Nifty Futures technical chart updated for 19th May 2015, Tuesday At 4:00 pm.

NIFTY FUTURES

Nifty futures is on the verge of breaking its head and shoulder pattern in hourly chart, technical indicates further strength can be see in intraday if it holds above its trend line resistance as shown in above image.

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If it fails to hold above then can see some intraday correction from its trend line.

Bank nifty futures buy with stop loss golden ratio, intraday chat updated on 18th May 2015, Monday at 3:00 pm.

BANK NIFTY FUTURES

Bank Nifty futures is trading above its golden ratio resistance and also 200 hours moving average in intraday chart, technical indicates one can use its previous resistance as stop loss and can go long. As long as it holds above bulls will be favored and further strength can be seen in intraday.

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Bank nifty will now find next strong resistance at its previous top.

Yes Bank can see buying if breaks its pattern, chart updated on 18th May 2015, Monday.

YES BANK

Yes bank stuck in a range bound pattern, technical indicates as long as it is moving in between its pattern trend will be mix, sharp movement can be seen once it comes out from its range.

Close watch stock is trying to break its resistance as shown above.

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Visit link to see BPCL stock market chart for 18th May 2015.

BPCL stock market chart updated at 18th May 2015, Monday.

BPCL

BPCL has formed head and shoulder pattern in daily charts, technical indicates it moved up from its strong support zone i.e 200 days moving average and trend line support zone at indicate in above stock market chart.

Currently BPCL is finding strong neckline resistance at current levels, this indicates once stock closes and holds above then bulls will be favored and further price rise can be seen in BPCL, weakness expecting if failed to holds above its neckline.

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Aditya birla nuvo stock market tips India updated on 18th May 2015, Monday.

ADITYA BIRLA NUVO

Stock witnessing selling pressure from its major resistance i.e its previous top, technical indicates as long as it holds below bears will be favored and further selling can be seen in coming days. Bulls will be favored once it closes above its recent high. Visit our site for more stock market tips on Indian stock markets.

Nifty futures day trading update at 18th May 2015, Monday at 1:04 pm

NIFTY FUTURES

Nifty futures chart has formed head and shoulder pattern in intraday chart, technical indicates sharp movement expecting once it comes out from its pattern.

So far nifty futures trading above 100 hours moving average as well as MACD indicator, this will favor bulls.