11/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7203.60

Upside   7222              7240                7258                7276               

Downside   7185          7167                7149                7131

As per D-Vol theory:

Buy above 7234, for targets 7264 – 7277 – 7294 (SL 7201)

Sell below 7197, for targets 7168 – 7155 – 7138 (SL 7230)

Nifty Bank spot @ 14518.65

Upside   14569                     14619     14669     14719         

Downside    14469     14419     14368     14318

As per D-Vol theory:

Buy above 14636, for targets 14713 – 14736 – 14790 (SL 14559)

Sell below 14541, for targets 14464 – 14431 – 14387 (SL 14618)

================================================

EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7264.30

-7271.85-

7177.75-

7215.70

Gap down open for second consecutive day with volatile wild moves could not fill the gap left. It suggests very cautious approach as may be entering into danger zone. All downside levels as per D-Vol and pre-open levels are achieved and beyond, without any upside trigger. Clear trend.

M	7949	7436	7655	X	SS
W	7601	7340	7438	X	SS
D	7385	7292	7329	X	SS
H	7247	7203	7223	X	SPT

Monthly-Weekly-Daily are out with clean verdict for strong Short, whereas Hourly has been fluctuating signals based on oversold zone for few hours. Look for more downfall near 7k.

Look for turn-around only if close is above 7292 - DLEma. 

Nifty Bank spot 

14740.20-

14779.15-

14490.20-

14588.45

Gap down open and achieving all downside levels and beyond as per d-Vol and pre-open levels without trigger on upside is in line with Trend. Tomorrow with Q3 results for many PS banks, including SBI, let us see if help to change the trend or else, much fall ahead. May see < 14200. 

M	16942	15483	16027	X	SS
W	15751	14973	15250	X	SS
D	15038	14751	14868	X	SS
H	14680	14559	14614	X	SPT

Monthly-Weekly-Daily are out with clean verdict for strong Short, whereas Hourly has been fluctuating signals based on oversold zone for few hours. Look for more downfall near 14200.

Look for turn-around only if closes above 14751 - DLEma.