22/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8213.65

8238.35

8153.25

8203.70

Pivot @ 8198.43 and MP @ 8195.80. Close > PP > MP. It triggered on upside and achieved 2 upside levels as per pre-open and then triggered downside and achieved all4 levels. It just touched trigger point upside as per D-Vol, and thereafter achieved all downside levels. Trend is cautiously Bullish as nearing Brexit date.  

M	8113	7648	7972	B	X
W	8202	8030	8133	B	X
D	8230	8146	8201	BD	BPL
H	8212	8187	8202	BD	X

Hourly and Daily Buy at Decline, with Daily also suggesting Book in Long. Weekly_monthly continued maintaining with signal of “Long”.

It closed above 200-dsma @ 7774 (rising) and 20-dsma @ 8185 (rising) and also 5-dsma @ 8195 (same). Long term averages on rise whereas 5-dsma at same suggests caution. 

Supports: (8202-01) – (8187-53-46-33)          

Resistances: (8212-30–39) – (8262-95)     

Nifty Bank spot

17610.10

17755.25

17518.15

17626.05

Pivot @ 17633 and MP @ 17637. Close < PP < MP. It achieved 2 upside levels and touched downside trigger as per D-Vol later on. As per pre-open, it achieved all 4 levels upside and thereafter 3 levels on downside. Trend looks weakened midst of high volatility.   

M	17421	16044	16997	B	X
W	17708	17243	17517	RST	X
D	17787	17545	17669	BPS	SR
H	17667	17590	17630	X	X

Hourly was Neutral whereas Daily signaled “Book in Short” with “Sell on Rise”. Weekly suggested Resistance at higher level and Monthly is still with signal “Long” but not strong.     

200-dsma is @ 16448 (rising), 20-dsma @ 17674 (rising), 5-dsma @ 17666 (falling).  Resistances: (17630-67-69) – (17708-55-87)      

Supports: (17590-45-17) – 17421.