Friday, May 27, 2016

27/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
8081.95
8164.20
8077.05
8156.65
Pivot was @ 8132.63 and MP @8120.63. Close > PP > MP on fourth consecutive day indicating strength. It opened near trigger as per D-Vol and achieved all upside targets and also all upside levels as per Pre-open theory. Trend strengthened to Bullish.  
M
8005
7441
7855
BB
X
W
7995
7712
7900
BB
X
D
8011
7910
7990
BB
X

H
8149
8125
8140
B
X
All time-frames Hourly-Daily-Weekly-Monthly aligned to suggest strong Long.  
Strategy should be to Buy at Decline, as quite run-away in these 3 days.    
It closed above 200-dsma @ 7789 and 20-dsma @ 7842 and also 5-dsma @ 7928.
Resistances: 8165 – 8297- 8336.     
Supports: (8149-40-25) - (8077-11-05) – 7990.  

Nifty Bank spot
17348.35
17543.30
17327.65
17511.80
Pivot @ 17461 and MP @ 17435. Close > PP > MP on 4th consecutive day indicating strength. It triggered Upside as per D-Vol and achieved all 3 levels upside and also all upside levels as per pre-open. Trend is Bullish and strategy now may be to Buy at Decline.  
M
17064
15391
16646
BB
X
W
17039
16265
16816
BB
X
D
17168
16878
17107
BB
X

H
17493
17388
17450
B
X
All time-frames Hourly-Daily-Weekly-Monthly are aligned to suggest strong Long.   
200-dsma is @ 16509, 20-dsma @ 16683, 5-dsma @ 16946. 
Resistances: 17544   

Supports: (17493-40) – (17388-27) – (17168-07).  

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