Wednesday, April 27, 2016

28/4/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7967.40

Upside             7983         7998            8013           8028   
Downside         7952         7937           7922           7907

As per D-Vol theory: Close @ 7979.90

Buy above 7999, for targets 8029 – 8042 – 8059 (SL 7964)
Sell below 7961, for targets 7931 – 7918 – 7901 (SL 7996)

Nifty Bank spot Pre-Open @ 16885.80

Upside             16948          17011         17074       17136
Downside         16823          16761         16698       16635 

As per D-Vol theory: Close @ 16892.95

Buy above 16928 for targets 17018 – 17056 – 17107 (SL 16839)

Sell below 16818, for targets 16728 – 16690 – 16638 (SL 16907)
27/4/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7942.00 7991.00 7940.55 7979.90
Pivot @ 7570.48 and MP @ 7965.78. LTP > PP > MP is Bullish. As per pre-open, it did not trigger on downside but achieved 3 levels upside. As per D-Vol, it triggered upside, but could not reach any further level. Undertone is bullish, but may be cautious ahead of events overseas.

M 7925 7322 7748   BB X
W 7880 7676 7825   BB X
D 7949 7865 7925   BB X
 
H 7982 7964 7974   RST X
Hourly signaled some resistance at higher levels but is nearby. Daily-Weekly-Monthly continued with signal of Long. First signal of weakness may be below 7949 - DHEma. 
Supports: (7974-64-49-25) - (7880-65-25) - 7748.
Resistances: 7991. Last swing high was at 7978.45, above which Close has come today, so expect upside till 8130+. Calculation = 7978.45 + (7978.45 - 7822.55) = 8134.35.

Nifty Bank spot
16869.35 16995.00 16827.35 16872.95
Pivot @ 16898.43 and MP @ 16911.18. LTP < PP < MP, Bearish today. As per pre-open, it achieved 2 upside levels and as per D-Vol, it achieved 2 downside levels. Market looks bit weak and cautious ahead of events overseas.
 
M 16825 14993 16239   B X
W 16558 15888 16380   BB X
D 16828 16576 16744   BB X
 
H 16933 16861 16894    X SPT
Hourly showed support at lower level - 16860. Daily-Weekly-Monthly continued to signal Long.
Supports: (16861-28-25) - 16744 - 16558.
Resistances: 16894 -16995 - 17030. Concern is that today is has not touched yesterday's close, which was Highest Close (17003) in current up-run.