14/12/15 - EOD ANALYSIS WITH LEVELS AND SIGNALS
NIFTY 50 SPOT OHLC
In "short", it opened gap-down and did not touch any downside level as per levels posted after pre-open but achieved all upside levels and beyond.
Though it did not touch SL level, but it definitely signaled Book in Short in Daily time-frame, but continued Short signal in Weekly and Monthly. In Hourly, it shows Resistance at high near 7654.
It opened gap-down but without touching any downside level, it achieved all Upside levels and beyond. However, it did not sustain at higher levels near DLEma and gave up the gains.
It maintained Short in Monthly-Weekly-Daily time-frames, but maintained Neutral in Hourly.
NIFTY 50 SPOT OHLC
| 7558.20- | 7663.95- | 7551.05- | 7650.05 |
| M | 8200 | 7727 | 7932 | X | S |
| W | 7852 | 7673 | 7745 | X | S |
| D | 7716 | 7614 | 7670 | BPS | SR |
| H | 7654 | 7619 | 7642 | RST | X |
Next levels to watch is cluster of (7654-70-73) for more bullish move.
Supports: (7642-19-14) and 7551 (Low made today) and swing low 7540.
Resistances: (7654-70-73) - (7716-27-45).
Supports: (7642-19-14) - (7551-40)
NIFTY BANK SPOT OHLC
| 16212.40- | 16440.85- | 16205.80- | 16350.65 |
| M | 17911 | 16598 | 17167 | X | S |
| W | 17024 | 16527 | 16701 | X | SS |
| D | 16727 | 16458 | 16556 | X | SS |
| H | 16400 | 16336 | 16360 | X | X |
Resistances: 16360 - (16400-458) - (16527-56-98).
Support: 16336 - 16206 (low today) - 16192 (swing low 10/9/15)
