Thursday, December 11, 2014

DLF (By Dec 11 EOD)

Last day of the week. Listen to weekly chart.

DayCh:
1) After Nov 25th, first time price closed below 5EMA. (Last time next day, price moved bottom of this day channel to top of the channel. Tomorrow bottom of the channel is: 152.50 (approx) and top of the channel is: 170.40 (approx))

2) Stochastic remains in sell

5min chart:
RSI has hit the bottom line.

60min chart:
Stochastic is high

WeekCh:
MACD "buy" in current candle.
Week ch support: 143.43
Week ch resistance: 173.13

FUTURE:
158.96: UpperBand (DayChart)
156.69: LowerBand (DayChart)
152.66: Weekly Channel support line (for tomorrow)

SPOT:
171: Channel Res (DayCh)
168.50: Weekly R1
158.70: 5EMA (DayCh)
158.13: UpperBand (DayCh)
157.70: Weekly Pivot
156.14: LowerBand (DayCh)
152.70: Channel Support (DayCh)
152: Purple Line Support (Week Ch)
151.70: Weekly S1






No comments:

Post a Comment