Tuesday, January 12, 2016

12/1/16 - EOD Analysis with Levels and Auto-Signals

Nifty 50 spot
7587.20 -7588.30- 7487.80- 7510.30
Though market opened above trigger of Long, based on D-Vol levels, pre-open levels triggered Downside immediately after open, and since High made was just near Open today, the latest signal may be considered more. It achieved all 4 levels on downside and beyond.

M 8124 7647 7857   X SS
W 7835 7627 7696   X SS
D 7663 7569 7601   X SS
 
H 7527 7504 7516   X X
Monthly-Weekly-Daily continued with Signal of Short, whereas Hourly was Neutral due to rise in last 30 minutes. Stay short with SL of 7601. 
Resistances: (7516-27-69) - (7601-27-47-96)
Supports: 7504 - 7487. 

Nifty Bank spot
16080.40- 16080.40- 15699.40- 15734.80
Here also though it opened above trigger of long, as per D-Vol levels, pre-open levels triggered Downside immediately after Open = High, the latest levels suggested by pre-open need to be followed. Ultimately, it achieved all downside levels as per both studies. 

M 17630 16294 16816   X SS
W 16743 16193 16314   X SS
D 16278 15997 16069   X SS
 
H 15836 15751 15785   X S
Resistances: (15751-785) - 15836 - 15997 - 16069.
Supports: 15699 (low today) 

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