22/12/15 - EOD Analysis with Levels and Auto-signals
Nifty 50 spot
| 7829.40- |
7846.30- |
7776.85- |
7788.00 |
As per pre-open, it did not trigger on Upside, but achieved 3 downside levels. But it gave an opportunity to short near upside trigger, when went below yesterday close, targeting 7733.
| M |
8200 |
7727 |
7978 |
X |
SPT |
| W |
7892 |
7693 |
7784 |
BD |
X |
| D |
7822 |
7735 |
7783 |
BD |
BPL |
|
|
|
|
|
|
| H |
7820 |
7794 |
7803 |
X |
S |
Hourly with Short signal and Daily signalling Book in Long when broke its high of 7822. However, Daily and weekly both signaled Buy at Decline near 7735 to 7693. Monthly signaled Support near its low 7727. In short, one should re-enter Long between 7730-40 with SL 7690.
Supports: (7784-83-35-27) - 7693.
Resistances: 7794 - (7803-20-22-92).
Nifty Bank spot
| 16810.70- |
16946.10- |
16704.15- |
16749.20 |
As per pre-open levels, it achieved 3 upside and 2 downside levels.
| M |
17911 |
16592 |
17300 |
X |
SPT |
| W |
17071 |
16541 |
16771 |
BPS |
SR |
| D |
16814 |
16575 |
16698 |
BD |
BPL |
|
|
|
|
|
|
| H |
16846 |
16763 |
16793 |
X |
S |
The later half-part selling took Hourly to signal Short whereas Daily signaled book in Long when it broke its high 16814. However it also signaled Buy at Decline near low 16575. Weekly has signaled opposite to Daily, as Book in Short near low at 16541 and Sell on rise near high at 17071. Monthly has suggested Support near its low 16592. In summary, it may be inferred to Long near 16600+, with SL 16540.
Supports: 16698 - (16592-75-41).
Resistances: (16763-71-93) - (16814-46).
