Nifty: Short-term breakout above 11,100; otherwise cautious Resistance at 11,222 and then at 11,400.
19
Nifty closed at 11,075.9; up by 0.85% on Friday and 1.18% Positive for the week.
Daily
Trading range at 10,700 – 11,100 zones. Breakout above 11,100 should find resistance of 200 DsMA at
11,222 and then gap resistance at 11,400. Current bearish trend should turn bullish only on strength above
100 DsMA at 11,456 otherwise sell-on-rise sentiment should be observed.
Date: 14.9.
Weekly
Likely 1-2-3 bullish pullback of the bearish trend should continue during the next week. Symmetrical
triangle pattern in the weekly chart showing uncertainty. Strength above upper trend line of the said
pattern at 11,090 – 11,100 should target rising trend line resistance at 11,350 – 11,380 zones which
should be a sell-on-rise opportunity. Breakout failure above 11,100 and then weakness below 5 WsMA
at 10,984 should attract supply. Structural bullish only on strength above 20 WsMA at 11,423 targeting
previous pivot high at 12,103. Target of the current bearish trend should be at rising trend line support
of 10,250.
 Nifty Options Data Date: 14.9.19
On the options front, maximum open interest was seen at SEP 10,800 PUT ; followed by SEP 11,000 PUT & SEP 10,600 PUT. Maximum OI addition was seen at SEP 11,200 CALL; followed by
SEP 11,400 CALL & SEP 10,900 PUT .

Nifty Weekly Supports & Resistances

Res 4 Res 3 Res 2 Res 1 Pivot Sup 1 Sup 2 Sup 3 Sup 4

11,600 11,406 11,211 11,143 11,016 10,948 10,822 10,627 10,432

Nifty Moving Average Levels
5 Daily SMA: 11,008 5 Monthly SMA: 11,385
5 Weekly SMA: 10,984
10 Daily SMA: 10,950 10 Monthly SMA: 11,278
10 Weekly SMA: 11,128
20 Daily SMA: 10,967 20 Monthly SMA: 11,040
20 Weekly SMA: 11,423
50 Daily SMA: 11,204 50 Monthly SMA: 9,706
50 Weekly SMA: 11,114
100 Daily SMA: 11,456 100 Monthly SMA: 8,061
100 Weekly SMA: 10,910
200 Daily SMA: 11,222 200 Monthly SMA: 5,800
200 Weekly SMA: 9,761
500 Daily SMA:10,848

Bank Nifty Moving Average Levels

5 Daily SMA: 27689
5 Weekly SMA: 27590
10 Daily SMA:27404 5 Monthly SMA: 29376
10 Weekly SMA: 28428
20 Daily SMA: 27602 10 Monthly SMA: 28832
20 Weekly SMA: 29510
50 Daily SMA: 28790 20 Monthly SMA:27475
50 Weekly SMA: 28185
100 Daily SMA: 29580 50 Monthly SMA:23103
100 Weekly SMA: 27080
200 Daily SMA: 28637 100 Monthly SMA:17952
200 Weekly SMA:23316
500 Daily SMA: 26905
Bank Nifty Options Data
On the options front, maximum open interest was seen at SEP 28,000 CALL; followed by SEP 27,000 PUT & SEP 28,000 PUT. Maximum OI addition was seen at SEP 28,000 PUT; followed by
SEP 28,100 CALL & SEP 27,800 PUT.

Bank Nifty Weekly Supports & Resistances

Res 4 Res 3 Res 2 Res 1 Pivot Sup 1 Sup 2 Sup 3 Sup 4

31138 30035 28872 28485 27739 27352 26606 25473 24340

 Bank Nifty: Buy on dips and avoid short on sustenance above 27600
Bank-Nifty closed at 28098.70; up by 1.01% on Friday and 3.12% Positive for the week.

Daily Weekly

Write-up Write-up
Bank Nifty has registered bullish engulfing like candlestick pattern indicates continuation of up move above Formation of morning star like candlestick pattern indicates positive momentum and above 28428 can
28126 mark. On the upside 28637 should act as supply zone and any attempt to move above this level can add further momentum to take the price higher. Resistance stands at 28600 and support stands at 27590
take the price further up. Immediate resistance stands at 28790 and support stands at 27500 level. mark.
 Nifty Mid-Cap Index (Weekly): Continued bullish above 16153 level

Nifty Mid-Cap Index closed at 15967.40; up by 0.53%

on Friday and 2.31% Positive for the week.

Write-up
Nifty Midcap index formed big bull candle signifies
positive bias and sustenance above 16041 can take
the price further up towards 16400 mark. Resistance
stands at 16787 mark and support stands at 15558.

MidCap Moving Average Levels

Simple Moving Averages
5 Daily SMA: 15839
5 Weekly SMA: 15679 5 Monthly SMA: 16630
10 Daily SMA: 15667
10 Weekly SMA: 15979 10 Monthly SMA: 17048
20 Daily SMA: 15636
20 Weekly SMA: 16738 20 Monthly SMA: 17846
50 Daily SMA: 16153
50 Weekly SMA: 17094 50 Monthly SMA: 16587
100 Daily SMA: 16842
100 Weekly SMA: 18271 100 Monthly SMA: 12765
200 Daily SMA: 17119
200 Weekly SMA: 16787
500 Daily SMA: 18298
 Nifty Small-Cap Index (Weekly): Cautious below 5650. Structural bullish on strength above 5850. Date: 14.9.19

Nifty Small-Cap Index closed at 5,618.7;

up by 0.73% on Friday and 3.2% Positive
for the week.

Strong trend-line resistance zones at

5,650 – 5,780 zones. Heavy headwind
expected below 5,800.
Structural bullish on strength only
above 5,850; which should target 100
WsMA at 7,094. Continued bearish on
weakness below 5,650. with channel
breakdown target at 4,500.

Small-Cap100 Moving Average Levels

Simple Moving Averages
5 Daily SMA: 5,536
5 Weekly SMA: 5,443
10 Daily SMA: 5,460
10 Weekly SMA: 5,579 5 Monthly SMA: 5,866
20 Daily SMA: 5,426
20 Weekly SMA: 5,952 10 Monthly SMA: 6,099
50 Daily SMA: 5,648
50 Weekly SMA: 6,138 20 Monthly SMA: 6,705
100 Daily SMA: 6,010
100 Weekly SMA: 7,094 50 Monthly SMA: 6,566
200 Daily SMA: 6,147
200 Weekly SMA: 6,662
500 Daily SMA: 7,150
 DATE TIME CURR EVENTS ACTUAL FORECAST PREVIOUS
Monday, September 16, 2019
Holiday Malaysia - Malaysia Day
Holiday Japan - Respect for the Aged Day
Holiday Mexico - Independence Day
21:00 USD 3-Month Bill Auction 1.92%
21:00 USD 6-Month Bill Auction 1.83%
Tuesday, September 17, 2019
18:45 USD Industrial Production (YoY) (Aug) 0.48%
18:45 USD Industrial Production (MoM) (Aug) 0.20% -0.20%
18:45 USD Manufacturing Production (MoM) (Aug) 0.20% -0.40%

Wednesday, September 18, 2019

All Day Chile - Independence Day
18:00 USD Building Permits (MoM) (Aug) 8.40%
18:00 USD Housing Starts (MoM) (Aug) -4.00%
20:00 USD Cushing Crude Oil Inventories -0.798M
23:30 USD FOMC Economic Projections
23:30 USD FOMC Statement
23:30 USD Fed Interest Rate Decision 2.25%
Thursday, September 19, 2019
All Day Chile - Army Day
14:00 GBP Core Retail Sales (YoY) (Aug) 2.60% 2.90%
14:00 GBP Core Retail Sales (MoM) (Aug) -0.20% 0.20%
18:00 USD Continuing Jobless Claims 1,672K 1,670K
19:30 USD Existing Home Sales (Aug) 5.38M 5.42M
19:30 USD Existing Home Sales (MoM) (Aug) -0.60% 2.50%
Friday, September 20, 2019
All Day Chile - National Holiday
20:50 USD FOMC Member Rosengren Speaks