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

Nifty 50 spot

7831.20

7873.90

7772.15

7860.75

Pivot @ 7835.60 and MP @ 7823.03. Close > PP > MP. It achieved two levels downside as on upside as per pre-open levels and as per D-Vol theory, it triggered downside and achieved first target and then triggered upside and achieved two upside targets.  

M	7922	7441	7757	BD	X
W	7888	7722	7808	BD	X
D	7878	7786	7848	BD	X
H	7844	7811	7833	B	X

Hourly signaled Long but Daily-Weekly-Monthly all suggested to Buy at Declines.

It seems to be two-way journey between High-Low in Daily time-frame.  

It closed above 200-dsma @ 7816 and 20-dsma @ 7852. 7862.54 is 5-dsma.

Supports: (7848-44-33-11-08) – (7786-57-22)

Resistances: (7874-78-88) - 7922. 

Nifty Bank spot

16744.15

16780.05

16431.65

16737.55

Pivot @ 16649.75 and MP @ 16605.85. Close > PP > MP. It achieved all four downside levels as per pre-open as well D-Vol theory, and also triggered upside but not beyond 

M	16870	15391	16388	RST	X
W	16746	16213	16554	RST	X
D	16815	16524	16731	BD	X
H	16674	16559	16635	BB	X

Hourly signaled LONG whereas Daily signaled Buy at Decline, but Weekly and Monthly suggested Resistances at highs – 16746-16870.

200-dsma at 16589 would also act as support. 

Resistances: (16746-78-80) – (16815-70)

Supports: (16674-35) – (16559-24) – 16431.