STAR - School of Technical Analysis and Research
(Search for "STARTechnalysis" on Facebook)
NIFTY SPOT, Today on 22/07/2015
OPEN HIGH LOW CLOSE
8512.25 8643.90 8498.65 8633.50
Today was trend-changing day, with assertion of Weekly strong trend maintained.
Higher High and Higher Low was seen in Weekly time-frame.
All Resistances crossed convincingly.
EOD position is as under:
HEMA LEMA CEMA B/BD S/SR
Signals of LONG were received post-half day session.
Supports now at 8618 - 8602 - 8579 - 8561 - 8499 - 8481.
Resistances at (8639-644) and then not to SHORT until 8600 breached.
BANK NIFTY SPOT:
BNS managed to cross first Resistance 18921 but could not cross second 19092.
Resistances at 19074 - 19125.
(Search for "STARTechnalysis" on Facebook)
NIFTY SPOT, Today on 22/07/2015
OPEN HIGH LOW CLOSE
8512.25 8643.90 8498.65 8633.50
Today was trend-changing day, with assertion of Weekly strong trend maintained.
Higher High and Higher Low was seen in Weekly time-frame.
All Resistances crossed convincingly.
EOD position is as under:
HEMA LEMA CEMA B/BD S/SR
| M | 8639 | 8136 | 8481 | RST | X |
| W | 8561 | 8334 | 8499 | B | X |
| D | 8618 | 8512 | 8579 | B | BPS |
| H | 8628 | 8602 | 8619 | B | X |
Supports now at 8618 - 8602 - 8579 - 8561 - 8499 - 8481.
Resistances at (8639-644) and then not to SHORT until 8600 breached.
BANK NIFTY SPOT:
| OPEN | HIGH | LOW | CLOSE |
| 18683.30 | 19038.15 | 18613.60 | 18997.00 |
At weekly level, it breached last week low and but could not close above last week close.
EOD levels are as under:
HEMA LEMA CEMA B/BD S/SR
| M | 19125 | 17650 | 18638 | BPL | X |
| W | 18945 | 18324 | 18783 | B | X |
| D | 19074 | 18736 | 18932 | BD | BPS |
| H | 18975 | 18894 | 18954 | B | X |
Supports at (18932-954-945) - 18783 - 18638.