6/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7636.05

7638.65

7591.75

7614.35

Pivot @ 7614.92 and MP @ 7615.20. It did not breach yesterday low but had almost sideways movement thru day. Open was above trigger as per D-Vol, but had no follow-up and triggered on downside with same result. Two downside levels achieved as per Pre-open levels.

M	7850	7346	7626	X	X
W	7690	7485	7603	RST	X
D	7707	7625	7658	X	SS
H	7629	7602	7615	X	X

After an eventful day yesterday, Hourly were Neutral and Daily continued with Short signal. Weekly signaled resistance at high near 7690, whereas Monthly was neutral. 

Resistances: (7615-25-26-29-58-90) - 7707.

Supports: 7602 - (7588-91) - 7580 (100-dsma). 

Nifty Bank spot

15750.15

15768.55

15578.55

15636.95

Pivot @ 15661.35 and MP @ 15673.55. Opened above trigger as per D-Vol, but did not have any follow-up. Triggered on downside with same result. As per pre-open levels, achieved all downside levels. Weakness was more in Bank-Nifty than in Nifty. 

M	16574	15039	15827	X	X
W	15973	15290	15656	RST	X
D	16031	15751	15846	X	SS
H	15705	15618	15652	X	X

Hourly did not signal on either side with Daily remaining in Short. Weekly continued to signal resistance at high whereas Monthly was neutral. 

Resistances: (15652-56) - (15705-51) - 15827.

Supports: (15659-18) - 15578 - 15290.