1/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8654.30

8711.30

8590.50

8636.55

Pivot @ 8646.12 and MP @ 8650.90.                        Close   <   PP    < MP.                                                                   

As per Pre-open:             4 upside levels                  4 downside levels            achieved.

As per D-Vol:                     4 upside levels                  3 downside levels            achieved.

M	8439	8084	8354	B	X
W	8593	8441	8530	B	X
D	8671	8590	8627	BD	BPL
H	8657	8625	8641	X	SPT

Hourly has shown “Support” near Lows. Daily has signaled “Book in Long” with “Buy at Decline”. Weekly-Monthly have continued to signal “Long” at beginning of week/month.     

It closed at 200-dsma @ 7849 (rising), 20-dsma @ 8521 (rising), 5-dsma @ 8629 (same).    

Resistances: (8641-57-71) - 8712 - 8880        

Supports: (8627-25) – (8593-90-30) – 8441.   

Nifty Bank spot

19047.05

19070.15

18912.60

18953.15

Pivot @ 18979 and MP @ 18991.               Close < PP < MP.

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

As per D-Vol:                     0 upside level                    3 downside levels            achieved.

M	18000	16577	17733	BB	X
W	18770	18177	18540	B	X
D	19063	18863	18959	X	SR
H	18984	18933	18955	X	X

Hourly is Neutral. Daily signaled “Sell on Rise”. Weekly-Monthly continued to signal “Long”.   

200-dsma is @ 16647 (rising), 20-dsma is @ 18674 (rising), 5-dsma is @ 18930 (falling). 

Resistances: (18955-59-84) – (19063-71) – 19127           

Supports: (18933-12) - 18863 – 18770.  

PS: Watch accuracy of levels of Resistance and Supports posted on previous day.