17/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8639.80

8667.10

8603.60

8624.05

Pivot @ 8631.58 and MP @ 8635.35.                        Close   <   PP   <   MP                                                                    

As per Pre-open:             2 upside levels                  3 downside levels            achieved.

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

M	8445	8060	8350	B	X
W	8653	8505	8600	RST	X
D	8672	8596	8633	X	SR
H	8652	8632	8644	RST	X

Hourly showed resistance at highs. Daily signaled “Sell on Rise”. Weekly also showed Resistance at High. Monthly continued to signal “Long”.

It closed at 200-dsma @ 7871 (same), 20-dsma @ 8610 (same), 5-dsma @ 8632 (same) and below 5-dema-close at 8633.

Resistances: (8644-52-53-72-96) – (8711-28)         

Supports: (8632-03-00) – (8596-05).   

Nifty Bank spot

19044.55

19138.35

18966.35

19041.25

Pivot @ 19048 and MP @ 19052.               Close < PP < MP.    

As per Pre-open:             2 upside levels                  0 downside level              achieved.

As per D-Vol:                     2 upside levels                  0 downside level              achieved.

M	18379	17199	18169	B	X
W	18996	18517	18858	B	X
D	19022	18805	18932	BB	X
H	19076	19005	19038	BD	X

Hourly signaled “Buy at Decline”. Daily-Weekly-Monthly continued to signal “Long”.

200-dsma is @ 16709 (rising), 20-dsma is @ 18847 (rising), 5-dsma is @ 18859 (rising), but below 5-ema at 18932.  

Resistances: 19076 - (19127-39)

Supports: (19038-22-05) – (18996-66-32) – 18858.