11/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7577.80

7678.80

7516.85

7671.40

Pivot @ 7622.35 and MP @ 7597.83. As per pre-open levels, it triggered on downside first and achieved all 4 downside levels and reversed direction and achieved all 4 upside levels. As per D-Vol, it touched downside trigger but not beyond, but triggered upside and achieved all levels.  

M	7850	7322	7645	BD	X
W	7686	7482	7613	BD	SPT
D	7656	7554	7623	BB	X
H	7631	7588	7621	BB	X

Hourly and Daily - both signaled Long at EOD. At Daily, it did not only cross DLEma to show Book in Shorts but crossed even DCEma and DHEma to signal clear Long. Weekly suggests Support at Low and Buy at Decline, which is also the Signal in Monthly. 

Supports: (7656-45-31-23-21-13) - (7588-54-16)

Resistances: (7679-86) - 7850. Strategy is clear to Buy at Declines with SL 7623 at EOD.

Nifty Bank spot

15623.35

15853.85

15440.25

15818.50

Pivot @ 15704.20 and MP @ 15647.05. As per D-Vol, it triggered on downside to reach near first level and reversed to trigger upside and achieve all upside levels. As per pre-open, it first triggered on downside and achieved all 4 levels and on reversal, it achieved all 4 upside levels.

M	16574	14993	15888	X	X
W	15933	15313	15695	BD	SPT
D	15840	15544	15728	BD	BPL
H	15735	15620	15702	BB	X

Hourly signaled clear Long whereas Daily signaled Buy at Decline, but currently Book in Long as Closed below its High - 15840 after crossing it. Weekly suggested Support at low level - 15300+ and suggested Buy at Decline, whereas Monthly stayed Neutral, awaiting clear signal.

Supports: (15735-28-02) - (15695-20) 

Resistances : (15840-53-88) - 15933.