3/12/15 - EOD Analysis with Levels and Signals ::
Nifty 50 spot
| 7902.30 |
-7912.30- |
7853.30- |
7864.15 |
Gap-down Open and could not cross 7922, which was SL for Long. It also did not touch even Upside trigger of 7919, as per pre-open levels.
| M |
8200 |
7828 |
8004 |
X |
X |
| W |
8006 |
7839 |
7912 |
RST |
X |
| D |
7941 |
7881 |
7903 |
X |
SS |
|
|
|
|
|
|
| H |
7899 |
7874 |
7883 |
X |
SS |
At EOD, Monthly is Neutral and Weekly signals Resistance at high near 8006. Daily and Hourly have clear Short signal. Maintain SL of 7903 as SL for Short.
Resistances: (7874-81-83-99) - (7912-41).
Supports: (7839-28-13). Below all major averages, hence all rises meant for shorting.
Nifty Bank spot
| 17137.80- |
17219.00- |
17080.25- |
17110.10 |
Gap-down Open, but managed to cover 2 Upside levels as per Pre-open levels. But since it was Short as per EOD yesterday, SL of 17269 did not trigger.
| M |
17911 |
16889 |
17420 |
X |
X |
| W |
17457 |
16969 |
17213 |
BPS |
SR |
| D |
17345 |
17145 |
17216 |
X |
SS |
|
|
|
|
|
|
| H |
17194 |
17123 |
17149 |
X |
SS |
Monthly has no signal but Weekly suggests Book in Short near 16969 and Sell on Rise near 17457. daily and Hourly signals clear Short with SL of 17216.
Resistances: (17123-45-49-94) - (17213-16) - 17345.
Supports: 16969 - 16889. As below all main averages, scenario is of sell on rise.
