EagleEYEAnalysis:GOLD 4hrs Chart (Preempting H&S Pattern)

EagleEYEAnalysis:GOLD 4hrs Chart (Preempting H&S Pattern)

 

EagleEyeAnalysis:ADANIPOWER :Support Broken

EagleEyeAnalysis:DOW Futures 4hrs Chart( Rising suport trend line Broken)

EagleEyeAnalysis:DOW Futures 4hrs Chart( Rising suport trend line Broken)

Note: Trade with stopLoss only.

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)
DowFut @ 12040
Next Resistance Around 12150/12165 Support 11985

Trade with stop loss only

EagleEyeAnalysisStock : BHARTIARTL (Resistance Breakout with good volumes)

EagleEyeAnalysisStock:BHARTIARTL Daily Chart (Resistance Breakout with good volumes)
BHARTIARTL @ 396
Next Resistance Around 415/420 Support 388

Trade with stop loss only

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)
DowFut @ 11850
Next Resistance Around 12000/12050 Support 11780

Trade with stop loss only

EagleEyeAnalysisStock:TATAPOWER Upward breakout with good Volumes.

EagleEyeAnalysisStock:TATAPOWER Upward breakout with good Volumes.
BUY TATAPOWER @ 104 with strict stoploss of 99 for target price 113 / 118

EagleEyeAnalysisStock:PFC Double Bottom Pattern

EagleEyeAnalysisStock:PFC Double Bottom Pattern
PFC @ 167
Daily chart of PFC stock formed a double bottom after a big price decline.
Currently stock price trading above the high which formed between the lows with support of good volumes as well as nearing the interim resistance (slopping trend line) i.e. around 170. Current price is above 10-20sma. RSI is in positive mode.MACD is in BUY mode.Once stock price clear and sustain above the 170 levels the up move will continue where the next resistance seen around 200/205 on lower side support expected around 155 levels.

EagleEyeTechnicalAnalysis:RECLTD

 RECLTD @ 187

Breakout from resistance trend line

From the above chart of REC LTD has breakout from the resistance trend line with support of good volumes as well trading above 10-20sma. The upmove will continue where the next resistance(target) is expected around 215/220 , on lower side support expected around 175.

EAGLE EYE TECHNICAL ANALYSIS OF STOCK: BUY ABAN BFUTILITIE

EAGLE EYE TECHNICAL ANALYSIS OF STOCK: BUY ABAN BFUTILITIE

ABAN @ 425.8
Below chart ABAN indicate that  the stock price has formed a Double Bottom. The stock price has clear the upper trend line with support of good volumes.Technical indicate MACD is in Buy mode.RSI is in positive mode.cuurently stock is trading above 10-20sma The upmove will continue where the target seen around 490/505 and stoploss @ 395


BFUTILITIE @ 486.05
Below the chart of  BFUTILITIE indicate that the stock price clear the interim resistance with support of good volumes.The upmove will continue where the target seen around 540 and stoploss @ 465

EagleEYE Technical Analysis : HINDALCO Support Broken

Eagle EYE Technical analysis HINDALCO : Support Breaks


Below is the chart of HINDALCO indicate that the stock price is broken the rising trend line. Down move is likely to continue where next area of support expected around 128/125 level ,On higher side resistance seen around 144.

EagleEYE Technical Analysis : DLF Support Broken

 Eagle Eye Technical Analysis : DLF

In the above chart of DLF the stock price indicate that it has broken the rising trend line. Down move is likely to continue where next area of support expected around 189/185 level ,On higher side resistance seen around 207.

Eagle Eye Technical Analysis : NFITY daily chart upward breakouts

Eagle Eye Technical Analysis : NIFTY daily chart upward breakouts
Below Daily chart NIFTY indicate that nifty had found support of 4800.
Breakouts of slopping trend line in upward direction and closing above the previous support trend line(Long Term Chart) which was acting as interim resistance. If it sustain above the resistance trend line, then the up move will continue where next resistance is seen around 5095-5211-5327 i.e.Fibonacci retracement levels of  (High:5702.25 and Low:4720)  38.2% -50% & 61.8% respectively.Technical indicator MACD signal BU?Y mode whereas RSI and Stochastic show positive Divergence.

Nifty Daily Short Term Chart : Upward Breakouts

Nifty Daily Long Term Chart :

NIFTY BULLISH CRAB PATTERN

Eagle Eye Technical Analysis : CRUDE OIL upward breakouts Above 89.2

 Eagle Eye Technical Analysis : CRUDE OIL upward breakouts Above 89.2

Below Chart CRUDE OIL indicate the formation of 1-2-3 & 4point breakouts Pattern.If price breakouts and sustain above 4 point (i.e. around 89.20) with the support of good volumes the up move will continue where area of next resistance is seen around 92.8 and 97.8 on lower side support expected around 85.5.

Eagle Eye Technical Analysis : Breakout EURUSD Daily Chart

Continue post of 25 Aug 2011..
Eagle Eye Technical Analysis : EURUSD Daily Chart
Upward  breakout above  @  1.4483 Resistance 1.46936 - 1.48827 Support
1.43218

Eagle Eye Technical Analysis : DOW Daily Chart

Eagle Eye Technical Analysis : DOW Daily Chart
Below is the chart of DOW indicate formation of 1-2-3 & 4 point upward breakouts pattern. If it breakout and sustain above the point 4 with the support of volumes, then the up move will continue where the next resistance is seen around 12300 and on lower side support seen around 11080.Technical indicator ADX enter in positive mode.

Eagle Eye Technical Analysis : EURUSD Daily Chart

Eagle Eye Technical Analysis : EURUSD Daily Chart
Upward  breakout above  @  1.4483 Resistance 1.46936 - 1.48827 Support

1.43218

 

Eagle Eye Analysis : FTSE-Sep11

Eagle Eye Analysis : FTSE-Sep11

Eagle Eye Analysis : DOW Sep11

Eagle Eye Analysis : DOW Sep11
The Above chart DOW Sep11 chart show that it has formed 123&4 pattern. Point 4 is breakout levels, and current price is above the breakout levels @ 11274. The up-move is likely to continue where the resistance is seen around 11480 and interim support seen at 11150/30. If it breaks the resistance levels of 11480 and sustain above then further up move is likely to continue.

Eagle Eye Analysis of NIFTY

Eagle Eye Analysis of NIFTY Interim Resistance Around 5020/40

. If nifty sustain above the resistance levels then the upmove will continue...

EagleEye Technical Analysis : NIFTY

EagleEye Technical Analysis : NIFTY Bullish Crab Pattern
To continue the up move nifty should sustain above 5150.

Eagle Eye Technical Analysis : DOW Futures

Eagle Eye Technical Analysis : DOW Futures

Daily Dow Futures:

Below daily chart of DOW Futures has hold the support of 10400 and bounce in upward direction i.e. 38.2% retracement levels Low of 2009 and high of 2011 as well as RSI indicate Oversold.

Resistance @ 11580-11930-12061 Support 10670-10400

Daily Dow Futures Bullish Butterfly Pattern & support 38.2% retracement

Eagle Eye Analysis Nifty : Bullish Crab Pattern

Nifty Bullish Crab Pattern Support Seen around 4960-4880 On upper side Interim Resistance seen around 5320-5360

NIFTY has formed a Bullish Crab pattern on EOD Chart.
This pattern is reversal pattern.
for resistance and support please see my previous post.
CHART WILL FOLLOW SOON

Eagle Eye Analysis Nifty for 10th Aug 2011 : NIFTY RSI Oversold

Eagle Eye Analysis Nifty for 10th  Aug 2011
NIFTY RSI Oversold

Today's Nifty opened with gapped down below the support trend line and made a low of 4946, thereafter bounce in upward direction and making a high of 5167 and closed the day @ 5072.85 down by 45.65 point. Technical indicator RSI indicate oversold as well as Nifty closed above the support trend line. On lower side interim support expected around the support trend line and Fibonacci Retracement  levels 38.2% i.e. around 4885. If Nifty sustain above the two major supports then the up move will continue where the resistance is seen around 5320-5380.

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Trade with STOP LOSS only