Tuesday, May 10, 2016

11/5/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7804.65 – Gap Down Open

Upside             7829         7852            7876           7900   
Downside         7781         7757           7733           7709

As per D-Vol theory: Close @ 7887.80

Buy above 7905, for targets 7934 – 7946 – 7962 (SL 7872)
Sell below 7870, for targets 7842 – 7830 – 7814 (SL 7904)

Nifty Bank spot Pre-Open @ 16544.25 – Gap Down Open

Upside             16630          16716         16802       16888
Downside         16458          16372         16286       16201 

As per D-Vol theory: Close @ 16784.95

Buy above 16836, for targets 16918 – 16953 – 17000 (SL 16751)

Sell below 16734, for targets 16652 – 16617 – 16570 (SL 16819)
10/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7873.55
7896.90
7837.70
7887.80
Pivot @ 7874.13 and MP @ 7867.30. Close > PP > MP. It achieved first level upside and downside as per pre-open and D-Vol theory and not further. 

M
7916
7441
7766
BD
X
W
7888
7697
7806
RST
X
D
7847
7767
7824
BB
X

H
7884
7865
7876
B
X
Hourly and Daily have continued with signal Long, whereas Weekly suggested Resistance at high but Monthly continued to signal to Buy at Decline. Closed above even 200-dsma @ 7830.75, which would be support. 7820 is also 20-dsma and below which 7786 is 5-dsma. Bullish set-up to Buy at Decline.
Supports: (7884-76-65-47-24-06) - (7767-66)
Resistances: (7888-97) - 7916. 

Nifty Bank spot
16710.05
16812.20
16613.90
16784.95
Pivot @ 16737.02 and MP @ 16713.05. Close > PP > MP. It achieved all upside levels as per pre-open as well D-Vol theory, without even trigger-level. 

M
16821
15391
16404
BD
X
W
16679
16104
16485
B
X
D
16653
16412
16581
BB
X

H
16765
16709
16744
B
X
Hourly-Daily-Weekly have continued signal of Long whereas Monthly suggested Buy at Decline. 200-dsma at 16634 would also act as support. 
Supports: (16765-44-09) – (16679-53) - (16485-12)

Resistances: (16813-21)