Monday, April 11, 2016

12/4/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7669.25

Upside             7688         7707            7726           7744   
Downside         7650         7632           7613           7594

As per D-Vol theory: Close @ 7671.40

Buy above 7691, for targets 7724 – 7737 – 7756 (SL 7656)
Sell below 7651, for targets 7619 – 7605 – 7587 (SL 7687)

Nifty Bank spot Pre-Open @ 15809.10

Upside             15867          15925         15982       16040
Downside         15751          15694         15636       15578 

As per D-Vol theory: Close @ 15818.50

Buy above 15874, for targets 15963 – 16001 – 16053 (SL 15787)
Sell below 15763, for targets 15674 – 15636 – 15584 (SL 15850)

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11/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7577.80 7678.80 7516.85 7671.40
Pivot @ 7622.35 and MP @ 7597.83. As per pre-open levels, it triggered on downside first and achieved all 4 downside levels and reversed direction and achieved all 4 upside levels. As per D-Vol, it touched downside trigger but not beyond, but triggered upside and achieved all levels.  

M 7850 7322 7645   BD X
W 7686 7482 7613   BD SPT
D 7656 7554 7623   BB X
 
H 7631 7588 7621   BB X
Hourly and Daily - both signaled Long at EOD. At Daily, it did not only cross DLEma to show Book in Shorts but crossed even DCEma and DHEma to signal clear Long. Weekly suggests Support at Low and Buy at Decline, which is also the Signal in Monthly. 
Supports: (7656-45-31-23-21-13) - (7588-54-16)
Resistances: (7679-86) - 7850. Strategy is clear to Buy at Declines with SL 7623 at EOD.

Nifty Bank spot
15623.35 15853.85 15440.25 15818.50
Pivot @ 15704.20 and MP @ 15647.05. As per D-Vol, it triggered on downside to reach near first level and reversed to trigger upside and achieve all upside levels. As per pre-open, it first triggered on downside and achieved all 4 levels and on reversal, it achieved all 4 upside levels.

M 16574 14993 15888   X X
W 15933 15313 15695   BD SPT
D 15840 15544 15728   BD BPL
 
H 15735 15620 15702   BB X
Hourly signaled clear Long whereas Daily signaled Buy at Decline, but currently Book in Long as Closed below its High - 15840 after crossing it. Weekly suggested Support at low level - 15300+ and suggested Buy at Decline, whereas Monthly stayed Neutral, awaiting clear signal.
Supports: (15735-28-02) - (15695-20) 
Resistances : (15840-53-88) - 15933.