10/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7264.30 - )ne more gap-down open

Upside   7283              7301                7319                7337               

Downside   7246          7228                7209                7191

As per D-Vol theory:

Buy above 7317, for targets 7347 – 7360 – 7377 (SL 7284)

Sell below 7280, for targets 7249 – 7237 – 7219 (SL 7313)

Nifty Bank spot @ 14740.20 – gap-down open again

Upside   14789                     14838     14886     14935         

Downside    14691     14643     14594     14545

As per D-Vol theory:

Buy above 14922 for targets 14998 – 15031 – 15074 (SL 14845)

Sell below 14828, for targets 14752 – 14719 – 14676 (SL 14905)

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EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7303.95-

7323.45-

7275.15-

7298.20

Huge gap down open and below all the levels as per D-Vol were seen at pre-open. No further downfall seen even after trigger on downside, as damage was done initially only.

M	7949	7469	7683	X	S
W	7601	7373	7466	X	S
D	7441	7349	7385	X	SS
H	7320	7293	7303	X	SPT

Though it was volatile day with moves below yesterday low, so direction was downwards, with bouts of sudden jumps to make small new highs during the day, which may have triggered small SL for both bears and bulls. Hourly has shown support near its low 7293. Daily has signaled strong short with Weekly and Monthly supporting it. Maintain short with SL 7385.
Resistances: (7303-20-49-73-85) - (7441-69)
Supports: (7293-75) - 7242 (Low of 20/1/16)

Nifty Bank spot

14830.40

-14964.90-

14760.80-

14875.10

Huge gap down open below all downside levels as per D-Vol, nothing much was left to be achieved for the day. However sudden jumps during the day after trigger on Upside as per pre-open levels, it achieved 2 upside levels as well and filled the gap left out at open.

M	16942	15573	16122	X	S
W	15751	15063	15346	X	S
D	15167	14881	15008	X	SS
H	14962	14864	14895	X	SPT

Clear on Short signal as per all time-frames except hourly which shows minor support at low.

It made same low as on 4/2/16 and also near 14755 - low of 20/1/16. 

Resistances: (14881-95) - 14962 - 15008. 

Supports: 14760 - 14755. Bottom cannot be fathomed due to much weakness in PSU banks.