11/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8572.80

8601.15

8540.05

8592.15

Pivot @ 8577.78 and MP @ 8570.60.                        Close   >   PP   >   MP       SHORT SL 8630                                                             

As per Pre-open:             2 upside levels                  2 downside levels            achieved.

As per D-Vol:                     1 upside level                    1 downside level              achieved.

M	8445	8060	8339	B	X
W	8638	8458	8561	BPL	X
D	8663	8581	8618	BPS	SR
H	8592	8561	8581	B	X

Hourly has shown “Long”, after two-way movements during the day. Daily signaled “Book in Short” with ”Sell on Rise”. Weekly suggested “Book in Long”. Monthly continued to signal “Long”. 5-Close EMA 8618 < 5 Close SMA 8648.       

It closed at 200-dsma @ 7867 (rising), 20-dsma @ 8597 (rising), 5-dsma @ 8648 (rising).

Resistances: (8602-18-38-63) – (8711-28)         

Supports: (8581-61-40) – (8458-45).   

Nifty Bank spot

18621.00

18699.20

18537.10

18640.40

Pivot @ 18625 and MP @ 18618.               Close > PP > MP.     Short SL 18800

As per Pre-open:             1 upside level                    1 downside level              achieved.

As per D-Vol:                     1 upside level                    2 downside levels            achieved.

M	18359	17199	18035	B	X
W	18925	18356	18659	RST	X
D	18878	18653	18741	X	SS
H	18662	18587	18631	RST	X

Hourly has shown Resistance at High levels. Daily continued with “Short”. Weekly also showed resistance at High level. Monthly continued to signal “Long”.   

200-dsma is @ 16691 (rising), 20-dsma is @ 18836 (falling from rising), 5-dsma is @ 18817 (rising), but below 5-ema at 18741.  

Resistances: (18653-62-99) – 18741 – 18878 – 18925.

Supports: 18631 – (18587-37) - 18444