10/12/15 - EOD Analysis with Levels and Signals
NIFTY 50 SPOT
| 7643.30- |
7691.95- |
7610.00- |
7683.30 |
It achieved 2 downside levels after pre-open levels posted and achieved all 4 upside levels, as expected yesterday. However, it maintained signal of Short at EOD with SL of 7714 now.
| M |
8200 |
7746 |
7943 |
X |
S |
| W |
7945 |
7744 |
7817 |
X |
SS |
| D |
7761 |
7681 |
7714 |
BPS |
SR |
|
|
|
|
|
|
| H |
7672 |
7645 |
7663 |
BB |
X |
Monthly is still in Short mode, with Weekly supporting the same. However, Daily has signaled Book in Short as Closed above DLEma 7681, but suggesting to Sell on Rise near 7761 - DHEma. Hourly has signaled Long as Closed above HrHEma - 7672.
Resistances: ((7714-44-46-61) - 7817 - (7943-45)
Supports: (7681-72-63-45) - 7540 (swing low of 8/9/15).
NIFTY BANK SPOT
| 16697.20- |
16745.25- |
16573.15- |
16714.00 |
As per pre-open levels, it took support after downside 4 levels achieved and triggered first upside level. However, it managed to signal Short at EOD with SL of 16816.
| M |
17911 |
16720 |
17288 |
X |
S |
| W |
17315 |
16793 |
17000 |
X |
SS |
| D |
16927 |
16746 |
16816 |
X |
SS |
|
|
|
|
|
|
| H |
16713 |
16643 |
16686 |
B |
X |
Monthly-Weekly-Daily still showing Short signal, whereas Hourly has signaled Long as closed above HrHEma -16713. If it manages to close above 16746 - DLEma, it would signal Book in Short. Being weekly close tomorrow, Close above 16793 would also signal same as Daily. Even in Monthly, close above 16720 would signal Book in Short. Better to be cautious in Short.
Resistances: (16720-46-93) - 16816 - (16911-27)
Supports: (16686-43).
