17/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7896.85

7940.10

7886.65

7890.75

Pivot @ 7905.83 and MP @ 7913.38. Close < PP < MP. It achieved three levels upside as per D-Vol, as Open was above Trigger. As per pre-open levels, it triggered upside but not beyond. Trend is moving between Daily High-Low – 7899 to 7820.  

M	7930	7441	7767	RST	X
W	7910	7722	7818	RST	X
D	7899	7820	7862	BD	BPL
H	7918	7888	7902	X	BPS

Hourly signaled Book in Short but Daily suggested to Buy at Declines after Book in Long.

Weekly and Monthly suggested Resistance at High levels – 7910 – 7930.

It closed above 200-dsma @ 7813 and 20-dsma @ 7851. 7863.13 is 5-dsma.

Supports: (7888-62-20) – (7767-22)

Resistances: 7899 – (7902-10-30-41) 

Nifty Bank spot

16818.40

16903.35

16738.70

16762.75

Pivot @ 16801.60 and MP @ 16821.03. Close < PP < MP. It achieved both upside and downside level as per pre-open. As per D-Vol theory, it triggered upside and achieved 2 levels upside.  

M	16870	15391	16396	RST	X
W	16787	16213	16562	RST	X
D	16844	16596	16742	BD	BPL
H	16840	16755	16793	X	BPS

Hourly signaled Book in Short whereas Daily signaled Buy at Decline after Book in Long.  Weekly and Monthly suggested Resistances at highs – 16787 - 16870.

200-dsma at 16579 would also act as support. 

Resistances: (16787-93) – (16840-44-70)

Supports: (16755-42-38) – (16596-62)