Ascending Triangle of US DOLLAR

US DOLLAR WEEKLY CHART

• Possible reversal pattern developing in weekly chart of US Dollar.
• Resistance level is around 76.59.
• Price is staying near the resistance line from the high of 88.90. So Dollar has to break above this resistance line for it to do a successful breakout from Ascending Triangle pattern.

SPY Support and Resistance levels

CHART-II

• Price broke the support level of 133.39 and made a low of 133.11.
• further fall only if day low (133.11) gets broken again.

CHART-I

• SPY has been getting support near 133.39 level. 
• Resistance is at 134.10 level.
• Price will be in a range until this level gets resolved.

SBI Intraday update

HOUR IN A CHANNEL

DAILY CHART

• 2475 - 2500 level acted as support for SBI as shown in daily chart.
• This level may act as resistance now.
• CRUDE OIL - BULLISH PRICE ACTION
  

NIFTY Support level

• Nifty support level in 15 Minutes chart.
• 5605 - 5612 has been tough to break. Bears may be able to extend gains if this level gets broken.

HDIL Triangle pattern

• HDIL daily chart is trading in a triangle pattern.
• Price may move towards the bottom support line soon.
• Since price is trading near the apex of the pattern we may see a breakout in 1 or 2 weeks.
• Price is below 200 DMA so a breakdown of the triangle may give a good short trade.
• Breakout above the resistance line can take price to its 200 DMA.