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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