CEATLTD Is Bullish Above 1150NSE:CEATLTD formed double bottom pattern with 1138 as its neckline. RSI Bullish Divergence can also be seen with pivot R1 of this month and prior gapdown acting as resistance. Highest call OI is at 1150. So, based on above observations NSE:CEATLTD will be bullish if it sustains above 1150 with good volume. If it reverses from R1, it can fall until Central Pivot Point.
Supply and Demand
ACC is at a Major Resistance 1500NSE:ACC looking bearish as it approached major resistance level of 1500. Trendline resistance, Supply area, Pivot R1 of this month, Fibonacci 0.618 are acting as confluence of resistances. Highest Put OI at 1500 strike. A bearish candlestick pattern will confirm the reversal and bearishness. If it reverses, 1394 is expected.
HEXAWARE, WYCKOFF ACCUMULATION, LONG POSITIONALPOSITION SIZING 130 QTY FOR EVERY RS.100K CAPITAL
Major Sign of Strength seen and now waiting for Backing up action
NUMBERS TO KNOW BEFORE MARKETS OPEN THIS WEEK (SPECIAL POST)WEEKEND SPECIAL: NUMBERS TO KNOW BEFORE THE OPENING BELL TOMORROW 24/12/2018
At 7.10 PM IST, 23rd DEC 2018,
GLOBAL MARKETS UPDATE
NORTH AMERICA
Dow Jones Industrial (USA) 22,445.37|−414.23 (1.81%)|
Dow Jones Transportation (USA) 8,874.79|−155.15 (1.72%)|
Dow Jones Utility (USA) 722.38 |−7.04 (0.97%)|
NASDAQ100 (USA) 6,046.56|−196.64 (3.15%)|
S&P500 (USA) 2,416.58|−50.84 (2.06%)|
TSX Composite (Canada) 13,935.44|−206.33 (1.46%)|
EUROPE
FTSE 100 (UK) 6,721.17|+9.24 (0.14%)|
DAX (Germany) 10,633.82|+22.72 (0.21%)|
CAC 40 (France) 4,694.38|+1.93 (0.041%)|
SOUTH AMERICA
IBOVESPA (Brazil) 85,697.15|+427.86 (0.50%)|
ASIA
Nikkei (Japan) 20,166.19|−226.39 (1.11%)|
Hang Seng (Hong kong) 25,753.42|+129.89 (0.51%)|
KOSPI (Korea) 2,061.49|+1.37 (0.066%)|
Straits (Singapore) 3046|-4.58 (0.15%)|
Taiwan Index 9,646.16|−28.36 (0.29%)|
SET (Thailand) 1,595.33|−0.77 (0.048%)|
IDX (Indonesia) 6,163.60|+15.72 (0.26%)|
SSE (China) 2,516.25 |−20.02 (0.79%)|
KSE100 (Paksitan) 38251|+14 (0.04%)|
SGX Nifty 10755.50
BACK HOME,
Previous day advances/declines/unchanged issues:
NSE: 534/1246/81
Nifty50: 5/45/0
Nifty500: 124/369/8
Nifty Bank: 2/10/0
INDIA VIX = 15.99 (+11.58% in last session)
NiftyOPTIONS-27th DEC
MAX OI CE 11000, 10900
MAX OI PE 10000, 10500
NIFTY50 (SPOT)
PREVIOUS DAY OPEN: 10944.25
PREVIOUS DAY CLOSE: 10754
PREVIOUS DAY HIGH: 10963.65
PREVIOUS DAY LOW: 10738.65
PREVIOUS WEEK OPEN: 10853.20
PREVIOUS WEEK CLOSE: 10754
PREVIOUS WEEK HIGH: 10985.15
PREVIOUS WEEK LOW: 10738.65
INTRADAY FIBONACCI LEVELS (24/12/2018)
FINAL SUPPLY ZONE 11044
SECOND SUPPLY ZONE 10957
FIRST SUPPLY ZONE 10905
PIVOT POINT 10819
FIRST DEMAND ZONE 10734
SECOND DEMAND ZONE 10682
FINAL DEMAND ZONE 10594
WEEKLY FIBONACCI LEVELS
FINAL SUPPLY ZONE 11073
CONTINUE READING : tradersworld.co.in
BANK NIFTY OUTLOOK FOR COMING SESSIONSBANK NIFTY VIEW:
25650/25900 which would act a immediate resistance in coming days. Beyond this BNF has resistance @ 26400-26500 range.
A bounce from current level is possible. Else at the lower side, it has good demand zone at 24450-24150 range where we can buy BNF for the resistance level targets.
The channel bottom is marked @ 23400 level.
Note: Moving beyond this needs a fresh view. The chart and view is for education purpose only.
-KG