EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7203.60-

7208.65-

6959.95-

6976.35

Nothing to say about levels as all downside levels achieved and much beyond, without any trigger on upside - either as per D-Vol or as per Pre-open levels.

M	7949	7363	7576	X	SS
W	7601	7268	7359	X	SS
D	7326	7181	7211	X	SS
H	7095	7035	7046	X	SS

All time-frames under strong Short signal, with way below even Low-Ema in each time-frame. 

From Hourly, close above 7035, for Daily, close above 7181 will only show Reversal signal. Till then, all rises shall be signal to sell on rise. However good opportunity for very short term traders, to play both sides, as per levels. 

Nifty Bank spot 

14518.65-

14530.80-

13969.85

-14028.55

Nothing to say about levels as all downside levels achieved and much beyond, without any trigger on upside - either as per D-Vol or as per Pre-open levels.

M	16942	15310	15840	X	SS
W	15751	14799	15063	X	SS
D	14869	14491	14588	X	SS
H	14338	14162	14203	X	S

All time-frames showing strong short signal. At Hourly, close above 14162 may show pause on downside, whereas at daily, it needs close above 14491, which looks too far as of now. Till then, trading opportunities to sell on rise and book at new lows.  

Other parameters and studies showing oversold zone are not presently considered, till they show positive divergence.