JeetendraM: 02/25/16

Thursday, February 25, 2016

26/2/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot @ 7039.30

Upside 7056 7074 7091 7108

Downside 7022 7005 6988 6971

As per D-Vol theory:

Buy above 6992, for targets 7027 – 7041 – 7061 (SL 6957)

Sell below 6949, for targets 6915 – 6900 – 6880 (SL 6985)

Nifty Bank spot @ 13715.10

Upside 13747 13778 13810 13842

Downside 13683 13652 13620 13588

As per D-Vol theory:

Buy above 13609, for targets 13696 – 13733 – 13782 (SL 13529)

Sell below 13502, for targets 13416 – 13379 – 13329 (SL 13583)

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25/02/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot

7029.85

-7034.20

-6961.40-

6970.60

As per pre-open levels, it did not trigger on upside but triggered on downside and achieved all 4 levels. As per D-Vol, it did not trigger on upside, but achieved first downside level after trigger.

M	7949	7333	7574	X	SS
W	7402	7084	7197	X	S
D	7133	7040	7066	X	SS

H	7006	6976	6986	X	SS

All time-frames aligned to signal Short, with SL of 7066 at EOD. First signal to Book in Short will come only after Close above 7040 - DLEma. Better may be 7084 at weekly level for tomorrow.

Resistances: (6976-86) - (7006-40-66-84) - (7133-97)

Support lies at 6869 - low made on 12/2/16.

Nifty Bank spot

13844.45-

13519.90-

13555.70

It did not trigger on upside either as per d-Vol or as per pre-open levels, but triggered on downside and achieved all levels on downside. BN looks weaker than Nifty.

M	16942	15160	15682	X	SS
W	15068	14148	14393	X	SS
D	14128	13842	13904	X	SS

H	13728	13629	13654	X	SS

All time-frames are aligned with signal of strong short, with SL of 13904 at EOD. Signal to look for reversal are at 13842 - DLEma for Book in Short signal.

Resistances: (13629-54) - 13728 - (13842-45). No apparent support nearby.