Tuesday, February 16, 2016

17/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @  7058.85

Upside             7074                7090                7105                7120   
Downside         7043                7028                7013                6997

As per D-Vol theory:

Buy above 7072, for targets 7110 – 7126 – 7148 (SL 7034)
Sell below 7025, for targets 6986 – 6970 – 6948 (SL 7062)

Nifty Bank spot @ 14165.25

Upside             14210              14254              14299              14343
Downside         14121              14076              14032              13987 

As per D-Vol theory:

Buy above 14226, for targets 14321 – 14362 – 14417 (SL 14138)
Sell below 14107, for targets 14011 – 13971 – 13916 (SL 14195)


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16/02/2016 - EOD analysis with Levels and auto-Signals

Nifty 50 spot
7201.25- 7204.65- 7037.70- 7048.25
It was second consecutive gap-up open today, which normally suggests to be cautious till upside-trigger as per pre-open signals positive move. Once again, it did not trigger on upside but achieved all downside levels as per pre-open as well as per D-Vol level and beyond. It was one-day reversal yesterday, which has proposed more downside likely in coming days.

M 7949 7333 7600  X SS
W 7469 7171 7256   X S
D 7211 7060 7112   X SS
 
H 7114 7072 7085   X S
Once again, all time-frames aligned in one direction -with short signal. 
Resistances: (7072-60-85) - (7112-14-71)
Supports: 7037 - 6960 - 6869. 

Nifty Bank spot  
14602.25- 14602.25 -14136.80- 14166.45
Though it opened with gap-up, it did not trigger on upside and started correcting and triggered on downside with all levels achieved on downside as per D-Vol and pre-open levels. 

M 16942 15257 15886   X SS
W 15368 14538 14752    X S
D 14603 14190 14324   X SS
 
H 14316 14217 14252   X SS
All time-frames aligned to show short. Trade as per levels above.
Resistances: 14190 - (14217-52) - (14316-24)
Supports: 14136 - 13970 - 13811.