PIN Bar of Caterpillar

• Caterpillar daily chart shows a Pin Bar Reversal candle.
• Bearish candle is formed at 200 Day SMA and Upper Bollinger band.
• Bearish on price trading below 86.45. Bullish if price is able to close above 200 Day SMA

BANK Nifty Bullish Engulfing and resistance levels

• Bank nifty daily chart shows a bullish engulfing pattern.
• Daily chart is also aligning for a MACD Bullish Cross.
• Price must sustain above 5 Day High EMA and 23.6% Fib level for a  bigger up move to happen.

ES Range and Support levels

• ES 4 Hour chart shows price moving in a range.
• Daily chart shows crucial support levels at 23.6% Fib level and previous price resistance zone between 1662 - 1670 levels which may act as strong support for now.

SILVER Chart Update

 

• Silver testing 100 Day sma
• Price near 23.6% Fib level
• Sustaining above the cloud may extend the up move. Weakness on price falling back into the daily cloud.

GOLD Weakness at resistance levels

 

 

• First chart shows Fibonacci support levels for today's correction
• Daily chart shows weakness at resistance levels.

BLACKBERRY Resistance levels

• Blackberry daily chart near the GAP
• Price near 50 Day SMA and 38.2% Fib level which may act as resistance.

NIFTY Support and Resistance levels

• Daily chart is trying to move up from a bullish engulfing pattern. Weakness on price falling back below 5557 levels.
• Bullishness can only be confirmed on price closing above 5 Week High EMA.
• last chart shows crucial support level in weekly chart. Bigger weakness only on price closing the week below 100 WSMA.