Monday, December 21, 2015

22/12/15 - Levels to watch after pre-open TODAY

Nifty 50 spot @ 7829.40
Upside...
7849 7868 7880 7899
Downside...
7810 7791 7779 7760

Nifty Bank spot @ 16810.70
Upside...
16861 16912 16943 16993
Downside...
16760 16710 16678 16628

Watch these levels with EOD post of yesterday.
21/12/15 - EOD Analysis with Levels and Auto-signals:

Nifty 50 spot
7745.65 -7840.75 -7733.45 -7834.45
As per pre-open levels, it did not trigger on Downside, but achieved all 4 upside levels and beyond. As EOD was Long call, it maintained and accelerated the momentum today.

M 8200 7727 7994   X SPT
W 7890 7693 7800  BD X
D 7810 7714 7780  BB X
 
H 7828 7809 7824   B X
Hourly and Daily are still maintaining Long signal, whereas Weekly has signaled Buy at Decline. Monthly has asserted support near its low near 7727. Maintain Long with SL of 7780.
Supports: (7828-24-10-09-00) - (7780-27).
Resistances: 7890 - 7994 - 8200.

Nifty Bank spot
16593.40- 16848.60- 16580.65- 16825.15
Last close was just near its trigger on downside, but it managed not to trigger on downside after pre-open levels and achieved all 4 upside levels and beyond. Maintain Long with SL 16672.

M 17911 16592 17325   X SPT
W 17039 16541 16796   BD BPL
D 16748 16510 16672   BB X
 
H 16815 16758 16798    B X
Last week-end, weekly and daily had signaled Book in Short, and today daily signaled confirmed Long with Hourly, and Weekly signaled Buy at Decline. Monthly signaled Support @ low 16592.
Supports: 16815 - (16798-96-58-48) - 16672.
Resistances: 16848 - 17039 - 17325.