8/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8285.50

8288.90

8252.05

8273.05

Pivot @ 8271.33 and MP @ 8270.48. Close > PP > MP. As per D-Vol, it touched upside trigger but not further and as per pre-open levels, it achieved almost 3 downside levels.   

M	8113	7679	7995	BB	X
W	8154	7964	8096	BB	X
D	8258	8201	8232	BB	X
H	8279	8262	8271	BD	X

Hourly has suggested to Buy at Decline, if any. Daily-Weekly-Monthly continued to suggest strong Long. Strategy may be to buy at decline.

It closed above 200-dsma @ 7777 and 20-dsma @ 8010.50 and also 5-dsma @ 8236.

Resistances: (8279-89) - 8336.     

Supports: (8271-62-58-52-32-01) –(8154-13) - 8096.  

Nifty Bank spot

17976.25

17995.80

17855.20

17946.80

Pivot @ 17933 and MP @ 17926. Close > PP > MP. It achieved 3 downside levels as per pre-open levels and touched just downside trigger as per D-Vol. Trend is bullish and strategy may be to buy at decline.  

M	17404	16044	17104	BB	X
W	17520	16963	17385	BB	X
D	17849	17661	17781	BB	X
H	17973	17911	17951	X	X

Hourly has been neutral on least volatile day. Daily-Weekly-Monthly have all aligned to suggest Long. View is bullish.    

200-dsma is @ 16464, 20-dsma @ 17151, 5-dsma @ 17763. 

Resistances: (17951-55-73) - (18001-29-95)   

Supports: 17911 – (17869-55) – 17661.