25/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8668.85

8683.05

8583.65

8592.20

Pivot @ 8619.63 and MP @ 8633.35.                        Close   <   PP   <   MP                                                                    

As per Pre-open:             1 upside level                    4 downside level              achieved.

As per D-Vol:                     2 upside level                    4 downside level              achieved.

M	8445	8060	8339	B	X
W	8667	8530	8592	RST	X
D	8673	8602	8627	X	SS
H	8646	8614	8625	X	S

Hourly-Daily signaled “Short”. Weekly showed resistance at High. Monthly continued to signal “Long”. Short may be maintained with SL 8627.  

It closed at 200-dsma @ 7888 (rising), 20-dsma @ 8634 (falling from rising), 5-dsma @ 8634 (falling from rising) but above 5-dema-close at 8627.  

Resistances: (8614-25-27-46-67-73-84) – (8711-28)         

Supports: 8583 – 8445 – 8339.     

Nifty Bank spot

19383.70

19432.75

19282.80

19304.25

Pivot @ 19339.93 and MP @ 19357.78.                Close < PP < MP.    

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

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

M	18498	17199	18257	BB	X
W	19233	18760	19090	B	X
D	19383	19227	19300	BD	BPL
H	19391	19323	19353	X	S

Hourly signaled “Short”. Daily too signaled “Book in Long” with “Buy at Decline”. Weekly-Monthly continued to signal “Long”, but at border-line, so better to wait for clear signal.

200-dsma is @ 16765 (rising), 20-dsma is @ 18992 (rising), 5-dsma is @ 19349 (falling from rising), but below 5-ema at 19300.   

Resistances: (19323-53-83-91) – (19432-94)  

Supports: 19300 - (19282-33-27) – 19090.