3/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7292.45 Big Gap down

Upside   7418              7444                7469                7495               

Downside   7367          7341                7316                7290

As per D-Vol theory:

Buy above 7474, for targets 7504 – 7517 – 7534 (SL 7441)

Sell below 7437, for targets 7407 – 7394 – 7377 (SL 7470)

Nifty Bank spot @ 14897.40 Big gap down

Upside   14974     15050     15126     15202   

Downside    14821     14745     14669     14593

As per D-Vol theory:

Buy above 15117, for targets 15196 – 15229 – 15274 (SL 15038)

Sell below 15019, for targets 14940 – 14907 – 14862 (SL 15098) 

2/2/16 -EOD Analysis with Levels and auto-Signals for NS and BNS

Nifty 50 spot

7566.65-

7576.30-

7428.05-

7455.55

As per pre-open levels posted, it did not trigger on upside, but triggered on Downside even with D-Vol theory and met all 3 levels downside. It seems to have changed track from bullish to bearish with SL at 7482 at EOD now.

M	7949	7519	7735	X	S
W	7645	7448	7539	X	SPT
D	7550	7437	7482	BPS	SR
H	7538	7489	7508	X	SS

Hourly signaled Book Long at 1 pm and showed Short signal in last 3 hours. However with sharp fall below DLEma - 7437 and closing above it, has signaled Book in short as well, with Sell on Rise near 7482 to 7550. Weekly signaled support at low of 7448 but Monthly continued Short.

Resistances: (7482-89) - (7508-19-38-39-50) 

Supports :(7448-37-29-210 and 7402.

Nifty Bank spot:

15353.60-

15463.45-

15018.85

-15068.00

As per D-vol, it triggered upside and achieved first level, but ultimately succumbed to selling pressure and achieved all downside levels as per D-Vol as well as Pre-open levels posted.

M	16942	15659	16186	X	S
W	15942	15300	15550	X	S
D	15539	15184	15293	X	SS
H	15279	15144	15198	X	SS

All time-frames are aligned to signal Short. Nearest point of reversal may be close above 15144 - HrLEma at 10 am tomorrow or 15184 - DLEma at EOD tomorrow. 

Resistances: (15144-184-198) - (15279-93)  - 15300.

Supports: 15018 - 14956 and 14754 (swing lows of 18/1/16 and 20/1/16)

Predictive methods look for downward targets, but not mentioning here.