27/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7942.00

7991.00

7940.55

7979.90

Pivot @ 7570.48 and MP @ 7965.78. LTP > PP > MP is Bullish. As per pre-open, it did not trigger on downside but achieved 3 levels upside. As per D-Vol, it triggered upside, but could not reach any further level. Undertone is bullish, but may be cautious ahead of events overseas.

M	7925	7322	7748	BB	X
W	7880	7676	7825	BB	X
D	7949	7865	7925	BB	X
H	7982	7964	7974	RST	X

Hourly signaled some resistance at higher levels but is nearby. Daily-Weekly-Monthly continued with signal of Long. First signal of weakness may be below 7949 - DHEma. 

Supports: (7974-64-49-25) - (7880-65-25) - 7748.

Resistances: 7991. Last swing high was at 7978.45, above which Close has come today, so expect upside till 8130+. Calculation = 7978.45 + (7978.45 - 7822.55) = 8134.35.

Nifty Bank spot

16869.35

16995.00

16827.35

16872.95

Pivot @ 16898.43 and MP @ 16911.18. LTP < PP < MP, Bearish today. As per pre-open, it achieved 2 upside levels and as per D-Vol, it achieved 2 downside levels. Market looks bit weak and cautious ahead of events overseas.

 

M	16825	14993	16239	B	X
W	16558	15888	16380	BB	X
D	16828	16576	16744	BB	X
H	16933	16861	16894	X	SPT

Hourly showed support at lower level - 16860. Daily-Weekly-Monthly continued to signal Long.

Supports: (16861-28-25) - 16744 - 16558.

Resistances: 16894 -16995 - 17030. Concern is that today is has not touched yesterday's close, which was Highest Close (17003) in current up-run.