Wednesday, March 16, 2016

17/3/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7557.40

Upside             7578                7598                7619                7539   
Downside         7537                7517                7496                7476

As per D-Vol theory: Close @ 7498.75

Buy above 7520, for targets 7555 – 7570 – 7590 (SL 7484)
Sell below 7477, for targets 7442 – 7427 – 7407 (SL 7514)

Nifty Bank spot Pre-Open @ 15622.30

Upside             15690              15758              15825              15893
Downside         15555              15487              15419              15352 

As per D-Vol theory: Close @ 15461.70

Buy above 15522, for targets 15619 – 15661 – 15717 (SL 15431)

Sell below 15401, for targets 15304 – 15262 – 15207 (SL 15493)
16/3/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7457.05 7508.00 7405.15 7498.75
Pivot @ 7470.63 and MP @ 7456.58. As per pre-open levels, it achieved 3 downside levels and scaled to achieve 3 upside levels. As per D-Vol, it achieved both side trigger and SL level, but not beyond. This happens when market is not trended strongly.   


M 7828 7224 7552   X SPT
W 7510 7228 7416    BPL X
D 7528 7435 7489   BD X
 
H 7477 7444 7466   BB X
Hourly signaled Long whereas Daily showed Buy at Declines. Weekly signaled Book in Long and Monthly showed support at lower level. Last 3 days' swing high at 7583.70 and swing low at 7405.15 suggests Short near 7515 with SL of 7550. If it happens, target downside may be 7356 to 7295 to 7116. However, if crosses 7550, it may scale newer highs. 
Resistances: (7510-28-52) - 7584 - 7645 (100-dsma) - 7828.
Supports: (7489-77-66-44-35-16) - (7228-24)

Nifty Bank spot  
15304.35 15489.50 15178.30 15461.70
Pivot @ 15376.50 and MP @ 15333.90. As per pre-open levels, it achieved 2 downside and 3 upside levels. As per d-Vol, it triggered on downside and also triggered SL and subsequently triggered on upside and achieved upside first level. Maintain Long with SL 15300.

M 16458 14770 15696   X SPT
W 15329 14569 15085   BB X
D 15391 15139 15306   BB X
 
H 15389 15289 15357   B X
Hourly-Daily and Weekly signaled Long and Monthly showed Support at lower levels. 
Supports: (15391-89-57-29-06) - 15289 - 15139 - 15085.
Resistances: 15490 - 15696.