Monday, January 11, 2016

11/1/16 - EOD Analysis with Levels and Auto-Signals

Nifty 50 spot
7527.45- 7605.10- 7494.35- 7563.85
As per pre-open levels, it achieved 3 downside levels and again on upside, all 4 levels and beyond. It did not trigger Long as per D-vol levels, nor did it give chance to Sell, as opened below all downside levels. 

M 8124 7649 7875   X S
W 7835 7629 7714   X S
D 7700 7610 7647   X SS
 
H 7582 7548 7566   RST X
Monthly-Weekly-Daily continued to signal Short, though Hourly was signaling Resistance near high levels.  
Resistances: (7566-82) - (7610-29-47-49) 
Supports: (7551-48-40) - 7494 (low today)

Nifty Bank spot
15979.05 -16156.80- 15840.60- 16016.25
As per pre-open levels, it provided opportunity to short and achieved all downside levels. As per D-vol level, it opened just near the last target level. 

M 17630 16341 16910   X SS
W 16743 16240 16408   X SS
D 16377 16145 16236   X SS
 
H 16081 15977 16023   X X
Monthly-Weekly-Daily continued to signal Short, whereas Hourly stayed Neutral.
Resistances: (16023-81) - 16145 - (16236-40)
Supports: 15977 - 15840 (low today)

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