5/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7736.30

7736.30

7588.65

7603.20

Pivot @ 7642.72 and MP @ 7662.48. Without trigger on upside as per either pre-open or D-Vol theory, it triggered on downside and achieved all 4 levels as per both theories. Long converted to Short as below 7718. 

M	7850	7346	7623	X	X
W	7690	7485	7599	RST	X
D	7741	7641	7679	X	SS
H	7665	7625	7640	X	SS

Hourly and Daily changed Signal to Short from Long once went below 7718. Weekly also suggested Resistance at higher level of 7741. Monthly became Neutral and awaiting clear trend. Resistances: (7623-25-40-41-65-79-90) - 7741
Supports: 7588 - 7485. 20/50/100 dsma between 7600 to 7584.  

Nifty Bank spot

16127.45

16147.15

15659.75

15695.00

Pivot @ 15833.97 and MP @ 15903.45. Without trigger on upside as per either pre-open or D-Vol theory, it triggered on downside and achieved all 4 levels as per both theories. Long converted to Short on this eventful day of RBI policy. 

M	16574	15066	15846	X	X
W	15973	15317	15676	RST	X
D	16162	15837	15950	X	SS
H	15906	15784	15822	X	SS

Hourly and Daily changed Signal to Short from Long once went below 16078. Weekly also suggested Resistance at higher level of 15973. Monthly became Neutral and awaiting clarity.
Resistances: 15784 - (15822-37-46) - (15950-73).
Supports: (15676-60) - 15317. 20-dsma @ 15632 and previous week low @ 15522.