25/02/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7029.85

-7034.20

-6961.40-

6970.60

As per pre-open levels, it did not trigger on upside but triggered on downside and achieved all 4 levels. As per D-Vol, it did not trigger on upside, but achieved first downside level after trigger.

M	7949	7333	7574	X	SS
W	7402	7084	7197	X	S
D	7133	7040	7066	X	SS
H	7006	6976	6986	X	SS

All time-frames aligned to signal Short, with SL of 7066 at EOD. First signal to Book in Short will come only after Close above 7040 - DLEma. Better may be 7084 at weekly level for tomorrow. 

Resistances: (6976-86) - (7006-40-66-84) - (7133-97)

Support lies at 6869 - low made on 12/2/16. 

Nifty Bank spot

13844.45-

13844.45-

13519.90-

13555.70

It did not trigger on upside either as per d-Vol or as per pre-open levels, but triggered on downside and achieved all levels on downside. BN looks weaker than Nifty. 

M	16942	15160	15682	X	SS
W	15068	14148	14393	X	SS
D	14128	13842	13904	X	SS
H	13728	13629	13654	X	SS

All time-frames are aligned with signal of strong short, with SL of 13904 at EOD. Signal to look for reversal are at 13842 - DLEma for Book in Short signal. 

Resistances: (13629-54) - 13728 - (13842-45). No apparent support nearby.