger falls to happen.
• USDINR At Weekly resistance zone: CLICK Here
• INFOSYS Analysis before results: CLICK Here

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NIFTY Testing crucial support zone

• Nifty daily and weekly at crucial support zone. One has to wait and see how price reacts from 200 SMA to determine the next big direction.
• INFOSYS Analysis after results: CLICK Here

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USDINR at Weekly resistance zone

• USDINR Chart testing a weekly resistance zone around 64 levels. This can also turn out to be a bullish area for the pair if a breakout and close happen on daily chart.
• NIFTY Chart analysis: CLICK Here

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