Monday, May 16, 2016

17/5/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7896.85 Gap Up Open

Upside             7922         7947            7972           7996   
Downside         7872         7847           7822           7797

As per D-Vol theory: Close @ 7860.75

Buy above 7877, for targets 7904– 7916 – 7931 (SL 7845)
Sell below 7844, for targets 7817 – 7805 – 7790 (SL 7876)

Nifty Bank spot Pre-Open @ 16818.40 Gap Up Open

Upside             16882          16945         17008       17072
Downside         16755          16692         16628       16565 

As per D-Vol theory: Close @ 16737.55

Buy above 16785, for targets 16861 – 16893 – 16937 (SL 16704)

Sell below 16691, for targets 16614 – 16582 – 16538 (SL 16771)

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