Wednesday, January 13, 2016

14/1/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7467.90

Upside   7483 – 7498 – 7514 - 7530
Downside   7452 – 7436 – 7421 - 7405

As per D-Vol theory:

Buy above 7579, for targets 7605 – 7617 – 7632 (SL 7547)
Sell below 7546, for targets 7519 – 7508 – 7493 (SL 7578)

Nifty Bank spot @ 15612.10

Upside   15667 – 15721 – 15776 – 15831
Downside    15537- 15503 – 15448 - 15394

As per D-Vol theory:

Buy above 15914, for targets 15983 – 16012 – 16051 (SL 15840)

Sell below 15830, for targets 15761 – 15732 – 15692 (SL 15904) 
13/1/16 - EOD analysis with Levels and auto-signals 

Nifty 50 spot
7557.90- 7590.95- 7425.80- 7562.40
Unique day with huge volatility and pin-bar candle at EOD, which is long-legged doji, considered bullish. It achieved first 2 levels on upside as per pre-open levels and then downside trigger and downside all 4 levels and beyond and again on upside. 

Considering D-Vol levels, it opened above first target on upside and achieved all targets upside and then triggered downside and achieved all targets downside and again triggered upside to achieve all targets upside. At EOD, it is just on verge of likely break-out upside. 

M 8124 7627 7875   X S
W 7835 7607 7713   X S
D 7639 7521 7588  BPS SR
 
H 7562 7502 7538   B X
Though Weekly and Monthly still under Short signals, Daily has signaled Book in Shorts and Sell on Rise, but Hourly has signaled Long. Considering overall market trend, it seems prudent to get out of short and wait for an opportunity to Long soon, with suggested levels. 
Resistances: 7588 - (7607-27-39) - 7713.
Supports: (7538-21-02) - 7425 (low today)

Nifty Bank spot 
15835.05 -15956.25- 15532.25- 15871.85
Same story as per Nifty 50. Huge volatility and long-legged bullish candle. Achieved targets as per pre-open and D-Vol - on both sides, as posted in morning. 

M 17630 16239 16862   X SS
W 16743 16138 16360   X SS
D 16171 15842 16003  BPS SR
 
H 15869 15700 15799   B X
Though Monthly and weekly are still with Short signal, Daily has signaled Book in Short and Sell on Rise, with Hourly suggesting Long, as closed above HrHEma. 
Resistances: 16003 - (16138-171) - 16239.
Supports: 15869 - (15799-700) - 15532 (low today)