11/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7804.65

7893.10

7780.90

7848.85

Pivot @ 7840.95 and MP @ 7837.00. Close > PP > MP. After huge gap-down open, it achieved first level downside as per pre-open and then rallied to cross 3 levels upside. However, as per D-Vol theory, it started climbing 3 levels upside from Bottom target.  

M	7916	7441	7753	BD	X
W	7888	7697	7793	RST	X
D	7862	7771	7832	BD	BPL
H	7864	7835	7851	X	X

Hourly has signaled Neutral and Daily has signal of Book in Long with Buy at Decline. Weekly continued suggestion of Resistance at high but Monthly signaled to Buy at Decline. Closed above even 200-dsma @ 7827, which would be support. 7835 is also 20-dsma and below which 7814 is 5-dsma. Strategy to Buy at Decline.

Resistances: (7851-62-64-88-94) – 7916.

Supports: (7835-32) – (7793-71-53) 

Nifty Bank spot

16544.25

16861.95

16518.75

16754.45

Pivot @ 16711.72 and MP @ 16690.35. Close > PP > MP. After huge gap-down open, it achieved 3 upside levels as per pre-open without trigger on downside. As per D-Vol theory, it climbed from bottom all levels on way up till trigger at upside level. 

M	16837	15391	16404	RST	X
W	16695	16104	16485	B	X
D	16723	16448	16639	BB	X
H	16772	16695	16743	RST	X

Hourly has shown Resistance at Higher level. Daily-Weekly have continued signal of Long whereas Monthly suggested Resistance at High – 16850+. 200-dsma is at 16623. 

Supports: (16743-23) – (16695-39) - (16485-48)

Resistances: 16772 – (16812—37-61)