February 15, 2018

ES Chart analysis before opening bell

  • ES 4 Hour and Daily is back to recent resistance zone. During the fast fall price bounced from 200 SMA to this zone. If this zone acts resistance another visit towards 200 SMA is possible But for now Bulls are showing some strength.

INFOSYS Chart Analysis

  • Infosys daily chart shows support line at 50 Day SMA. Bigger weakness for the stock only if price closes below this line.
  • For now Daily Lower Bollinger band is acting as support. Bigger up move above 1142 levels. Weakness only on closing below 50 Day SMA.