9/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8273.35

8273.35

8184.60

8203.60

Pivot @ 8220.52 and MP @ 8228.98. Close < PP < MP. As per D-Vol, it did not trigger upside but achieved all downside targets and also as per pre-open levels. Trend weakened, confirmed by Open = High near yesterday close.   

M	8113	7679	7972	B	X
W	8154	7963	8072	B	X
D	8263	8196	8222	BPS	SR
H	8226	8205	8213	X	S

Hourly has shown Short signal and Daily suggested to sell on rise, but to book in Short as decline. Weekly-Monthly continued to suggest Long. Strategy may be to buy at decline.

It closed above 200-dsma @ 7776 and 20-dsma @ 8026 and also 5-dsma @ 8233.

Resistances: (8205-13-22-26-63-73) - 8336.     

Supports: (8196-84-54-13) – 8072.  

Nifty Bank spot

17955.80

17986.15

17801.55

17887.70

Pivot @ 17892 and MP @ 17894. Close < PP < MP. It achieved 3 downside levels as per pre-open levels and 2 levels downside as per D-Vol. Trend is bullish and strategy may be to buy at decline.  

M	17404	16044	17084	BB	X
W	17520	16963	17366	BB	X
D	17894	17708	17817	BD	BPL
H	17932	17856	17893	X	SPT

Hourly has shown support at lower level. Daily suggested to book in long with Buy at decline. Weekly-Monthly have still managed to suggest Long. View is cautiously bullish.    

200-dsma is @ 16463, 20-dsma @ 17200, 5-dsma @ 17827. 

Resistances: (17893-94) - (17932-86)    

Supports: (17856-17-01) – 17708.