Thursday, January 28, 2016

28/01/2016 - EOD Expiry day Analysis with Levels and auto-Signals

Nifty 50 spot
7426.50- 7468.85- 7409.60- 7424.65
Though day of Expiry, erratic movements did not allow trend to assert and D-Vol levels or pre-open levels did not achieve any targets. However it showed mixed trend.

M 8124 7565 7829   X     SS
W 7638 7460 7534   X   S
D 7471 7387 7417   BD   BPL
 
H 7459 7429 7442   RST   S
Hourly showed Short and Resistance at high near 7460. Daily signaled Book in Long with Buy at Decline near lows 7387. Weekly and Monthly maintained Short. 
Resistances: (7429-42-59-60-71) - (7534-65)
Supports: 7417 - 7387 - 7242 (swing low)

Nifty Bank spot
15569.55- 15572.20- 15349.75- 15381.45
Neither d-Vol nor pre-open levels triggered upside but achieved 3 levels on downside.

M 17630 15980 16699   X   SS
W 16130 15512 15743   X   S
D 15597 15321 15416   BPS   SR
 
H 15539 15437 15473   X   SS
Hourly signaled Short whereas daily signaled Book in Short near low 15321, with Sell on Rise near 15600. Weekly and Monthly continued with Short.
Resistances: (15416-37-73) - (15512-97)
Supports: (15350-321)

 

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