4/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8599.95

8601.40

8518.15

8551.10

Pivot @ 8556.88 and MP @ 8559.78.                        Close   <   PP    < MP.                                                                   

As per Pre-open:             0 upside level                    4 downside levels            achieved.

As per D-Vol:                     4 upside levels                  1 downside level              achieved.

M	8439	8060	8324	B	X
W	8593	8417	8499	BPL	X
D	8642	8556	8583	X	SS
H	8561	8535	8548	BPL	X

Hourly has suggested “Book in Long”. Daily has continued with signal of “Short”. Weekly has signaled “Book in Long”. Monthly  continued to signal “Long”. 5-Close EMA < 5 Close SMA.        

It closed at 200-dsma @ 7856 (rising), 20-dsma @ 8554 (rising), 5-dsma @ 8598 (falling).  

Resistances: (8556-61-83-93) – (8602-42) - 8712        

Supports: (8535-18) - (8499-39-17) – 8324.   

Nifty Bank spot

18724.90

18724.90

18443.65

18571.70

Pivot @ 18580 and MP @ 18584.               Close < PP < MP.

As per Pre-open:             0 upside level                    4 downside levels            achieved.

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

M	18359	17199	18023	B	X
W	18873	18266	18561	RST	X
D	18859	18601	18692	X	SS
H	18616	18501	18557	BPL	X

Hourly has suggested “Book in Long”. Daily continued with signal of “Short”. Weekly has suggested Resistance near High – 18875. Monthly continued to signal “Long”.   

200-dsma is @ 16663 (rising), 20-dsma is @ 18759 (rising), 5-dsma is @ 18715 (falling). 

Resistances: (18601-16) – (18716-25) – 18873           

Supports: (18561-57-01) - 18443 – 18359.