Monday, December 28, 2015

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.  

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