Monday, January 11, 2016

12/1/16 - Levels to watch after Pre-Open today

Nifty 50 spot @ 7587.20
Upside 7601 - 7615 - 7629 - 7643 
Downside   7573    7559    7545   7531

Nifty Bank spot @ 16080.40
Upside    16130    16180    16229    16279   
Downside    16031    15981    15932    15882


11/1/16 - D-Vol Levels to Trade on 12/1/16

Nifty 50 spot
Long above 7581, for Targets 7608 - 7620 - 7636 (SL 7549)
Short below 7547, for Targets 7519 - 7544 - 7528 (SL 7579)

Nifty Bank spot
Long above 16057, for Targets 16124 - 16153  - 16191 (SL 15984)
Short below 15975, for Targets 15908 - 15880 - 15842 (SL 16048)


11/1/16 - EOD Analysis with Levels and Auto-Signals

Nifty 50 spot
7527.45- 7605.10- 7494.35- 7563.85
As per pre-open levels, it achieved 3 downside levels and again on upside, all 4 levels and beyond. It did not trigger Long as per D-vol levels, nor did it give chance to Sell, as opened below all downside levels. 

M 8124 7649 7875   X S
W 7835 7629 7714   X S
D 7700 7610 7647   X SS
 
H 7582 7548 7566   RST X
Monthly-Weekly-Daily continued to signal Short, though Hourly was signaling Resistance near high levels.  
Resistances: (7566-82) - (7610-29-47-49) 
Supports: (7551-48-40) - 7494 (low today)

Nifty Bank spot
15979.05 -16156.80- 15840.60- 16016.25
As per pre-open levels, it provided opportunity to short and achieved all downside levels. As per D-vol level, it opened just near the last target level. 

M 17630 16341 16910   X SS
W 16743 16240 16408   X SS
D 16377 16145 16236   X SS
 
H 16081 15977 16023   X X
Monthly-Weekly-Daily continued to signal Short, whereas Hourly stayed Neutral.
Resistances: (16023-81) - 16145 - (16236-40)
Supports: 15977 - 15840 (low today)