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.