20/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8115.75

8244.15

8107.35

8238.50

Pivot @ 8196.67 and MP @ 8175.75. Close > PP > MP. It opened gap-down and achieved 2 downside levels post-trigger as per D-Vol. It achieved 4 levels upside as per pre-open levels. Trend is turned Bullish as nearing expiry.  

M	8113	7648	7984	BB	X
W	8197	8030	8145	B	X
D	8210	8113	8189	BB	X
H	8229	8208	8222	B	X

Hourly showed Long and Daily signaled strong long after weak open. Weekly showed Long with Monthly maintaining with signal of “Long”.

It closed above 200-dsma @ 7770 (rising from same) and 20-dsma @ 8148 (rising) and also 5-dsma @ 8173 (rising from same). We have all rising averages now.  

Supports: (8229-22-10-08)- (8197-89-45-13)         

Resistances: (8245–62–95)     

Nifty Bank spot

17425.80

17779.00

17425.80

17718.60

Pivot @ 17641 and MP @ 17602. Close > PP > MP. It achieved all 4 levels downside and trigger upside as per D-Vol and as per pre-open, it achieved all 4 levels upside. The strategy may be to buy at decline.  

M	17421	16044	17028	BB	X
W	17708	17243	17548	B	X
D	17823	17546	17727	BPS	SR
H	17738	17669	17704	BD	X

Hourly signaled Buy at Decline whereas Daily signaled “Book in Short” with “Sell on Rise”. Weekly suggested Long again. Monthly is still with signal “Long”.     

200-dsma is @ 16443 (rising from falling), 20-dsma @ 17584 (rising), 5-dsma @ 17735 (rising from falling). 

Resistances: (17738-79) – 17823 - 17944      

Supports: (17727-04) – 17669 – 17546 – 17425.