23/3/16 - EOD Analysis with Levels and auto-Signals

Happy Holi to all Readers...

Nifty 50 spot

7717.45

7726.85

7670.60

7716.50

Pivot @ 7704.65 and MP @ 7698.73. As per pre-open level, it triggered downside and achieved first level and re-joined main bullish trend and triggered upside to show the strength of trend. As per D-Vol, it just touched downside one level and none other on either side. Up-Trend intact.

M	7876	7224	7625	BD	SPT
W	7589	7358	7539	BB	X
D	7678	7598	7660	BB	X
H	7711	7686	7703	BB	X

Hourly-Daily-Weekly have continued to show strong uptrend since last few days. Monthly also continued with support at lower level and signal of Buy at Decline near 7625, having eye on 7876 - MHEma. Mainatain Long with SL 7617 - low made 2 days' back. 

Supports: (7711-03) - (7686-78-60-25) - (7598-89-39)

Resistances: 7727 - 7876. 

Nifty Bank spot 

15884.25

15919.60

15799.95

15887.75

Pivot @ 15869.10 and MP @ 15859.78. It triggered on downside as per pre-open and D-Vol levels, but not beyond and did not trigger on upside either. Low volatility today.

M	16617	14770	15854	BD	SPT
W	15590	14958	15411	BB	X
D	15827	15633	15775	BB	X
H	15899	15827	15866	BPL	X

Hourly suggested Book in Long having closed below HrHEma - 15899. However continuation of strong uptrend by Daily-Weekly continued. Monthly also continued with support at lower levels and Buy at Decline near 15850. 

Resistances: 15899 - 15920 - 15968(100-sma).

Supports: (15866-54-27) - 15775 - 15633 - 15590.