Thursday, March 10, 2016

11/3/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7484.85 – Flat open

Upside             7501                7516                7532                7648   
Downside         7469                7453                7438                7422

As per D-Vol theory: Close @ 7486.15

Buy above 7510, for targets 7548 – 7564 – 7586 (SL 7471)
Sell below 7463, for targets 7425 – 7408 – 7387 (SL 7501)

Nifty Bank spot Pre-Open @ 15133.75

Upside             15217              15300              15384              15467
Downside         15050              14967              14884              14800 

As per D-Vol theory: Close @ 15180.65

Buy above 15246, for targets 15352 – 15398 – 15458 (SL 15150)

Sell below 15115, for targets 15009 – 14964 – 14903 (SL 15211)
10/03/16 - EOD Analysis with Levels and auto-Signals for NS/BNS

Nifty 50 spot
7545.35 -7547.10- 7447.40- 7486.15
Pivot @ 7493.55 and MP @ 7497.25. After gap-up open, it was almost open=high in hourly and signaled Short. It did not trigger on upside but triggered on downside and achieved all downside levels. Even as per D-Vol, it did not trigger upside but triggered on downside and achieved 2 levels on downside post-trigger. 

M 7815 7224 7548   X SPT
W 7473 7140 7366   B X
D 7492 7392 7456   BD BPL
 
H 7499 7471 7484    BD X
In Hourly, it signaled Buy at Decline near 7470 level. However, it signaled Book in Long in Daily as closed below DHEma 7492 after crossing it. Weekly continued with Long signal whereas Monthly suggested Support at lows. It seems that correction has started from level it touched Monthly Close EMA - 7548. More correction may happen if closes below 7456 - DCEma.
Resistances: (7492-99) - 7548.
Supports: (7484-73-71-56) - (7392-66)

Nifty Bank spot
15347.45 15354.15 15098.50 15180.65
Pivot @ 15211.10 and MP @ 15226.33. It opened with gap-up and at trigger upside as per D-Vol, but it made Open = High in Hourly and corrected on downside to trigger and achieve first level as per pre-open levels as well as D-Vol levels. 

M 16445 14770 15602    X SPT
W 15248 14264 14901   RST X
D 15236 14924 15111   BD BPL
 
H 15245 15160 15198   X SPT
It suggested support at Monthly at low - 14770, which is far-off and in Hourly at 15160. However it signaled Book in Long as per Daily, as Closed below DHEma 15236 after crossing it. Daily also suggests Buy at Decline near its low - 14924. Weekly signaled Resistance at high 15248.
Resistances: 15198 - (15236-45-48) - 15602.
Supports: (15160-11) - (14924-01).