18/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7846.75

7882.05

7810.75

7870.15

Pivot @ 7954.32 and MP @ 7846.60. Close > PP > MP. It achieved one level on downside and two levels upside as per pre-open and as per D-Vol, it did not trigger upside but achieved 3 levels on downside. Trend is moving between Daily High-Low – 7893 to 7815.  

M	7930	7441	7760	RST	X
W	7910	7722	7811	RST	X
D	7893	7815	7865	BD	X
H	7867	7843	7860	BB	X

Hourly signaled Long but Daily suggested to Buy at Decline. Weekly and Monthly suggested Resistance at High levels – 7910 – 7930.

It closed above 200-dsma @ 7809 and 20-dsma @ 7849. 7867.39 is 5-dsma.

Supports: (7867-65-60-43-15-11) – (7760-22)

Resistances: 7882 – (7910-30-41) 

Nifty Bank spot

16671.70

16759.05

16556.60

16728.95

Pivot @ 16681.53 and MP @ 16657.83. Close > PP > MP. It achieved both upside and downside level as per pre-open. As per D-Vol theory, it triggered downside and achieved all 4 levels on downside.  

M	16870	15391	16385	RST	X
W	16787	16213	16551	RST	X
D	16816	16583	16738	BPS	SR
H	16729	16663	16705	B	X

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

200-dsma at 16568 would also act as support. 

Resistances: (16738-59-87) – (16816-70)

Supports: 16705 - 16663 – (16583-51)