Thursday, April 28, 2016

28/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7967.40 7992.00 7834.45 7847.25
Pivot @ 7891.23 and MP @ 7913.23. As per pre-open, it achieved upside level and reversed on downside to achieve all levels and much beyond. As per D-Vol, it did not trigger on upside, but triggered on downside and achieved all levels. Trend reversed following global event.  

M 7925 7322 7704   BPL X
W 7881 7676 7781   BPL X
D 7964 7855 7899   X SS
 
H 7915 7878 7890   X SS
Monthly and Weekly signaled Book in Long as closed below respective Highs 7925-7881 after crossing. Daily and Hourly have signaled clear Short as closed below respective Lows 7855-7878. One may remain Short till closes below 7900 - DCEma.
Resistances: (7855-78-81-90-99) - (7915-25-64)
Supports: 7834 - (7781-04) - 7676.

Nifty Bank spot 
16885.80 17023.35 16692.70 16716.90
Pivot @ 16810.98 and MP @ 16858.03. As per pre-open, it achieved 2 upside levels and 3 downside levels. As per D-Vol also, it achieved 2 upside and 3 downside levels.

M 16825 14993 16187   RST X
W 16558 15888 16328   B X
D 16893 16615 16735   X SR
 
H 16838 16747 16785   X SS
Monthly has signaled Resistance near High at 16825 as unable to cross current high 17067. However, Weekly continued to signal Long as close is above its High at 16558. May be fast rise is getting corrected before major break on either side. Daily has signaled Sell on Rise near 16900. Hourly has signaled Short as closed below its low - 16747.  
Resistances: (16735-47-85) - (16825-38-88-93)
Supports: (16692-15) - 16558.  

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