Thursday, February 04, 2016

4/2/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7411.45 -7457.05- 7365.95- 7404.00
As per pre-open levels, touched first level upside and retreated to touch downside level. It achieved all upside levels as per D-Vol. Keep SL for shorts at 7470 at EOD level now.  

M 7949 7494 7718   X   S
W 7645 7422 7521     X   S
D 7490 7394 7429   BPS   SR
 
H 7429 7383 7405     X   SPT
Hourly has signaled support at low level whereas Daily has signaled Book in Shorts, with Sell on Rise near 7490. Weekly and Monthly continue signal of Short. Close above 7422 tomorrow will signal Book in Short at Weekly level, so watch it closely. 
Resistances: (7405-22-29-90-94) - 7521.
Supports: (7394-83) - (7365-50 - Lows of last 2 days). 
First signal to book in short is if it makes Higher low than 7265 tomorrow. 

Nifty Bank spot
14969.20- 14978.35- 14761.40- 14869.15
After gap-up open, it did not trigger on upside but achieved first level on downside. As opened above second level as per D-Vol, it did not achieve any further level upside, but touched downside first level.  

M 16942 15573 16120   X S
W 15942 15214 15483   X S
D 15221 14953 15050   X SS
 
H 14928 14813 14870   X SPT
Hourly signals support at lower level, as made new low but closed above yesterday close. However daily-Weekly-Monthly have continued with Short signals. First signal to book in short is at Close above 14953 - DLEma, much better if closes above 15214 WLEma tomorrow. 
Resistances: (14928-53) - 15050 - (15214-21)
Supports: 14813 - (14777-761 - Lows of last 2 days). 

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