Tuesday, March 15, 2016

15/03/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7535.85 7545.20 7452.80 7460.60
Pivot @ 7486.20 and MP @ 7499. As per pre-open levels, it did not trigger on upside but triggered on downside and achieved all 3 downside levels. Same was for D-Vol levels and achieved 2 downside levels without triggering on upside level.

M 7828 7224 7540   X SPT
W 7510 7244 7403   BPL X
D 7538 7450 7484   X SR
 
H 7485 7467 7474   X S
The move today was as expected as posted yesterday - Book in Long. Monthly continued with Support at lower levels and and Weekly continued with Book in Long at higher level. Daily signaled Sell on Rise today above 7500+ and Hourly signaled Short. 

Resistances: (7467-74-84-85) - (7538-40)
Supports:  (7450-42-03) - (7244-24)

Nifty Bank spot 
15310.45 15386.85 15268.10 15326.80
Pivot @ 15327.25 and MP @ 15327.48. It did not trigger on either Upside or downside as per Pre-open levels posted and triggered upside level as per D-Vol, but not achieved any level upside. However, bearish trend seen in Nifty was not reflected in Nifty Bank.

M 16445 14770 15651 X SPT
W 15304 14583 15040 B X
D 15342 15119 15229 BD BPL
 
H 15353 15297 15326 BD X
Monthly showed support at lows near 14770 and Weekly signaled Long so long as close is above 15304. Close below it would signal Book in Long. Daily signaled Book in Long and Buy at Decline in both Daily as well as Hourly. 

Resistances: (15342-53-87) - 15651.
Supports: (15297-68-29) - 15119 - 15040.  



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