Monday, March 14, 2016

14/03/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7542.60 7583.70 7515.05 7538.75
Pivot @ 7545.83 and MP @ 7549.38. Close on first day of week, is below Open of the Week, but not below last close, so watch for last weekly close of 7510 to be breached, below which may expect till 7442. Achieved 2 upside levels as per pre-open and level up as per D-Vol, and trigger on downside, but no other level achieved today. Weakness portrayed, but trend not yet weak.

M 7828 7224 7566   X SPT
W 7510 7265 7429   B X
D 7534 7448 7496   BB X
 
H 7547 7525 7533   X X
Hourly has been neutral after crossing last week high. Daily and Weekly are still showing Long, so as close is above 7534/7510. Monthly signaled support at low. Long near 7450. 
Resistances: (7547-66) - 7584 - 7601 (PMH)
Supports: (7534-25-15) - (7496-48-29)

Nifty Bank spot
15309.05 15416.15 15220.15 15277.80
Pivot @ 15304.70 and MP @ 15318.15. Close below both Pivot and MP and also below Open today, so may test support levels downside. Achieved 2 levels upside as per D-Vol and trigger as per pre-open, but not beyond. Did not trigger on downside as per any theory. Be Cautious.

M 16445 14770 15634   X SPT
W 15304 14583 15024   RST X
D 15320 15045 15179   BD BPL
 
H 15316 15247 15279   X X
Monthly showed support near low 14770. Weekly signaled Resistance at high near 15304. Daily signaled Book in Long after crossing 15320- DHEma and closing below it, with Buy at Decline near 15045. Hourly has been neutral. Weakness portrayed. Be Cautious. 
Resistances: 15279 - (15304-16-20) - 15417.
Supports: (15247-20) - 15179 - 15024 -14770.  
 
 

 

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