Tuesday, March 08, 2016

8/3/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7486.40 -7527.15- 7442.15- 7485.30
Pivot and MP= Close @ 7485. As per pre-open levels, it achieved 3 upside levels and 3 downside levels. However, it just triggered on upside as well on downside as per D-Vol but not further.  

M 7809 7224 7548   X SPT
W 7467 7146 7366   B X
D 7426 7333 7395   BB X
 
H 7495 7463 7478   BD X
Monthly showed support whereas Weekly and Daily continued signal of Long whereas Hourly signaled Buy at Declines near 7463 - HrLEma. Maintain Long with strict SL of 7395. 
Supports: (7478-67-63-26) - (7395-66)
Resistances: 7495 - (7528-48). 

Nifty Bank spot
15323.45- 15326.65- 15066.50- 15146.50
Pivot @ 15180 and MP @ 15196. As per D-Vol, it triggered upside and downside trigger but not beyond, however as per pre-open levels, it did not trigger on upside, but triggered on downside and achieved almost 2 levels. Maintain Long with SL of 14975.  

M 16445 14770 15591   X SPT
W 15239 14289 14889   RST X
D 15099 14760 14975   BB X
 
H 15211 15120 15155   X SPT
Monthly and Hourly suggested support at respective lows - 14770 and 15120. Weekly resisted at high near 15239. However close above 15099 continued Long signal at Daily level. It has made lower high and higher low at Daily level, hence high-low of Friday - 15452-15005 to be watched.
Supports: 15120 - 15099 - 14975 - 14889.
Resistances: (15211-39) - 15327 - 15452 - 15991.


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