Thursday, March 17, 2016

17/3/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7557.40 7585.30 7479.40 7512.55
Pivot @ 7525.75 and MP @ 7532.35. It achieved first level upside after gap-up open and resisted near second level, but ultimately gave way to down ward 3 levels. As per D-Vol also, it touched 3rd upside levels but did not trigger on downside.

M 7828 7224 7552  X SPT
W 7511 7228 7420   B X
D 7547 7450 7497   BD BPL
 
H 7554 7515 7532   X SS
Hourly has shown Short signal. Daily also suggested Book in Long below 7547 but held Buy at Declines near 7450 - DLEma. Weighted Close of last 30 minutes managed to show Long as per weekly. Monthly continued support near low - 7224. 
Resistances: (7515-32-47-52-54-62-85) - 7828. 
Supports: 7511 - (7497-79-50-20). Weekly close tomorrow may assert trend further.

Nifty Bank spot 
15622.30 15704.75 15312.50 15444.00
Pivot @ 15487.08 and MP @ 15508.63. As per pre-open levels, it achieved first level but gave up later on downside to achieve all 4 downside levels. It opened gap-up near first level upside as per D-Vol and reached second level, but ultimately gave up and triggered on downside and approached first level but could not cross further. 

M 16529 14770 15690   X SPT
W 15401 14569 15079   B X
D 15496 15197 15352   BD BPL
 
H 15593 15456 15521   X SS
Hourly is under Short signal having closed below HrLEma - 15456. Daily suggested Book in Long once moved below 15496 - DHEma. However it holds Buy at Decline near 15197 - DLEma. Last 30 minutes weighted Close managed Weekly to continue showing Long signal, which would be confirmed by tomorrow's movement. Monthly continued showing support near its low after resistance near its MCEma - 15690. 
Resistances: (15456-96) - (15521-93) - 15690.
Supports: 15401 - (15352-12) - 15197 - 15079. 
 

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