Tuesday, April 12, 2016

13/4/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7777.15

Upside             7794         7811            7828           7845   
Downside         7760         7743           7726           7709

As per D-Vol theory: Close @ 7708.95

Buy above 7728, for targets 7760 – 7773 – 7791 (SL 7694)
Sell below 7689, for targets 7658 – 7645 – 7626 (SL 7724)

Nifty Bank spot Pre-Open @ 16087.95

Upside             16147          16206         16265       16324
Downside         16029          15970         15911       15852 

As per D-Vol theory: Close @ 15818.50

Buy above 15934, for targets 16022 – 16059 – 16109 (SL 15848)

Sell below 15826, for targets 15739 – 15702 – 15652 (SL 15912)
12/4/16  - SIMPLE SIGNAL THEORY (SST)

I have drawn the simplest formula to decide for the Trend next day and I want to reveal that simple technique to all concerned.

At end-of-day (EOD), we have 3 figures - Pivot (PP), Mid-Point (MP), and Close(C). Now we have pre-open(PO)  at 9.07 am at Exchange level - NSE or BSE, every working day.  

Now we have 4 levels and market moves accordingly, as per records studied. The Reversal Point (RP) may be worked out in advance and works well in case market reverses Trend mid-way as done last on 1/4/16. 

The simple Rule is that if PP is more than MP previous day, it is Bullish trend and vice-versa. Trend is Up or Down based on above criteria. If during the day, if it crosses RP - Reversal Point - either from upside to down or downside to upside, the trade may be taken accordingly. 

I have compiled data for Nifty 50 spot and Nifty Bank spot since 1/1/2015 and worked out the results with above parameters. It has very fantabulous results and may be relied upon with action to be taken at RP, as explained above.

Those who may be interested in such excel-file, may send me request on my personal email ID "jeetendram@gmail.com". I will send them the file during this long week-end.  

Thanks. 

    
12/4/16 - EOD Analysis with Levels and auto-Signals for NS/BNS

Nifty 50 spot
7669.25 7717.40 7663.35 7708.95
Pivot @ 7696.57 and MP @ 7690.38. As per pre-open and D-Vol, it did not trigger on downside, but achieved 2 levels upside as per pre-open and almost second level as per D-Vol. 

M 7850 7322 7658    BD X
W 7699 7482 7625     B SPT
D 7676 7590 7652    BB X
 
H 7709 7686 7700    RST X
Monthly has asserted positive trend with signal of Buy at Declines, after being neutral so far. Weekly suggested Support at low levels and Weekly and Daily signaled Long. Hourly has however shown Resistance at high as closed just below 7709 after crossing it.  
Supports: (7699-86-76-58-52-25) - 7590.
Resistances: 7718 - 7850.

Nifty Bank spot
15809.10 15958.80 15794.15 15880.20
Pivot @ 15877.72 and MP @ 15876.48. Without trigger on downside as per either D-Vol or pre-open levels, it achieved 2 levels upside as per pre-open and almost 2 levels as per d-Vol too.

M 16574 14993 15908    X X
W 15968 15313 15716   BD SPT
D 15880 15628 15779   BB X
 
H 15904 15827 15878   BD X
Small range through-out the day in positive territory, awaiting big move on day of week-end tomorrow !! Monthly stayed neutral whereas weekly suggested Buy at Decline, showing support at low levels. Daily has signaled Long with Hourly suggesting Buy at declines.
Supports: (15878-27) - (15779-16) - 15628.
Resistances: (15904-08-59-68) - 16574.