26/02/2016 - EOD Analysis with Levels and auto-Signals
Nifty 50 spot
| 7039.30- |
7052.90- |
6985.10- |
7029.75 |
It opened near 3rd upside level as per D-VOl, but did not trigger on upside as per pre-open levels and retraced to reach 3 downside levels as per pre-open, and also touched upside trigger as per D-Vol, on its way down. It recovered again from lows to close above downside trigger.
| M |
7949 |
7333 |
7593 |
X |
SS |
| W |
7402 |
7084 |
7217 |
X |
S |
| D |
7106 |
7022 |
7054 |
BPS |
SR |
|
|
|
|
|
|
| H |
7038 |
7010 |
7022 |
RST |
X |
Though Monthly-Weekly towards end have remained signaling Short, Daily showed Book in Shorts as closed above 7022 - DLEma. Daily also suggested to Sell on Rise near its high 7106. Hourly however, signaled Resistance at its high 7038. Monday, being an eventful day of Budget, which coincides with Month-end, signals major Resistance near its Low at 7333, close above which is needed to show reversal pattern.
Resistances: (7038-54-84) - 7106 - 7217 - 7333.
Supports: (7018-04) - (6985-61) - 6869.
Nifty Bank spot
| 13715.10 |
-13889.25- |
13595.20- |
13791.45 |
Pre-open levels provided opportunity to trade both sides as achieved all 4 levels upside and 3 levels downside. It did not however, trigger downside as per d-Vol levels.
| M |
16942 |
15160 |
15761 |
X |
SS |
| W |
15068 |
14148 |
14471 |
X |
SS |
| D |
14048 |
13760 |
13866 |
BPS |
SR |
|
|
|
|
|
|
| H |
13818 |
13718 |
13765 |
RST |
X |
Monthly and Weekly continued with signal of Short, whereas Daily signaled Book in Shorts as closed above its low 3760 after breaching it. It suggested Sell on Rise near its high 14048. Hourly signaled Resistance near its high 13818.
Resistances: (13818-66) - 14048 - 14471.
Supports: (13765-60-18) - (13595-20)
