10/03/16 - EOD Analysis with Levels and auto-Signals for NS/BNS

Nifty 50 spot

7545.35

-7547.10-

7447.40-

7486.15

Pivot @ 7493.55 and MP @ 7497.25. After gap-up open, it was almost open=high in hourly and signaled Short. It did not trigger on upside but triggered on downside and achieved all downside levels. Even as per D-Vol, it did not trigger upside but triggered on downside and achieved 2 levels on downside post-trigger. 

M	7815	7224	7548	X	SPT
W	7473	7140	7366	B	X
D	7492	7392	7456	BD	BPL
H	7499	7471	7484	BD	X

In Hourly, it signaled Buy at Decline near 7470 level. However, it signaled Book in Long in Daily as closed below DHEma 7492 after crossing it. Weekly continued with Long signal whereas Monthly suggested Support at lows. It seems that correction has started from level it touched Monthly Close EMA - 7548. More correction may happen if closes below 7456 - DCEma.

Resistances: (7492-99) - 7548.

Supports: (7484-73-71-56) - (7392-66)

Nifty Bank spot

15347.45

15354.15

15098.50

15180.65

Pivot @ 15211.10 and MP @ 15226.33. It opened with gap-up and at trigger upside as per D-Vol, but it made Open = High in Hourly and corrected on downside to trigger and achieve first level as per pre-open levels as well as D-Vol levels. 

M	16445	14770	15602	X	SPT
W	15248	14264	14901	RST	X
D	15236	14924	15111	BD	BPL
H	15245	15160	15198	X	SPT

It suggested support at Monthly at low - 14770, which is far-off and in Hourly at 15160. However it signaled Book in Long as per Daily, as Closed below DHEma 15236 after crossing it. Daily also suggests Buy at Decline near its low - 14924. Weekly signaled Resistance at high 15248.

Resistances: 15198 - (15236-45-48) - 15602.

Supports: (15160-11) - (14924-01).