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ES Near Resistance line

  • ES four hour chart with support and resistance lines.
  • Price is approaching a resistance line as shown in four hour time frame.
  • Getting resisted here will take ES towards 1260 levels again. 
  • Violation of the resistance line will favor bulls.
Posted by San at 11:38 PM 0 comments

SLV Intraday Update

  • SLV Daily time frame is testing an important support level.
  • Price closing below 32.76 will favor bears.
  • Price continue to stay below 50 and 20 day moving averages.
  • SLV will continue to trend down if it stays below 20 DMA and below 32.76 level.
  • S&P 500 WEEKEND UPDATE
Posted by San at 7:16 PM 0 comments

EURUSD Triangle Pattern

  • EURUSD Daily chart is near the support line of the triangle pattern
  • If price gets support here it may start to move up towards the resistance line of the triangle.
  • For now price is below the 20 week moving average which is negative for the pair.
  • S&P 500 WEEKEND UPDATE
Posted by San at 6:44 PM 0 comments

SBI approaching Resistance level

  • SBI is showing good upside momentum
  • Price may pause at 2356 level which was the recent swing high.
  • Bigger up moves will be possible only on breaking and closing above 2356 level.
Posted by San at 2:23 PM 1 comments

TATA MOTORS Analysis

  • Tata motors May form a bottom formation at the current levels.
  • If the Golden ratio and Hammer holds we may see the stock moving up soon.
  • One can wait for Price to close above 20 day moving average to buy the stock.
  • NIFTY WEEKEND UPDATE
Posted by San at 9:01 AM 2 comments

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