23/12/15 - EOD Analysis with Levels and Auto-signals
Nifty 50 spot
| 7830.45- |
7871.45- |
7826.10- |
7865.95 |
As per pre-open levels posted, it did not trigger on downside but achieved 3 levels on upside.
It did not give opportunity to Buy at Decline as indicated by Daily and Weekly yesterday.
| M |
8200 |
7727 |
8004 |
X |
SPT |
| W |
7900 |
7693 |
7810 |
BD |
X |
| D |
7838 |
7765 |
7810 |
BB |
X |
|
|
|
|
|
|
| H |
7865 |
7852 |
7859 |
B |
X |
At EOD, Hourly and Daily have ended with Long signal, whereas weekly still signals Buy at Decline. Monthly has signaled Support at lower levels of 7727. In short, one may maintain Long position with SL of 7810.
Supports: (7865-59-52-38-10) - (7765-27)
Resistances: 7900 - 8004- 8200.
Nifty Bank spot
| 16828.35- |
16913.15- |
16812.50- |
16882.50 |
After pre-open, it did not trigger on downside, but achieved one and half levels only on upside.
It was expected to Buy at Decline but it did not give opportunity as opened higher.
| M |
17911 |
16592 |
17344 |
X |
SPT |
| W |
17071 |
16541 |
16815 |
BD |
BPL |
| D |
16847 |
16654 |
16759 |
BB |
X |
|
|
|
|
|
|
| H |
16898 |
16853 |
16874 |
RST |
X |
It did not have bigger momentum, even after higher open. However it maintained Long signal at EOD with SL of 16750. Hourly resisted a bit at higher levels, but Weekly signaled Buy at Dips with Book in Long at higher levels near 17050+. Monthly asserted Support near low 16600.
Supports: (16874-53-47-15) - 16759 - 16654 - 16541.
Resistances: 16898 - 17071 - 17344.
Tomorrow being Weekly close, much momentum is expected in view of long week-end as well.
