Wednesday, April 06, 2016

7/4/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7630.40

Upside             7647                7663                7679                7695   
Downside         7614                7598                7582                7566

As per D-Vol theory: Close @ 7614.35

Buy above 7634, for targets 7667 – 7680 – 7699 (SL 7599)
Sell below 7594, for targets 7562 – 7548 – 7530 (SL 7630)

Nifty Bank spot Pre-Open @ 15668.95

Upside             15709              15748              15788              15828
Downside         15629              15590              15550              15510 

As per D-Vol theory: Close @ 15636.95

Buy above 15695, for targets 15788 – 15827 – 15881 (SL 15606)
Sell below 15579, for targets 15486 – 15446 – 15393 (SL 15668)

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6/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7636.05 7638.65 7591.75 7614.35
Pivot @ 7614.92 and MP @ 7615.20. It did not breach yesterday low but had almost sideways movement thru day. Open was above trigger as per D-Vol, but had no follow-up and triggered on downside with same result. Two downside levels achieved as per Pre-open levels.

M 7850 7346 7626    X X
W 7690 7485 7603   RST X
D 7707 7625 7658   X SS
 
H 7629 7602 7615   X X
After an eventful day yesterday, Hourly were Neutral and Daily continued with Short signal. Weekly signaled resistance at high near 7690, whereas Monthly was neutral. 
Resistances: (7615-25-26-29-58-90) - 7707.
Supports: 7602 - (7588-91) - 7580 (100-dsma). 

Nifty Bank spot
15750.15 15768.55 15578.55 15636.95
Pivot @ 15661.35 and MP @ 15673.55. Opened above trigger as per D-Vol, but did not have any follow-up. Triggered on downside with same result. As per pre-open levels, achieved all downside levels. Weakness was more in Bank-Nifty than in Nifty. 

M 16574 15039 15827    X X
W 15973 15290 15656   RST X
D 16031 15751 15846    X SS
 
H 15705 15618 15652   X X
Hourly did not signal on either side with Daily remaining in Short. Weekly continued to signal resistance at high whereas Monthly was neutral. 
Resistances: (15652-56) - (15705-51) - 15827.
Supports: (15659-18) - 15578 - 15290.