24/12/15 - EOD Analysis with Levels and auto-signals
Nifty 50 spot
| 7888.75 |
-7888.75- |
7835.50- |
7861.05 |
After gap-up open, it did not move ahead but reacted towards 2.5 downside levels as per pre-open levels posted in morning. It looked like winding up longs ahead of long week-end.
| M |
8200 |
7727 |
8003 |
X |
SPT |
| W |
7906 |
7693 |
7809 |
BD |
X |
| D |
7855 |
7789 |
7827 |
BB |
X |
|
|
|
|
|
|
| H |
7866 |
7848 |
7858 |
BPL |
X |
Hourly showed Book in Long as closed below its high 7866 after crossing in morning. However, Daily continued Long signal, with Close above its DHEma 7855. Weekly signaled Buy at Decline towards 7809, while Monthly signaled Support near low of 7727. Suggest to hold Long with SL 7833, or Buy at Decline near 7776, if breached.
Supports: (7858-55-48-27-09) - (7789-76-27).
Resistances: 7866 - 7906 - 8003 - 8200.
Nifty Bank spot
| 16926.95- |
16939.60- |
16756.90- |
16811.00 |
After gap-up open, it did not trigger on upside, but achieved 2 levels on downside as per pre-open levels posted in morning. Low volatility with low volumes seen before long week-end.
| M |
17911 |
16592 |
17320 |
X |
SPT |
| W |
17071 |
16541 |
16792 |
BD |
BPL |
| D |
16878 |
16688 |
16777 |
BD |
BPL |
|
|
|
|
|
|
| H |
16842 |
16791 |
16818 |
RST |
SPT |
Loss of momentum at higher levels suggested long winding up ahead of long week-end, which were signaled by Hourly - with resistance near high 16842 and support near low 16791. Daily and Weekly signaled Book in Long as close below respective high values - 16878 and 17071. Monthly however maintained support near low of 16592-16600 region.
Supports: (16792-91-77) - 16688 - (16592-41)
Resistances: (16818-42-78) - 17071.
