Monday, November 23, 2015

23/11/15 - EOD Analysis with Levels and Signals:

Nifty 50 spot:
7869.50  -7877.50 -7825.20- 7849.25

M 8310 7815 8042    X SPT
W 7991 7836 7904   X SPT
D 7877 7798 7837  BD BPL
 
H 7863 7845 7854   X SPT
Monthly and Weekly finding supports near Low @ 7815-7836, with Buy at Decline signal in Daily near low near 7798. Hourly support at 7845 if breached, may find lower levels.
Resistances : (7854-63-77) - (7904-91)
Supports: ((7845-36-15) - 7798.

Nifty Bank spot:
17120.25-  17126.35- 16969.35- 17060.25

M 18108 16794 17451  X SPT
W 17343 16915 17141  BPS SR
D 17174 16916 17041  BD BPL
 
H 17100 17040 17064  X X
Monthly showing support near 16794, whereas Weekly suggesting Book in Short near 16915 and Sell on Rise near 17343. Daily also offers Buy at Decline near 16916 and Book in Long near 17174. 
Hourly remains neutral.
Resistances: (17100-141-174) - 17343 - 17451.
Supports : ((17041-40) - (16916-15) - 16794.