29/03/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7606.55

7652.90

7582.25

7597.00

Pivot @ 7810.72 and MP @ 7617.58. After pre-open, it triggered on downside, but not further and achieved 2 upside levels. Trigger on both sides were applied by D-Vol theory, which is not been useful now-a-days. 

M	7883	7224	7585	BD	SPT
W	7643	7433	7559	BPL	X
D	7686	7590	7629	BPS	SR
H	7633	7598	7611	X	S

After holding strong till last hour, ultimately it gave way to bears, as Hourly confirmed Short in last hour. However, Daily suggested Book in Short and Sell on Rise, whereas Weekly suggested Book in Long, having closed below WHEma after crossing it. Monthly showed support near lows and suggested Buy at Declines. 

Resistances: 7598 - (7611-29-33-43-86) - 7883.

Supports: (7590-85-59) - 7433 - 7224. 

Nifty Bank spot 

15583.10 15774.10 15580.80 15666.25

Pivot @ 15673.72 and MP @ 15677.45. It was stronger than Nifty and held markets high. As per pre-open levels or D-Vol, it did not trigger on downside, but achieved 3 upside levels as per both theories. However, it gave up major gains during last 2 hours. 

M	16617	14770	15764	X	SPT
W	15690	15146	15496	RST	X
D	15823	15591	15701	BPS	SR
H	15733	15652	15685	X	SPT

Monthly continued to show support near lows, whereas Weekly signaled Resistance at high near 15690. Daily suggested Book in Short with Sell on Rise and Hourly suggested support near its low 15650. Contradictory signals in different time-frames, so be cautious.

Resistances: (15685-90) - (15701-33-64-75)

Supports: 15652 - 15591 - 15496.