Thursday, April 21, 2016

22/4/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7891.80

Upside             7905         7917            7930           7943   
Downside         7879         7866           7853           7841

As per D-Vol theory: Close @ 7912.05

Buy above 7932, for targets 7963 – 7977 – 7995 (SL 7896)
Sell below 7892, for targets 7861 – 7847 – 7829 (SL 7928)

Nifty Bank spot Pre-Open @ 16641.05

Upside             16684          16726         16769       16812
Downside         16598          16556         16513       16471 

As per D-Vol theory: Close @ 16637.15

Buy above 16695, for targets 16788 – 16828 – 16882 (SL 16604)

Sell below 16579, for targets 16486 – 16446 – 16393 (SL 16670)
21/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7953.65 7978.45 7884.10 7912.05
Pivot @ 7924.87 and MP @ 7931.28. Trend reversed for PP and MP today after long run upside for 6 days. After gap-up open, it touched almost 2 levels upside and then triggered downside to achieve all 4 downside levels, as per pre-open levels. As per D-Vol, it achieved 2 upside and one downside level. We may further see fall of 80/100 points for reversal again on upside.

M 7921 7322 7726   BPL X
W 7825 7602 7752   BB X
D 7893 7807 7856   BB X
 
H 7938 7907 7920   X SPT
Monthly signaled Book in Long as closed below MHEma 7921 after crossing it.However Weekly and Daily maintained Long signal with Hourly suggesting support at low near 7900. 
Resistances: (7920-21-38-79) 
Supports: 7907 - (7893-56-25-07) - 7726.

Nifty Bank spot
16526.55 16769.55 16526.55 16637.15
Pivot @ 16644.42 and MP @ 16648.05. It was stronger than Nifty and held nifty up today. It achieved all 4 upside levels after gap-up open as per pre-open levels, without trigger on downside. As per D-Vol, it touched 3rd and 4th level upside, without giving opportunity to long.

M 16738 14993 16161   RST X
W 16322 15546 16111   BB X
D 16402 16147 16307   BB X
 
H 16699 16607 16653   X BPS
Monthly showed resistance at high near MHEma 16738. Weekly and Daily continued to show Long signal, whereas Hourly signaled Book in Short near 16600+. 
Supports: 16607 - 16526 - 16402 - 16307.
Resistances: (16653-99) - (16738-70)