2/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8156.90

8229.50

8154.75

8218.95

Pivot @ 8201.07 and MP @ 8192.13. Close > PP > MP. It just touched downside level as per D-Vol and achieved 2 levels Upside and as per pre-open, it achieved all 4 upside levels.   

M	8091	7679	7977	BB	X
W	8073	7853	8006	BB	X
D	8178	8107	8152	BB	X
H	8204	8180	8197	BB	X

Hourly-Daily-Weekly-Monthly are all aligned to suggest strong Long.  

Strategy should be to Buy at Decline.     

It closed above 200-dsma @ 7782 and 20-dsma @ 7929 and also 5-dsma @ 8179.

Resistances: 8230 - 8297- 8336.     

Supports: 8204 - (8197-80-78-52-07) - (8091-73-06).  

Nifty Bank spot

17405.15

17596.40

17350.45

17567.80

Pivot @ 17505 and MP @ 17473. Close > PP > MP. It just touched downside trigger and on Upside, achieved 3 upside levels as per D-Vol and as per pre-open, achieved all 4 upside levels. Trend is cautiously bullish and strategy now may be to Buy at Decline.  

M	17294	16044	16978	B	X
W	17250	16627	17067	BB	X
D	17543	17296	17448	BB	X
H	17538	17458	17512	B	X

Hourly-Daily-Weekly-Monthly are all aligned to suggest Long.   

200-dsma is @ 16481, 20-dsma @ 16915, 5-dsma @ 17529. 

Resistances: 17596 – 17671.   

Supports: (17543-38-12) – (17458-48) – (17296-94-50).