Monday, February 29, 2016

29/02/2016 - EOD Analysis with Levels and auto-Signals 

Nifty 50 spot
7050.45- 7094.60- 6825.80- 6987.05
Pivot (PP) @ 6969.15 and Mid-Point (MP) 6960.20. Interestingly, it did not trigger upside as per Pre-open levels and triggered on downside to achieve all downside targets as per pre-open as well as per D-Vol levels and corrected on upside to achieve two levels upside as per both studies. However, it closed above PP and MP both, but not above 5DCEma - 7032. 

M 7949 7319 7579   X SS
W 7299 6998 7140   X S
D 7102 6956 7032   BPS SR
 
H 7045 6969 7003    X X
Monthly and Weekly have continued with signal of short, whereas positive is that Daily has signaled Book in Short as closed above DLEma - 6956, with Sell on Rise near 7102 - DHEma.
Hourly has been neutral after much volatile movements during the day. 
Resistances: 6998 - (7003-32-45) - (7102-40)
Supports: (6969-56) - (6869-25) .

Nifty Bank spot 
13818.90 -14222.30 -13407.25- 13946.40
Pivot @ 13858.65 and MP @ 13814.78. All the levels on both sides - upside as well as on downside were achieved as per both theories - Pre-open and D-Vol, on this volatile day. 

M 16942 15122 15813   X SS
W 14786 13901 14296   X BPS
D 14106 13642 13893   BD BPL
 
H 14057 13824 13924   BD X
Month-end has continued with signal of Short, whereas Weekly has signaled Book in Short as closed above WLEma - 13901. Daily and Hourly, after having crossed respective highs, closed below same and have signaled Buy at Decline near lows - 13824 - 13642. 
Resistances: 14057 - 14106 - 14296 . 
Supports: 13924 - 13824 - 13642 - 13407.       
 
 

Sunday, February 28, 2016

29/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7050.45

Upside             7068                7085                7103                7120   
Downside         7033                7016                6998                6981

As per D-Vol theory: Close @ 7029.75

Buy above 7051, for targets 7085 – 7099 – 7119 (SL 7016)
Sell below 7009, for targets 6975 – 6960 – 6940 (SL 7044)

Nifty Bank spot Pre-Open @ 13818.90

Upside             13856              13893              13930              13967
Downside         13782              13745              13708              13671 

As per D-Vol theory: Close @ 13791.45

Buy above 13846, for targets 13935 – 13972 – 14023 (SL 13764)

Sell below 13737, for targets 13648 – 13610 – 13560 (SL 13819)

Friday, February 26, 2016

26/02/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7039.30- 7052.90- 6985.10- 7029.75
It opened near 3rd upside level as per D-VOl, but did not trigger on upside as per pre-open levels and retraced to reach 3 downside levels as per pre-open, and also touched upside trigger as per D-Vol, on its way down. It recovered again from lows to close above downside trigger.

M 7949 7333 7593   X SS
W 7402 7084 7217   X S
D 7106 7022 7054   BPS SR
 
H 7038 7010 7022   RST X
Though Monthly-Weekly towards end have remained signaling Short, Daily showed Book in Shorts as closed above 7022 - DLEma. Daily also suggested to Sell on Rise near its high 7106. Hourly however, signaled Resistance at its high 7038. Monday, being an eventful day of Budget, which coincides with Month-end, signals major Resistance near its Low at 7333, close above which is needed to show reversal pattern. 
Resistances: (7038-54-84) - 7106 - 7217 - 7333.
Supports: (7018-04) - (6985-61) - 6869.

Nifty Bank spot 
13715.10 -13889.25- 13595.20- 13791.45
Pre-open levels provided opportunity to trade both sides as achieved all 4 levels upside and 3 levels downside. It did not however, trigger downside as per d-Vol levels.  

M 16942 15160 15761   X SS
W 15068 14148 14471     X SS
D 14048 13760 13866   BPS SR
 
H 13818 13718 13765   RST X
Monthly and Weekly continued with signal of Short, whereas Daily signaled Book in Shorts as closed above its low 3760 after breaching it. It suggested Sell on Rise near its high 14048. Hourly signaled Resistance near its high 13818. 
Resistances: (13818-66) - 14048 - 14471.
Supports: (13765-60-18) - (13595-20)  
 
 

Thursday, February 25, 2016

26/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7039.30

Upside             7056                7074                7091                7108   
Downside         7022                7005                6988                6971

As per D-Vol theory:

Buy above 6992, for targets 7027 – 7041 – 7061 (SL 6957)
Sell below 6949, for targets 6915 – 6900 – 6880 (SL 6985)

Nifty Bank spot @ 13715.10

Upside             13747              13778              13810              13842
Downside         13683              13652              13620              13588 

As per D-Vol theory:

Buy above 13609, for targets 13696 – 13733 – 13782 (SL 13529)
Sell below 13502, for targets 13416 – 13379 – 13329 (SL 13583)


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25/02/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7029.85 -7034.20 -6961.40- 6970.60
As per pre-open levels, it did not trigger on upside but triggered on downside and achieved all 4 levels. As per D-Vol, it did not trigger on upside, but achieved first downside level after trigger.

M 7949 7333 7574   X SS
W 7402 7084 7197   X S
D 7133 7040 7066   X SS
 
H 7006 6976 6986   X SS
All time-frames aligned to signal Short, with SL of 7066 at EOD. First signal to Book in Short will come only after Close above 7040 - DLEma. Better may be 7084 at weekly level for tomorrow. 
Resistances: (6976-86) - (7006-40-66-84) - (7133-97)
Support lies at 6869 - low made on 12/2/16. 

Nifty Bank spot
13844.45- 13844.45- 13519.90- 13555.70
It did not trigger on upside either as per d-Vol or as per pre-open levels, but triggered on downside and achieved all levels on downside. BN looks weaker than Nifty. 

M 16942 15160 15682   X SS
W 15068 14148 14393   X SS
D 14128 13842 13904   X SS
 
H 13728 13629 13654   X SS
All time-frames are aligned with signal of strong short, with SL of 13904 at EOD. Signal to look for reversal are at 13842 - DLEma for Book in Short signal. 
Resistances: (13629-54) - 13728 - (13842-45). No apparent support nearby. 

Wednesday, February 24, 2016

25/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7029.85

Upside             7047                7064                7082                7099   
Downside         7013                6995                6978                6961

As per D-Vol theory:

Buy above 7041, for targets 7076 – 7092 – 7112 (SL 7005)
Sell below 6997, for targets 6961 – 6946 – 6925 (SL 7033)

Nifty Bank spot @ 13844.45

Upside             13877              13910              13943              13976
Downside         13812              13779              13746              13713 

As per D-Vol theory:

Buy above 13848, for targets 13936 – 13974 – 14024 (SL 13766)

Sell below 13740, for targets 13652 – 13614 – 13564 (SL 13822) 
24/02/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot:
7075.00- 7090.80- 7009.75- 7018.70
Downside D-Vol levels 7087 (SL 7124) --> 7051   7036    7015
Pre-open Levels: Downside 7059 -  7042  -  7026 -  7009  (Upside Trigger 7091 not touched)

M 7949 7333 7590   X SS
W 7402 7100 7213   X S
D 7182 7079 7113   X SS
 
H 7066 7031 7042   X S
All time-frames signaling Short with 7079 to be watched, which may signal earlier signal to book in shorts. On eve of expiry of current month, monthly levels are too far, even considering major event of budget next week. Long signal may be elusive until some big rise. 
Resistances: (7031-42-66-79) - (7100-13-82) - 7213.
Supports: 6961 - 6860.

Nifty Bank spot 
13873.70- 13974.50 -13760.25- 13794.05
D-Vol levels on Downside: 13953 (SL 14036) --> 13863 - 13 825 - 13773
Pre-Open Levels as mentioned below were achieved 3 on upside and all 4 on downside
Upside 13900 - 13927 - 13954 - 13980 and Downside 13847 - 13820 - 13794 - 13767 

M 16942 15240 15833   X SS
W 15068 14228 14472   X SS
D 14269 14004 14078   X SS
 
H 13913 13819 13856   X SS
All time-frames are aligned in one direction with strong short signal. With major event next week, monthly levels are far off to be reached. Weekly levels, if reached may be used to re-enter shorts. First signal to look for Book in Short is to come with Close above 14004. 
Resistances: (13819-56) - 13913 - (14004-78) - (14228-269)
Supports: None as per swing lows. 

 

 

Friday, February 19, 2016

19/02/2016 - EOD Analysis with Levels and auto-Signals  

Nifty 50 spot
7170.55- 7226.85- 7145.95- 7210.75
As per pre-open levels, it touched downside trigger and reversed and achieved upside 3 levels. 
As per D-Vol, it touched both upside and downside first level. 

M 7949 7333 7654   X SS
W 7476 7145 7310   X SPT
D 7204 7089 7162   BB X
 
H 7210 7177 7197   B X
Hourly and Daily have signaled Long with Close above HrHEma 7210 and DHEma 7204. Weekly has also closed above WLEma 7145, which suggested support there. However, Monthly has continued with Short signal, so long as it closes below 7333 in week of expiry- Feb'16.
Supports: 7204 - (7197-77-62-45) 
Resistances: (7310-33) - 7476. 

Nifty Bank spot 
14243.45- 14395.85- 14207.35- 14344.20
As per D-vol, it touched both upside and downside levels, but did not achieve any further level. As per pre-open levels, it did not trigger on downside, but achieved 3 levels on upside.

M 16942 15257 15945   X SS
W 15368 14462 14811   X S
D 14424 14150 14295   BD X
 
H 14359 14275 14317   RST X
Monthly and Weekly continued to signal short, whereas Daily signaled Buy at Declines near 14150. Hourly however has signaled Resistance near its high 14359. 
Resistances: (14359-96) - (14424-62) - 14811.
Supports: 14317 - 14295 - 14150. 
 
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PS: I may not be able to post views and analysis for few days. 
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Thursday, February 18, 2016

19/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @  7170.55

Upside             7189                7207                7226                7244   
Downside         7152                7134                7115                7097

As per D-Vol theory:

Buy above 7215, for targets 7253 – 7269 – 7291 (SL 7177)
Sell below 7168, for targets 7130 – 7114 – 7093 (SL 7206)

Nifty Bank spot @ 14243.45           

Upside             14293              14342              14391              14440
Downside         14194              14146              14096              14047 

As per D-Vol theory:

Buy above 14355, for targets 14447 – 14487 – 14540 (SL 14270)
Sell below 14241, for targets 14149 – 14109 – 14057 (SL 14327)


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18/02/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7177.40 -7215.10- 7127.85- 7191.75
Gap up open and triggered with 2 upside levels achieved and corrected till downside 2 levels as per pre-open levels, to match D-Vol trigger long. With gap in-tact, poised upside till expiry ?

M 7949 7333 7647   X SS
W 7472 7145 7304   X SPT
D 7193 7060 7138   BD BPL
 
H 7189 7148 7170    B X
Hourly signals Long as closed above HrHEma - 7189, whereas Daily signals Book in long as Closed below its DHEma 7193 - after crossing it. However, weekly has changed signal to Support at lower levels of 7145. Monthly is yet to change direction as MLEma is too far at 7333.
Supports: (7189-70-48-45-38-27-23) - 7060.
Resistances: 7193 - 7215 - (7304-33). Gap has potential to reach till 7333+. 

Nifty Bank spot
14301.75 -14385.65- 14180.90- 14298.15
Gap up open here as well and achieved 2 upside levels as per pre-open and all 3 levels as per D-Vol theory and corrected till 2 downside levels as per pre-open, but maintained above Long trigger as per D-Vol. Showing strength before expiry !?

M 16942 15257 15930   X SS
W 15368 14462 14796   X S
D 14438 14121 14270   BD X
 
H 14307 14212 14258   RST X
Hourly has shown resistance near its high 14307 with daily signaling Buy at Decline near its low 14121, so in trading zone. Weekly and Monthly not yet out of Short signal and likely to continue, till close above 14462 - WLEma. Tomorrow being weekly close, interesting to watch this level.
Resistances: (14307-86) - (14438-62)
Supports: (14270-58-12) - (14180-121).