13/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8102.25

8125.25

8063.90

8110.60

Pivot @ 8099.92 and MP @ 8094.58. Close > PP > MP. As per pre-open levels, it triggered downside first and achieved all 4 downside levels and then upward trigger and achieved 2 levels on upside. As per D-Vol, it opened below trigger on downside and achieved last 2 levels on way up. Trend remains bearish.    

M	8113	7648	7941	BPL	X
W	8144	7992	8078	BD	X
D	8218	8145	8174	X	SS
H	8118	8093	8106	BD	X

Hourly signaled Buy at Decline and Daily confirmed Short, but Weekly suggested Buy at Decline and Monthly signaled to book in Long. Strategy may be to Sell on Rise now.

It closed above 200-dsma @ 7773 and 20-dsma @ 8056 and also 5-dsma @ 8205.

Resistances: (8113-18-44-45-74) - (8218-26)      

Supports: 8106 - (8093-78-63)     

Nifty Bank spot

17620.55

17666.55

17527.55

17593.95

Pivot @ 17596 and MP @ 17597. Close < PP < MP. It achieved two levels downside and one level upside as per pre-open and reversed from last downside level as per D-Vol. Trend has weakened but strategy may be to buy at decline.  

M	17421	16044	16986	B	X
W	17580	17151	17429	B	X
D	17853	17671	17745	X	SS
H	17624	17562	17595	X	SPT

Hourly has signaled support at lower level. Daily suggested Short but Weekly-Monthly have still managed to suggest Long. View is cautiously bullish.    

200-dsma is @ 16452, 20-dsma @ 17298, 5-dsma @ 17841. 

Resistances: 17595 – (17624-71) - 17745     

Supports: (17580-62-27) – (17429-21)