2/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8647.45

8687.20

8611.40

8622.90

Pivot @ 8640.50 and MP @ 8649.30.                        Close   <   PP    < MP.                                                                   

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

As per D-Vol:                     3 upside levels                  1 downside level              achieved.

M	8439	8084	8350	B	X
W	8593	8441	8525	B	X
D	8677	8597	8626	X	SR
H	8647	8625	8635	X	S

Hourly has shown “Short”. Daily has signaled “Sell on Rise” for first time since long. Weekly-Monthly have continued to signal “Long”.

It closed at 200-dsma @ 7852 (rising), 20-dsma @ 8533 (rising), 5-dsma @ 8636 (rising from same).  5-Close EMA < 5 Close SMA, suggesting weakened trend ahead.        

Resistances: (8625-26-35-47-77) - 8712        

Supports: 8611 – (8597-93-25) – 8441.   

Nifty Bank spot

18783.60

18866.55

18671.85

18708.25

Pivot @ 18949 and MP @ 18969.               Close < PP < MP.

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

As per D-Vol:                     1.5 upside level                 2.5 downside levels        achieved.

M	18359	17262	18058	B	X
W	18873	18329	18596	RST	X
D	19001	18748	18827	X	SS
H	18773	18702	18733	X	SPT

Hourly has shown support near its low - 18700. Daily signaled “Short”. Weekly has suggested Resistance near High – 18880. Monthly continued to signal “Long”.   

200-dsma is @ 16653 (rising), 20-dsma is @ 18705 (rising), 5-dsma is @ 18900 (falling). 

Resistances: (18733-48-73) – (18827-67-73) – 19001           

Supports: 18702 – 18671 - 18596.