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

Nifty 50 spot

8712.85

8723.50

8697.60

8711.35

Pivot @ 8710.82 and MP @ 8710.55.                        Close   >   PP   >   MP                                                                   

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

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

M	8443	8060	8379	BB	X
W	8637	8510	8601	BB	X
D	8680	8611	8648	BB	X
H	8714	8696	8706	BPL	X

Hourly suggested “Book in Long”. Daily-Weekly-Monthly have  continued to signal “Long”. 5-Close EMA > 5 Close SMA.       

It closed at 200-dsma @ 7861 (rising), 20-dsma @ 8585 (rising), 5-dsma @ 8622 (rising).

Resistances: (8714-24) -         

Supports: 8706 - (8696-80-48-37-11-01) - 8510.   

Nifty Bank spot

18986.75

19028.70

18896.00

18939.45

Pivot @ 18954 and MP @ 18962.               Close < PP < MP.

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

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

M	18359	17199	18135	B	X
W	18925	18476	18759	B	X
D	18934	18723	18826	BB	X
H	18978	18917	18948	BPL	BPS

Hourly has shown confusing results and stay neutral to wait on sidelines for trend to emerge. Daily-Weekly-Monthly all have aligned to signal “Long”.   

200-dsma is @ 16677 (rising), 20-dsma is @ 18832 (rising), 5-dsma is @ 18749 (rising). 

Resistances: (18948-78) – (19029-79) - 19127

Supports: (18934-25-17) – (19896-26) – 18759.