Monday, January 18, 2016

19/1/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7381.80

Upside   7400 – 7418 – 7435 - 7463
Downside   7364 – 7346 – 7328 - 7310

As per D-Vol theory:

Buy above 7367, for targets 7394 – 7406 – 7421 (SL 7336)
Sell below 7335, for targets 7308 – 7296 – 7281 (SL 7366)

Nifty Bank spot @ 15086.75

Upside   15158 – 15229 – 15300 – 15371
Downside    15016- 15494 – 14873 - 14802

As per D-Vol theory:

Buy above 15067, for targets 15141 – 16173 – 15216 (SL 14191)
Sell below 14975, for targets 14900 – 14868 – 14826 (SL 15051)


D-Vol is Daily Volatility based working, which levels to be traded only if triggered.
18/1/16 - EOD Analysis with Levels and Auto-Signals

Nifty 50 spot
7420.35- 7463.65- 7336.40- 7351.00
With no much conviction upside, it tried touching upside level initially, but fell to the main-trend and achieved all downside levels and beyond. 

M 8124 7597 7833   X SS
W 7711 7517 7565   X SS
D 7559 7427 7468   X SS
 
H 7416 7371 7388   X SS
All time-frames from Monthly to Hourly aligned in one direction - Short. Await perfect reversal signal to Book in short and ride in reverse direction. With no averages supporting and below all recent swing lows, it does not indicate any strength as yet.
Resistances: (7371-88) - (7416-27-68) - (7517-59-65)
No apparent support except today's low at 7336. Weekly Pivot supports at 7310-7199. 

Nifty Bank spot 
15165.20- 15270.40- 14956.95- 15020.80
With just touching upside level, it fell to main-trend which continued for rest of day and achieved almost 3 levels on downside as per both the theories.  

M 17630 16047 16578   X SS
W 16252 15660 15765   X SS
D 15701 15337 15440   X SS
 
H 15201 15060 15117    X SS
All time-frames aligned to one direction - Short and did show support as Low made in second hour of the day could not be breached. This ignites a hope of re-bounce only with global clues.
Resistances: 15060 - 15117 - 15201 - 15337 - 15440. 15489 is 5-sma.
Supports are not apparent, but today's low at 14956, 14855 - 14503 as per weekly supports.