November 19, 2012

FACEBOOK Chart analysis

 
  • Facebook chart approaching Range Top at 24.54 and the Unfilled GAP between 24.54 and 26.73.
  • Daily chart shows good momentum as Daily closed above 100 Day moving average on Friday.
  • Now the GAP and Range top should act as stiff resistance. A bigger up move may happen if price closes above the range and In to the GAP.
  • S&P 500 ANALYSIS AFTER CLOSE
  • QQQ WEEKEND UPDATE
  • APPLE WEEKEND UPDATE



BANK Nifty Chart analysis

 

  • Price near crucial support levels for Bank nifty. Along with the Horizontal support levels price is also near 50 Day SMA and 5 Week LOW EMA. 
  • MACD of Weekly chart is nearing a sell signal But Price needs to break all the support levels mentioned above for it to work well. Week sustaining above 5 Week Low EMA on closing basis may not give bigger gains for bears of BN.
  • BANK NIFTY INTRADAY LIVE CHART WITH AUTO REFRESH

S&P 500 Futures chart update

  • ES One hour chart shows price above the falling resistance line
  • Price about to move above the Hourly cloud. Price need to sustain above the cloud for this up move to extend.
  • Four hour chart shows a possible resistance level at 23.6% Fib level.
  • S&P 500 ANALYSIS AFTER CLOSE
  • APPLE WEEKEND UPDATE

IWM Weekend update




  • IWM Weekly chart below 50 and 100 Week SMA. Weekly stochastic is yet to reach oversold zone and It is yet to show a turnaround. If 38.2% Fib level and Last week's low 76.13 fails to hold we may see more correction in IWM.
  • If Friday's up move holds then we may see price moving towards 50 and 100 Week SMA. Falling resistance line shown in last chart could be the target if the Bounce continues.
  • S&P 500 ANALYSIS AFTER CLOSE
  • APPLE WEEKEND UPDATE
-->


November 18, 2012

FORD Chart analysis


  • Ford Motor Daily chart at up trend line
  • Price is testing 50 Day SMA.
  • Weekly candles are falling from the cloud. For a bigger up move price  must trade above the cloud. For now if 50 SMA and daily trend line fails to hold we may see extended correction.
  • S&P 500 ANALYSIS AFTER CLOSE
-->

QQQ Weekend update



  • QQQ Weekly chart shows Stochastic approaching oversold zone. There is no sign of reversal yet.
  • Price could continue to fall towards 59.80 - 60.0 zone which is the crucial support are in weekly chart.
  • 59.80 - 60.0 level also has the 50% Fib level and 100 Week SMA which makes it a confluence of support.
  • S&P 500 ANALYSIS AFTER CLOSE
  • APPLE WEEKEND UPDATE
-->

NIFTY Weekend update


  • NIFTY is near the Up trend line in daily chart. This line has held so far more correction only if this one breaks.
  • Price has closed below 50 Day SMA. During this up move from 4770 levels all closes below 50 SMA is followed by up moves. Bulls are hoping this happen again.
  • Weekly chart shows MACD nearing a sell signal. Price managed to close below 5 Week LOW EMA. Sustaining below this line will add strength for the MACD Sell signal.
  • NIFTY 50 STOCKS REALTIME 5 MINUTES CHART WITH AUTOREFRESH
-->