21/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7953.65

7978.45

7884.10

7912.05

Pivot @ 7924.87 and MP @ 7931.28. Trend reversed for PP and MP today after long run upside for 6 days. After gap-up open, it touched almost 2 levels upside and then triggered downside to achieve all 4 downside levels, as per pre-open levels. As per D-Vol, it achieved 2 upside and one downside level. We may further see fall of 80/100 points for reversal again on upside.

M	7921	7322	7726	BPL	X
W	7825	7602	7752	BB	X
D	7893	7807	7856	BB	X
H	7938	7907	7920	X	SPT

Monthly signaled Book in Long as closed below MHEma 7921 after crossing it.However Weekly and Daily maintained Long signal with Hourly suggesting support at low near 7900. 

Resistances: (7920-21-38-79) 

Supports: 7907 - (7893-56-25-07) - 7726.

Nifty Bank spot

16526.55

16769.55

16526.55

16637.15

Pivot @ 16644.42 and MP @ 16648.05. It was stronger than Nifty and held nifty up today. It achieved all 4 upside levels after gap-up open as per pre-open levels, without trigger on downside. As per D-Vol, it touched 3rd and 4th level upside, without giving opportunity to long.

M	16738	14993	16161	RST	X
W	16322	15546	16111	BB	X
D	16402	16147	16307	BB	X
H	16699	16607	16653	X	BPS

Monthly showed resistance at high near MHEma 16738. Weekly and Daily continued to show Long signal, whereas Hourly signaled Book in Short near 16600+. 

Supports: 16607 - 16526 - 16402 - 16307.

Resistances: (16653-99) - (16738-70)