Thursday, May 12, 2016

12/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7871.45
7916.05
7849.65
7900.40
Pivot @ 7888.70 and MP @ 7882.85. Close > PP > MP. It achieved first level upside and beyond and tried to touch downside trigger as per pre-open. As per D-Vol theory, it triggered on upside and achieved 2 levels upside.  
M
7922
7441
7770
BD
X
W
7895
7697
7811
B
X
D
7880
7797
7855
BB
X

H
7900
7877
7889
BB
X
Hourly and Daily have continued with signal Long, with Weekly also joining before week-end. Monthly continued to signal to Buy at Decline. Closed above even 200-dsma @ 7823, which would be support. 7846 is also 20-dsma and 7847 is 5-dsma.
Supports: (7895-89-80-77-55-11) - (7797-70)
Resistances: (7900-16-22)  

Nifty Bank spot
16881.25
16962.00
16779.50
16923.70
Pivot @ 16888.40 and MP @ 16870.75. Close > PP > MP. It achieved upside and downside trigger levels as per pre-open but not beyond. As per D-Vol theory, it achieved 3 levels upside after trigger. 
M
16870
15391
16450
B
X
W
16729
16104
16531
B
X
D
16802
16558
16734
BB
X

H
16933
16855
16894
BPL
X
Hourly suggested Book in Long as closed below its High after crossing it, but may be ignored as this is weighted close of last 30-minutes. Daily-Weekly-Monthly have signal of Long. 200-dsma at 16612 would also act as support. 
Supports: (16894-70-55-02) – (16734-29)

Resistances: (16933-62)

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