27/1/2016 - EOD Analysis with Levels and auto-Signals
Nifty 50 spot
Opened above D-Vol trigger, but could not trigger upside as per pre-open levels. It also protected downside trigger as per D-Vol method, so status of Long is maintained.
Hourly shows support at lower levels but Daily signaled Book in Long after crossing High of 7472 and closed below it. However trend is Up and signals Buy at Decline near 7376. Weekly and Monthly are still signalling Short, so Expiry would not likely to be positive.
As per pre-open levels, it did not trigger upside and downside 2 levels achieved. However, it has continued to remain bullish.
Hourly is still neutral and Daily signaled Book in Long as closed below DHEma after crossing it.
Nifty 50 spot
| 7469.60- | 7477.90- | 7419.70- | 7437.75 |
| M | 8124 | 7565 | 7833 | X | SS |
| W | 7638 | 7463 | 7538 | X | S |
| D | 7472 | 7376 | 7413 | BD | BPL |
| H | 7456 | 7430 | 7442 | X | SPT |
Supports: (7430-19-13) - 7376.
Resistances: (7442-56-63-72) - 7538.
Nifty Bank spot
| 15648.40- | 15673.95- | 15442.20- | 15534.60 |
| M | 17630 | 15980 | 16750 | X | SS |
| W | 16130 | 15542 | 15794 | X | S |
| D | 15609 | 15307 | 15433 | BD | BPL |
| H | 15575 | 15507 | 15538 | X | X |
Daily signaled Buy at Decline near low near 15300+. Weekly and Monthly have continued to signal short, so this expiry is not more expected on upside.
Supports: 15507 - 15433 - 15307.
Resistances: (15538-542-575) - 15609 - 15794.
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