13/1/16 - EOD analysis with Levels and auto-signals 

Nifty 50 spot

7557.90-

7590.95-

7425.80-

7562.40

Unique day with huge volatility and pin-bar candle at EOD, which is long-legged doji, considered bullish. It achieved first 2 levels on upside as per pre-open levels and then downside trigger and downside all 4 levels and beyond and again on upside. 

Considering D-Vol levels, it opened above first target on upside and achieved all targets upside and then triggered downside and achieved all targets downside and again triggered upside to achieve all targets upside. At EOD, it is just on verge of likely break-out upside. 

M	8124	7627	7875	X	S
W	7835	7607	7713	X	S
D	7639	7521	7588	BPS	SR
H	7562	7502	7538	B	X

Though Weekly and Monthly still under Short signals, Daily has signaled Book in Shorts and Sell on Rise, but Hourly has signaled Long. Considering overall market trend, it seems prudent to get out of short and wait for an opportunity to Long soon, with suggested levels. 

Resistances: 7588 - (7607-27-39) - 7713.

Supports: (7538-21-02) - 7425 (low today)

Nifty Bank spot 

15835.05

-15956.25-

15532.25-

15871.85

Same story as per Nifty 50. Huge volatility and long-legged bullish candle. Achieved targets as per pre-open and D-Vol - on both sides, as posted in morning. 

M	17630	16239	16862	X	SS
W	16743	16138	16360	X	SS
D	16171	15842	16003	BPS	SR
H	15869	15700	15799	B	X

Though Monthly and weekly are still with Short signal, Daily has signaled Book in Short and Sell on Rise, with Hourly suggesting Long, as closed above HrHEma. 

Resistances: 16003 - (16138-171) - 16239.

Supports: 15869 - (15799-700) - 15532 (low today)