Thursday, April 07, 2016

7/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7630.40 7630.75 7535.85 7546.45
Pivot @ 7571.02 and MP @ 7583.30. No trigger on upside but downside trigger and all 4 levels achieved as per pre-open and 3 levels as per D-Vol. Third day from bearish trend started. 

M 7850 7328 7604    X X
W 7690 7467 7580   RST X
D 7681 7595 7621    X SS
 
H 7585 7554 7567    X SS
Hourly and Daily with clear Short signal and weekly with Resistance at high at 7690. Monthly is neutral after bullish month last month. 7406 is 50-dsma awaited. 
Resistances: (7554-67-80-85-95) - (7604-21-90)
Supports: 7535 - (7467-06)

Nifty Bank spot
15668.95 15726.60 15458.05 15530.75
Pivot @ 15571.80 and MP @ 15592.33. As per pre-open, it triggered on upside but retrieved back without any target achieved and triggered on downside to achieve all levels downside. As per D-Vol, it triggered on both sides but achieved one level on downside only. 3rd bearish day.

M 16574 14999 15792    X X
W 15973 15250 15621   RST X
D 15929 15653 15741    X SS
 
H 15644 15545 15587    X SS
Hourly and Daily are with clear Short signal and Weekly shows resistance at high level. Monthly is neutral after bullish last month. 15061 is 50-dsma. 
Resistances: (15545-87) - (15621-53) - (15741-92)
Supports: 15250 - 15061 - 14999.   
 

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