31/12/15 - EOD Analysis with Levels and Auto-signals
Nifty 50 spot
| 7897.80 |
-7955.55 |
-7891.15 |
-7946.35 |
After pre-open levels posted, it did not trigger on Downside, but achieved all 4 levels on Upside.
Maintained momentum upside on day of expiry of Dec 2015. Now SL for Long 7907.
| M |
8200 |
7727 |
8031 |
X |
SPT |
| W |
7923 |
7750 |
7855 |
BB |
X |
| D |
7930 |
7870 |
7907 |
BB |
X |
|
|
|
|
|
|
| H |
7934 |
7915 |
7928 |
BB |
X |
Monthly continued with Support at Low. Weekly-Daily and Hourly maintained strong LONG signal, in spite of comparatively bearish trend in Bank Nifty and especially SBIN. It was surprising to see Range (high-low today) of 65 points in NS, same as in BNF.
Supports: (7934-30-28-23-15) - (7870-55)
Resistances: 7956 (high today) - 8005 (100-dsma) - 8031 - 8200.
Nifty Bank spot
| 16916.05- |
16972.25- |
16896.65- |
16922.20 |
With lower volatility and range today, it did trigger on upside, but not on downside. Though in Long, SBIn pulls it down and does not allow to rise. Maintain Long with SL 16908.
| M |
17911 |
16592 |
17357 |
X |
SPT |
| W |
17063 |
16642 |
16835 |
BD |
BPL |
| D |
16978 |
16852 |
16908 |
BD |
BPL |
|
|
|
|
|
|
| H |
16961 |
16919 |
16941 |
X |
S |
Monthly supported at Low, but Weekly and Daily signaled Book in Long as Closed below respective High levels - 17063 and 16978, but suggested Buy at Decline at lows. Hourly signaled Short due to heavy selling in last hours.
Supports: (16919-11-08) - (16852-35)
Resistances: (16941-78) - 17063.
5-dsma is at 16924, below which close has come, so be on ALERT.
