15/1/16 - EOD Analysis with Levels and Auto-Signals
Nifty 50 spot
| 7561.65- |
7566.50- |
7427.30- |
7437.80 |
Though it opened above D-Vol trigger, it did not trigger Upside level as per pre-open and signaled downside trigger in very first hour on downside, as per both the studies and achieved all downside levels and beyond.
| M |
8124 |
7627 |
7833 |
X |
SS |
| W |
7835 |
7607 |
7672 |
X |
SS |
| D |
7607 |
7473 |
7527 |
X |
SS |
|
|
|
|
|
|
| H |
7509 |
7468 |
7478 |
X |
SS |
As evident from table, it is absolutely SHORT under all time-frames and below recent swing lows except of 7425, low made on 13/1/16. With no support in nearby zone, it remains "sell on rise", till crosses any of Low-Emas as per table, at respective time-frame.
Resistances: (7468-73-78) - (7509-27) - (7607-27-72)
Nifty bank spot
| 15621.85 |
-15650.70- |
15154.35 |
-15206.30 |
After pre-open, it never trigger on upside as per any studies and plunged to trigger downside from first hour and achieved all downside levels and beyond, as per both reports.
| M |
17630 |
16113 |
16640 |
X |
SS |
| W |
16743 |
16012 |
16138 |
X |
SS |
| D |
15916 |
15526 |
15650 |
X |
SS |
|
|
|
|
|
|
| H |
15459 |
15318 |
15356 |
X |
S |
As all time-frames are aligned towards "Short" and no averages nor swing lows supports are nearby, we have to resort to "Sell on Rise", as per levels.
Resistances: (15318-356) - 15459 - 15526 - 15650.
Only one thing to remind all that when there is no ray of hope as per levels, some news may come up to stun up all, with unreasonable levels, so do not try to short at lower levels.
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