24/11/15 - EOD analysis with levels and signals in different time-frames:
Nifty 50 spot:
NS has weakened and closed below 5-CEma. Prices are moving within range of HEma and LEma. Though Monthly showing support near 7815, Weekly has given Short signal and Daily shows "Sell on Rise" with "Book in Short" near 7803. Hourly shows Short signal.
Nifty Bank has weakened and also moves within range of HEma and LEma. Though Monthly shows support near 16794 (16800), Weekly and Daily have given signals of "Sell on Rise" with "Book in Short". Hourly remains Short.
Nifty 50 spot:
| 7837.00 | -7870.35- | 7812.65- | 7831.60 |
| M | 8310 | 7815 | 8036 | X | SPT |
| W | 7991 | 7832 | 7898 | X | S |
| D | 7875 | 7803 | 7835 | BPS | SR |
| H | 7856 | 7833 | 7844 | X | S |
NS has weakened and closed below 5-CEma. Prices are moving within range of HEma and LEma. Though Monthly showing support near 7815, Weekly has given Short signal and Daily shows "Sell on Rise" with "Book in Short" near 7803. Hourly shows Short signal.
Resistances: (7835-44-56-75-98) -7991 - 8036
Supports: (7815-03).
Nifty Bank spot:
| 17012.85- | 17108.40- | 16964.90- | 16988.65 |
| M | 18108 | 16794 | 17427 | X | SPT |
| W | 17343 | 16913 | 17118 | BPS | SR |
| D | 17152 | 16932 | 17024 | BPS | SR |
| H | 17059 | 16997 | 17027 | X | S |
Resistances: 16997 - (17024-27-59) - (17108-152)
Supports: (16932-13) - 16794.
