Friday, March 04, 2016

4/3/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7505.40- 7505.90- 7444.10- 7485.35
Pivot @ 7478.45 and MP @ 7475. As per pre-open levels, it did not trigger on upside, but after trigger on downside, it achieved all 3 levels downside. However, it was within upside and downside trigger as per D-Vol theory. Stay Long with SL 7350 or 7406. 

M 7802 7224 7548   X SPT
W 7436 6998 7306   B BPS
D 7376 7279 7350   BB X
 
H 7494 7458 7473     BPL X
Monthly showed Support near its low near 7224, whereas Weekly signaled Long as closed above 7436. Daily was also Long as closed above 7376 - DHEma. However Hourly signaled Book in Long as closed below its High after crossing it. With long week-end, profit booking is advised.

Nifty Bank spot  
15243.75- 15451.75- 15005.50- 15339.20
Pivot @ 15265.48 and MP @ 15228.63. Closed above both. As per pre-open levels, it triggered on downside initially and achieved 3 levels on downside and resumed upside to trigger upside and achieved second level. It also achieved 2 levels upside as per D-Vol theory.

M 16445 14770 15655   X SPT
W 15196 13901 14761   B BPS
D 14986 14607 14890   BB X
 
H 15322 15186 15251   B X
Monthly showed support at its low near 14770. Weekly and Daily and Hourly - all are under strong Long signal as closed above respective Highs. Stay Long with SL of 15000.  


 

No comments: