30/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8166.50

8200.00

8150.80

8178.50

Pivot was @ 8176.43 and MP @8175.40. Close > PP > MP but in near range. It achieved almost 2 levels upside as per D-Vol and also as per Pre-open theory.  

M	8017	7441	7863	BB	X
W	8063	7858	7993	BB	X
D	8074	7991	8053	BB	X
H	8183	8164	8173	RST	X

Hourly showed Resistance at high but Daily-Weekly-Monthly aligned to suggest Long.  

Strategy should be to Buy at Decline, as quite run-away in these 4 days and rested today.    

It closed above 200-dsma @ 7787 and 20-dsma @ 7861 and also 5-dsma @ 8018.

Resistances: 8183 - 8200 – 8297- 8336.     

Supports: (8173-64-50) - (8074-63-53-17) – 7993.  

Nifty Bank spot

17580.85

17666.05

17484.80

17520.65

Pivot @ 17557 and MP @ 17575. Close < PP < MP after 4 consecutive days indicating some profit-booking at higher levels. It triggered 2 levels Upside as per D-Vol and also as per pre-open. Trend is cautiously bullish and strategy now may be to Buy at Decline.  

M	17105	15391	16649	BB	X
W	17248	16671	17051	B	X
D	17334	17080	17245	BB	X
H	17567	17500	17529	X	BPS

Hourly suggested Book in Shorts but Daily-Weekly-Monthly aligned to suggest Long.   

200-dsma is @ 16502, 20-dsma @ 16732, 5-dsma @ 17169. 

Resistances: (17529-67) – 17667.   

Supports: 17500 – 17484 – (17391-34) – (17248-45).