1/3/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7038.25

7235.50

7035.10

7222.30

Pivot @ 7184.30 and MP @ 7135.30. As per pre-open levels, it achieved all upside levels without trigger on downside level and also as per D-Vol, and much beyond. One more simple clue to note that when market opens above previous day close, MP and Pivot, and market moves above Open, it's Long for intraday with targets of previous day (High+Range/2) and (High+Range).

M	7711	7224	7460	X	S
W	7346	6998	7219	BD	BPS
D	7147	6983	7095	BB	X
H	7188	7165	7183	B	X

Monthly, on its first day, has continued with signal of Short, whereas Weekly has signaled Book in Short with Buy at Decline. Daily and Hourly are in clear Long signal. Market has moved 410 points from yesterday's low to today's high, so wait for opportunity to enter at retracement.

Supports: 7219 - (7188-83-65-47) - 7095 - (6998-83)

Resistances: 7224 - 7346 - 7460. 

Nifty Bank spot

14064.80

14445.70

14064.80

14412.90

Pivot @ 14307.80 and MP @ 14255.25. It was Open = Low, so Long signal since open and achieved all upside levels as per D-Vol and pre-open levels and beyond. 

M	16110	14770	15346	X	S
W	14860	13901	14452	X	BPS
D	14219	13783	14066	BB	X
H	14363	14285	14337	B	X

Though Monthly continued with signal short, Weekly signaled Book in Short and Daily and Hourly in clear Long signal. Nifty Bank has moved 1038 points since yesterday low, so wait for some dip to long again. 

Supports: (14363-337) - (14285-219) - 14066 -13901.

Resistances: 14452 - 14770 - 14860.