5/8/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

8600.20

8689.40

8590.15

8683.15

Pivot @ 8654.23 and MP @ 8639.78.                        Close   >   PP   >  MP.                                                                   

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

As per D-Vol:                     2 upside levels                  0 downside level              achieved.

M	8439	8060	8326	B	X
W	8593	8417	8501	BPL	X
D	8658	8567	8616	BB	X
H	8661	8635	8655	BB	X

Hourly-Daily showed signal of strong “Long”. Weekly has signaled “Book in Long”. Monthly  continued to signal “Long”. 5-Close EMA > 5 Close SMA.       

It closed at 200-dsma @ 7858 (rising), 20-dsma @ 8572 (rising), 5-dsma @ 8607 (rising from falling). NS has turned stronger at end-of-week, to maintain LONG with SL 8516.  

Resistances: 8690 – 8712        

Supports: (8661-58-55-35-16) - (8593-90-67-01) – 8417.   

Nifty Bank spot

18725.20

18943.15

18708.25

18925.95

Pivot @ 18859 and MP @ 18825.               Close > PP > MP.

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

As per D-Vol:                     2 upside level                    0  downside level             achieved.

M	18359	17199	18131	B	X
W	18873	18266	18669	B	X
D	18887	18637	18770	BB	X
H	18900	18836	18882	BB	X

Hourly-Daily-Weekly-Monthly all have aligned to signal “Long”.   

200-dsma is @ 16670 (rising), 20-dsma is @ 18805 (rising), 5-dsma is @ 18709 (falling). 

Resistances: 18944 – 19079 - 19127

Supports: 18900 – (19887-82-73-36) – (18770-08)