Monday, July 20, 2015

Review for 20/07/2015 and views for tomorrow...


NIFTY SPOT, today on 20/07/2015,
OPEN HIGH LOW CLOSE
8623.90 8624.10 8559.00 8603.45
Opened at Resistance and went down till second support.
Recovery in second half of the day did not sustain.
HEMA LEMA CEMA B/BD S/SR
M 8638 8136 8471 RST X
W 8554 8354 8489 B X
D 8585 8519 8563 B X
H 8607 8578 8593 RST X
Resistance at MHEma 8638 is stronger, with formation of Lower-High-Lower Low today. Book profits in Longs at higher levels.
Supports near 8593 - (8585-78) - (8563-54).

BANK NIFTY SPOT, today on 20/07/2015
OPEN HIGH LOW CLOSE
19126.10 19149.05 18852.70 19032.70
Resistance faced at Open today and took support near 3rd level as mentioned on Friday. formation of Lower (High-Low-Close) seen today suggests to book profit on rise.
HEMA LEMA CEMA B/BD S/SR
M 19125 17650 18650 BPL X
W 18945 18403 18795 B X
D 19087 18846 18987 RST X
H 19038 18945 18997 RST X
As seen in above Table, Resistance seen near 19038 - 087 - 125.
Supports at (18997-87) - 18945 - 18846 - 18795.