Tuesday, March 01, 2016

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

Nifty 50 spot Pre-Open @ 7321.70

Upside             7343                7365                7387                7409   
Downside         7300                7278                7256                7235

As per D-Vol theory: Close @ 7222.30

Buy above 7247, for targets 7287 – 7304 – 7327 (SL 7208)
Sell below 7198, for targets 7158 – 7141 – 7118 (SL 7237)

Nifty Bank spot Pre-Open @ 14770.35

Upside             14848              14925              15002              15080
Downside         14693              14616              14538              14461 

As per D-Vol theory: Close @ 14412.90

Buy above 14474, for targets 14572 – 14614 – 14671 (SL 14384)

Sell below 14352, for targets 14253 – 14211 – 14155 (SL 14442)
1/3/2016 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7038.25 7235.50 7035.10 7222.30
Pivot @ 7184.30 and MP @ 7135.30. As per pre-open levels, it achieved all upside levels without trigger on downside level and also as per D-Vol, and much beyond. One more simple clue to note that when market opens above previous day close, MP and Pivot, and market moves above Open, it's Long for intraday with targets of previous day (High+Range/2) and (High+Range).

M 7711 7224 7460   X S
W 7346 6998 7219   BD BPS
D 7147 6983 7095   BB X
 
H 7188 7165 7183   B X
Monthly, on its first day, has continued with signal of Short, whereas Weekly has signaled Book in Short with Buy at Decline. Daily and Hourly are in clear Long signal. Market has moved 410 points from yesterday's low to today's high, so wait for opportunity to enter at retracement.
Supports: 7219 - (7188-83-65-47) - 7095 - (6998-83)
Resistances: 7224 - 7346 - 7460. 

Nifty Bank spot
14064.80 14445.70 14064.80 14412.90
Pivot @ 14307.80 and MP @ 14255.25. It was Open = Low, so Long signal since open and achieved all upside levels as per D-Vol and pre-open levels and beyond. 

M 16110 14770 15346   X S
W 14860 13901 14452   X BPS
D 14219 13783 14066   BB X
 
H 14363 14285 14337   B X
Though Monthly continued with signal short, Weekly signaled Book in Short and Daily and Hourly in clear Long signal. Nifty Bank has moved 1038 points since yesterday low, so wait for some dip to long again. 
Supports: (14363-337) - (14285-219) - 14066 -13901.
Resistances: 14452 - 14770 - 14860.