Review - 14/07/2015 and markets ahead...

NIFTY SPOT: Today on 14/07/2015
OPEN HIGH LOW CLOSE
8470.60 8480.25 8424.10 8454.10
After break-out on upside, it moved sideways without much momentum. Maintain LONG with SL of 8426.

        HEMA      LEMA      CEMA      B/BD   S/SR
M 8611 8136 8421 BD     X
W 8465 8252 8381 RST     X
D 8457 8376 8426 BPL     X

H 8466 8439 8450 X     X
Faced Resistance near 100-dsma near 8460 and also WHEma.
Hourly Resistance and DHEma have nearby resistances. Once crossed convincingly, may head towards 8611 - MHEma.
Supports at (8439-8426-8421) - (8381-8376).

BANK NIFTY SPOT:

Today on 14/07/2015
OPEN HIGH LOW CLOSE
18913.75 18940.85 18734.40 18780.20
Managed today above specified level - 18700.

HEMA LEMA CEMA B/BD S/SR
M 19042 17650 18566 BD X
W 18748 18179 18547 B X
D 18838 18601 18737 BPL X

H 18852 18768 18797 X SS
Last hours showed some sell-off and profit-booking at EOD.
Resistances are at (18838-852) - 19042.
Supports are at 18768 - (18748-737) - 18601.