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

Nifty 50 spot

8228.75

8234.70

8186.05

8201.05

Pivot @ 8207.27 and MP @ 8210.38. Close < PP < MP. It did not trigger upside but achieved all 4 downside levels as per pre-open levels and as per D-Vol, it triggered on downside but did not achieve any level downside.   

M	8102	7679	7971	B	X
W	8134	7964	8072	B	X
D	8216	8156	8184	BD	BPL
H	8219	8199	8208	X	SPT

Hourly has shown Support at lower level. Daily however suggested to Book in Long, with Buy at Decline. Weekly-Monthly continued to suggest Long.

It closed above 200-dsma @ 7779 and 20-dsma @ 7970 and also 5-dsma @ 8196.

Resistances: (8208-19-16) - 8297- 8336.     

Supports: (8199-84-56-34-02) - 8072.  

Nifty Bank spot

17710.45

17754.15

17636.90

17671.40

Pivot @ 17687 and MP @ 17696. Close < PP < MP. It just touched upside trigger as per both theories, but achieved 2 levels downside as per pre-open. Trend is cautiously bullish.  

M	17324	16044	17012	BB	X
W	17438	16963	17293	B	X
D	17662	17488	17574	BB	X
H	17724	17668	17695	X	SPT

Hourly has shown support at lower level but Daily-Weekly-Monthly have continued to suggest Long. View may be cautiously bullish before RBI event.   

200-dsma is @ 16468, 20-dsma @ 17034, 5-dsma @ 17593. 

Resistances: 17695 - (17724-54) – 18000+   

Supports: (17668-62-36) – 17574 – (17488-38).