1/1/2016 - Levels to watch today after Pre-Open

Nifty 50 spot @ 7938.45
Upside   7950   7961   7968   7979
Downside   7927   7916   7909   7898

Nifty Bank spot @ 16932.50 
Upside   16965   16997   17017   1705
Downside   16900   16868   16848   16815

31/12/15 - EOD Analysis with Levels and Auto-signals

Nifty 50 spot

7897.80

-7955.55

-7891.15

-7946.35

After pre-open levels posted, it did not trigger on Downside, but achieved all 4 levels on Upside.

Maintained momentum upside on day of expiry of Dec 2015. Now SL for Long 7907.

M	8200	7727	8031	X	SPT
W	7923	7750	7855	BB	X
D	7930	7870	7907	BB	X
H	7934	7915	7928	BB	X

Monthly continued with Support at Low. Weekly-Daily and Hourly maintained strong LONG signal, in spite of comparatively bearish trend in Bank Nifty and especially SBIN. It was surprising to see Range (high-low today) of 65 points in NS, same as in BNF.

Supports: (7934-30-28-23-15) - (7870-55)

Resistances: 7956 (high today) - 8005 (100-dsma) - 8031 - 8200. 

Nifty Bank spot 

16916.05-

16972.25-

16896.65-

16922.20

With lower volatility and range today, it did trigger on upside, but not on downside. Though in Long, SBIn pulls it down and does not allow to rise. Maintain Long with SL 16908.   

M	17911	16592	17357	X	SPT
W	17063	16642	16835	BD	BPL
D	16978	16852	16908	BD	BPL
H	16961	16919	16941	X	S

Monthly supported at Low, but Weekly and Daily signaled Book in Long as Closed below respective High levels - 17063 and 16978, but suggested Buy at Decline at lows. Hourly signaled Short due to heavy selling in last hours.

Supports: (16919-11-08) - (16852-35)

Resistances: (16941-78) - 17063.  

5-dsma is at 16924, below which close has come, so be on ALERT. 

31/12/15 - Levels to watch after Pre-Open today, the last day of year 2015
and also last day of Expiry of December 2015 contracts

Nifty 50 spot @ 7897.80
Upside   7909   7921   7928   7939
Downside   7886   7875    7868    7856

Nifty Bank spot @ 16916.05Upside    16957    16997    17022    17063
Downside    16876    16835    16810    16769

Trade with EOD levels posted yesterday in combination with above levels. 

30/12/15 - Levels to watch today after Pre-Open:

Nifty 50 spot @ 7938.60 
Upside  7953    7967    7976    7990 
Downside   7924    7910    7901    7887

Nifty Bank spot @ 16997.50
Upside  17045    17092    17122    17169
Downside   16950    16903    16873    16826


 

29/12/15 - EOD Analysis with Levels and Auto-Signals

Nifty 50 spot

7929.20-

7942.15-

7902.75-

7928.95

As per pre-open levels, it did not trigger on upside, but achieved almost lower 2 levels. However, it maintained bullish stance at EOD. 

M	8200	7727	8025	X	SPT
W	7918	7750	7849	BB	X
D	7902	7843	7883	BB	X
H	7934	7917	7926	RST	X

As evident from above table, Monthly contnues with Support at its Low at 7727 and heading towards MCEma 8025. Weekly and Daily - both recovered lost ground intraday by closing above respective HEma - 7918 and 7902. Hourly was also bullish at close but averaging of last 30 minutes shows resistance near its high near 7934. Maintain Long with SL 7883. 

It has been bullish since last 9 days - i.e from 16/12/15 with Close at 7751. It was gap-up day and its target was 7962 precisely, which may be attained before month-end. It has managed to cross and close above 50-dsma at 7926. Now target may be 100-dsma at 8014. 

Nifty Bank spot

16988.30-

17045.55-

16921.15-

16991.45

As per pre-open level, it did not go beyond first level either upside or downside. However it managed to continue LONG signal with SL of 16893.  

M	17911	16592	17380	X	SPT
W	17063	16642	16858	BD	BPL
D	16965	16800	16893	BB	X
H	17015	16964	16990	RST	X

As evident from above table, Monthly continues to show support at Low near 16592. Weekly signals Buy at Decline near 16858 - WCEma. Since level of WHEma of 17063 is yet to be crossed, we ignore signal of Book in Long, and shall consider after crossing WHEma and closing below it on same day. Daily continues bullish with SL of 16893. Hourly signals resistance near its high at 17015. 

It has completed 8 days since Long signal on 17/12/15 with close of 16730. Though crossed 20-dsma at 16800, it has still to cross 50-dsma at 17118 and 100-dsma at 17354. Expiry coinciding with Month-end, let's see how 2016 turns out to be for Nifty Bank. I think, till SBI shows strength, BN may have resistances ahead.  

29/12/15 - Levels to watch after Pre-open today:

Nifty 50 spot @ 7929.20
Upside 7943   7957   7965   7979
Downside  7915   7902   7893   7880
Nifty Bank spot @ 16988.30
Upside   17031   17073   17099   17142
Downside   16946    16904   16877   16835

28/12/15 - EOD Analysis with Levels and Auto-signals

Nifty 50 spot 

7863.20-

7937.20-

7863.00-

7925.15

As per pre-open levels posted, it triggered on Upside and achieved first 3 levels in first hour and fourth level and beyond after 1 pm. Maintain Long with SL of 7860 now. 

M	8200	7727	8024	X	SPT
W	7916	7750	7848	BB	X
D	7883	7813	7860	BB	X
H	7921	7900	7915	B	X

Now Weekly and Daily are in strong Long mode with Hourly supporting it, whereas Monthly shows support near its low. Since Close today is above WHEma and DHEma we may expect nice rise before expiry on Thursday, with intra-day corrections.

Supports: (7921-16-15-13-00) - (7860-48-13)

Resistances: 7937 (High today) - 8024 - 8200. Also 7930 (50-dsma) - 8018 (100-dsma)

Nifty Bank spot  

16843.40-

17019.00-

16843.40-

16979.15

As per pre-open levels, it triggered on Upside and achieved all 4 levels today. Maintain Long with SL of 18844 now and take chance to Buy at declines.

M	17911	16592	17376	X	SPT
W	17054	16642	16854	BD	BPL
D	16925	16740	16844	BB	X
H	16973	16909	16956	B	X

Daily is clear Long signal as Close is above DHEma of 16925. Hourly has also signaled Long and Weekly signaled Buy at Decline near 16850+ region. Monthly has also signaled support. 

Supports: (16973-56-25-09) - (16854-44) 

Resistances: 17054 - 17376. 17130 is 50-dsma and 17367 is 100-dsma.  

28/12/15 - LEVELS TO WATCH AFTER PRE-OPEN TODAY:

NIFTY 50 SPOT @ 7863.20
Upside   7877    7891   7900   7914
Downside 7849   7835   7826    7812 

Nifty Bank spot @ 16843.40

Upside   16887    16930    16956    16999

Downside   16800   18757   16731   16687

24/12/15 - EOD Analysis with Levels and auto-signals 

Nifty 50 spot 

7888.75

-7888.75-

7835.50-

7861.05

After gap-up open, it did not move ahead but reacted towards 2.5 downside levels as per pre-open levels posted in morning. It looked like winding up longs ahead of long week-end. 

M	8200	7727	8003	X	SPT
W	7906	7693	7809	BD	X
D	7855	7789	7827	BB	X
H	7866	7848	7858	BPL	X

Hourly showed Book in Long as closed below its high 7866 after crossing in morning. However, Daily continued Long signal, with Close above its DHEma 7855. Weekly signaled Buy at Decline towards 7809, while Monthly signaled Support near low of 7727. Suggest to hold Long with SL 7833, or Buy at Decline near 7776, if breached. 

Supports: (7858-55-48-27-09) - (7789-76-27).

Resistances: 7866 - 7906 - 8003 - 8200.

Nifty Bank spot 

16926.95-

16939.60-

16756.90-

16811.00

After gap-up open, it did not trigger on upside, but achieved 2 levels on downside as per pre-open levels posted in morning. Low volatility with low volumes seen before long week-end.

M	17911	16592	17320	X	SPT
W	17071	16541	16792	BD	BPL
D	16878	16688	16777	BD	BPL
H	16842	16791	16818	RST	SPT

Loss of momentum at higher levels suggested long winding up ahead of long week-end, which were signaled by Hourly - with resistance near high 16842 and support near low 16791. Daily and Weekly signaled Book in Long as close below respective high values - 16878 and 17071. Monthly however maintained support near low of 16592-16600 region. 

Supports: (16792-91-77) - 16688 - (16592-41)

Resistances: (16818-42-78) - 17071. 

24/12/15 - LEVELS TO WATCH TODAY AFTER PRE-OPEN:

NIFTY 50 SPOT @ 7888.75
UPSIDE 7906 - 7923 - 7934 - 7952
DOWNSIDE 7871    7854    7843    7826 

NIFTY BANK SPOT @ 16926.95 
UPSIDE 16974 - 17020   17049   17096 
DOWNSIDE 16880  16834   16805   16758

GAP UP OPEN IN BOTH. 

23/12/15 - EOD Analysis with Levels and Auto-signals

Nifty 50 spot 

7830.45-

7871.45-

7826.10-

7865.95

As per pre-open levels posted, it did not trigger on downside but achieved 3 levels on upside. 

It did not give opportunity to Buy at Decline as indicated by Daily and Weekly yesterday.

M	8200	7727	8004	X	SPT
W	7900	7693	7810	BD	X
D	7838	7765	7810	BB	X
H	7865	7852	7859	B	X

At EOD, Hourly and Daily have ended with Long signal, whereas weekly still signals Buy at Decline. Monthly has signaled Support at lower levels of 7727. In short, one may maintain Long position with SL of 7810. 

Supports: (7865-59-52-38-10) - (7765-27)

Resistances: 7900 - 8004- 8200.    

Nifty Bank spot

16828.35-

16913.15-

16812.50-

16882.50

After pre-open, it did not trigger on downside, but achieved one and half levels only on upside. 

It was expected to Buy at Decline but it did not give opportunity as opened higher. 

M	17911	16592	17344	X	SPT
W	17071	16541	16815	BD	BPL
D	16847	16654	16759	BB	X
H	16898	16853	16874	RST	X

It did not have bigger momentum, even after higher open. However it maintained Long signal at EOD with SL of 16750. Hourly resisted a bit at higher levels, but Weekly signaled Buy at Dips with Book in Long at higher levels near 17050+. Monthly asserted Support near low 16600.

Supports: (16874-53-47-15) - 16759 - 16654 - 16541.

Resistances: 16898 - 17071 - 17344. 

Tomorrow being Weekly close, much momentum is expected in view of long week-end as well.

23/12/15 - Levels to watch after Pre-Open today:

Nifty 50 spot @ 7830.45
Upside...

7848

7866

7877

7894

Downside...

7813

7795

7784

7767

      

Nifty Bank spot @ 16828.35

Upside...

16884

16940

16974

17030

 Downside...

16773

16717

16682

16627

22/12/15 - EOD Analysis with Levels and Auto-signals

Nifty 50 spot 

7829.40-

7846.30-

7776.85-

7788.00

As per pre-open, it did not trigger on Upside, but achieved 3 downside levels. But it gave an opportunity to short near upside trigger, when went below yesterday close, targeting 7733.

M	8200	7727	7978	X	SPT
W	7892	7693	7784	BD	X
D	7822	7735	7783	BD	BPL
H	7820	7794	7803	X	S

Hourly with Short signal and Daily signalling Book in Long when broke its high of 7822. However, Daily and weekly both signaled Buy at Decline near 7735 to 7693. Monthly signaled Support near its low 7727. In short, one should re-enter Long between 7730-40 with SL 7690.

Supports: (7784-83-35-27) - 7693.

Resistances: 7794 - (7803-20-22-92).

Nifty Bank spot  

16810.70-

16946.10-

16704.15-

16749.20

As per pre-open levels, it achieved 3 upside and 2 downside levels. 

M	17911	16592	17300	X	SPT
W	17071	16541	16771	BPS	SR
D	16814	16575	16698	BD	BPL
H	16846	16763	16793	X	S

The later half-part selling took Hourly to signal Short whereas Daily signaled book in Long when it broke its high 16814. However it also signaled Buy at Decline near low 16575. Weekly has signaled opposite to Daily, as Book in Short near low at 16541 and Sell on rise near high at 17071. Monthly has suggested Support near its low 16592. In summary, it may be inferred to Long near 16600+, with SL 16540. 

Supports: 16698 - (16592-75-41).

Resistances: (16763-71-93) - (16814-46).  

22/12/15 - Levels to watch after pre-open TODAY

Nifty 50 spot @ 7829.40
Upside...

7849

7868

7880

7899

Downside...

7810

7791

7779

7760

Nifty Bank spot @ 16810.70
Upside...

16861

16912

16943

16993

Downside...

16760

16710

16678

16628

Watch these levels with EOD post of yesterday.

21/12/15 - EOD Analysis with Levels and Auto-signals:

Nifty 50 spot

7745.65

-7840.75

-7733.45

-7834.45

As per pre-open levels, it did not trigger on Downside, but achieved all 4 upside levels and beyond. As EOD was Long call, it maintained and accelerated the momentum today.

M	8200	7727	7994	X	SPT
W	7890	7693	7800	BD	X
D	7810	7714	7780	BB	X
H	7828	7809	7824	B	X

Hourly and Daily are still maintaining Long signal, whereas Weekly has signaled Buy at Decline. Monthly has asserted support near its low near 7727. Maintain Long with SL of 7780.

Supports: (7828-24-10-09-00) - (7780-27).

Resistances: 7890 - 7994 - 8200.

Nifty Bank spot

16593.40-

16848.60-

16580.65-

16825.15

Last close was just near its trigger on downside, but it managed not to trigger on downside after pre-open levels and achieved all 4 upside levels and beyond. Maintain Long with SL 16672.

M	17911	16592	17325	X	SPT
W	17039	16541	16796	BD	BPL
D	16748	16510	16672	BB	X
H	16815	16758	16798	B	X

Last week-end, weekly and daily had signaled Book in Short, and today daily signaled confirmed Long with Hourly, and Weekly signaled Buy at Decline. Monthly signaled Support @ low 16592.
Supports: 16815 - (16798-96-58-48) - 16672.

Resistances: 16848 - 17039 - 17325.