Friday, February 12, 2016

EOD ANALYSIS WITH LEVELS AND AUTO-SIGNALS AT WEEK-END

Nifty 50 spot
7023.65-7034.80-6869.00-6980.95
Interesting to watch pre-open levels achieving all downside levels on downside and beyond without trigger on upside in this bearish trended markets, with D-Vol levels on downside too. 

M794973337577  XSS
W760172387360  XSS
D722970777134  XSS
 
H700969476975  BDX
Again major time-frames Monthly-Weekly-Daily signalling clear Short after making important swing low near 6850, it would be interesting to watch markets ahead. Hourly suggesting Buy at Decline near its low near 6947 and low made today near 6869. Though over-sold in smallest time-frame, market is not yet out of red and one must not long till close above DLEma - 7077.
Resistances: (7009-77) - (7229-38) 
Supports: (6975-47) - 6869. 

Nifty Bank spot
14088.60-14154.55-13810.60-13971.50
With almost all downside levels achieved as per pre-open and D-Vol theory, it attempted to trigger on upside with great efforts, but failed, which signals basic bearish approach not yet to be abandoned. Time and thrust - both needed to pierce on upside. 

M169421525715821  XSS
W157511474615044  xSS
D146311426414383  XSS
 
H140901392013995  XSPT
Major time-frames Monthly-Weekly-Daily signalling strong Short, Hourly has suggested support near its low 13920 as well as low of today at 13810. One must watch DLEma 14264 to be crossed at close in coming days to get out of red-signals.
Resistances: 13995 - 14090 - 14264 - 14384.
Supports: 13920 - 13810.

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