24/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8648.50

8661.05

8620.90

8650.30

Pivot @ 8644.08 and MP @ 8640.98.                        Close   >   PP   >   MP                                                                    

As per Pre-open:             1 upside level                    2 downside level              achieved.

As per D-Vol:                     1 upside level                    0 downside level              achieved.

M	8445	8060	8359	B	X
W	8667	8530	8612	RST	X
D	8667	8612	8644	BD	X
H	8654	8631	8644	BPL	X

Hourly signaled “Book in Long” in range-bound market. Daily suggested “Buy at Declines”. Weekly showed resistance at High. Monthly continued to signal “Long”.

It closed at 200-dsma @ 7885 (rising), 20-dsma @ 8635 (rising from same), 5-dsma @ 8650 (rising from falling) but above 5-dema-close at 8644.  

Resistances: (8654-62-67) – (8711-28)         

Supports: (8644-31-20-12) – 8580.     

Nifty Bank spot

19358.70

19392.20

19284.35

19355.60

Pivot @ 19344.05 and MP @ 19338.28.                Close > PP > MP.    

As per Pre-open:             0 upside level                    1 downside level              achieved.

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

M	18498	17199	18274	BB	X
W	19233	18760	19107	B	X
D	19359	19199	19299	BD	BPL
H	19369	19308	19343	BPL	X

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

200-dsma is @ 16755 (rising), 20-dsma is @ 18978 (rising), 5-dsma is @ 19359 (rising), but above 5-ema at 19299.   

Resistances: (19359-69-93) – 19494  

Supports: (19343-08) - (19299-84-33) – (19199-07).