16/02/2016 - EOD analysis with Levels and auto-Signals

Nifty 50 spot

7201.25-

7204.65-

7037.70-

7048.25

It was second consecutive gap-up open today, which normally suggests to be cautious till upside-trigger as per pre-open signals positive move. Once again, it did not trigger on upside but achieved all downside levels as per pre-open as well as per D-Vol level and beyond. It was one-day reversal yesterday, which has proposed more downside likely in coming days.

M	7949	7333	7600	X	SS
W	7469	7171	7256	X	S
D	7211	7060	7112	X	SS
H	7114	7072	7085	X	S

Once again, all time-frames aligned in one direction -with short signal. 

Resistances: (7072-60-85) - (7112-14-71)

Supports: 7037 - 6960 - 6869. 

Nifty Bank spot  

14602.25-

14602.25

-14136.80-

14166.45

Though it opened with gap-up, it did not trigger on upside and started correcting and triggered on downside with all levels achieved on downside as per D-Vol and pre-open levels. 

M	16942	15257	15886	X	SS
W	15368	14538	14752	X	S
D	14603	14190	14324	X	SS
H	14316	14217	14252	X	SS

All time-frames aligned to show short. Trade as per levels above.

Resistances: 14190 - (14217-52) - (14316-24)

Supports: 14136 - 13970 - 13811.