NIFTY Chart analysis

• chart 2 shows crucial support zone around 8150 - 8180 zone.
• Last chart shows price testing lower Bollinger band. Immediate resistance at 20 Day SMA.
• First chart of nifty shows the consistency of the rising resistance line, 

ES Chart analysis

 

• ES is trading below the 4 Hour cloud. 
• Price is moving towards previous resistance levels which may act as support. 
• For bigger correction the previous resistance zone must be broken. First test at these levels may result in a powerful up move.

APPLE Chart analysis

• 5 Minutes shows price in a range resolving this range may give bigger direction.
•  Hour chart shows price trying to hold above crucial support levels as shown in first and second chart. Apple bears need a Hourly close below 100 Hour SMA which is yet to happen.

S&P 500 Futures trend update

• ES 4 Hour chart shows price testing the cloud and 100 period SMA.
• Daily chart looks negative and if the fall continues it may test the 23.6% Fib level and previous resistance zone shown in 3rd chart.

CRUDE OIL falling towards golden ratio

• Golden ratio for Crude oil in monthly chart is seen  near 65 levels.

CRUDE Oil update

 

• Crude oil daily chart shows price testing 20 Day SMA Which may continue to act as resistance level.
• 4 Hour chart shows 80 levels as previous support  which was broken and may act as crucial resistance if price moves up again. Bigger up move possible only if price is able to get back above this zone.
• Weekly chart continues to test crucial support zone. Weekly candles yet to show signs of reversal.

GOLD Support and Resistance levels

 

• 4 Hour charts shows cloud and the 1180 levels as major support
• Golden ratio shown in this time frame is a crucial resistance zone. More momentum for gold bulls only if price is able to trade above this level.
• Falling back below the cloud can result in new lows for gold