Wednesday, May 11, 2016

12/5/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 7871.45

Upside             7898         7924            7950           7976   
Downside         7845         7819           7793           7767

As per D-Vol theory: Close @ 7848.85

Buy above 7866, for targets 7893 – 7905 – 7921 (SL 7833)
Sell below 7832, for targets 7804 – 7792 – 7777 (SL 7865)

Nifty Bank spot Pre-Open @ 16881.25 – Gap Up Open

Upside             16966          17050         17134       17218
Downside         16797          16713         16628       16544 

As per D-Vol theory: Close @ 16754.45

Buy above 16803, for targets 16883 – 16917 – 16962 (SL 16721)

Sell below 16705, for targets 16626 – 16592 – 16547 (SL 16788)
11/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
7804.65
7893.10
7780.90
7848.85
Pivot @ 7840.95 and MP @ 7837.00. Close > PP > MP. After huge gap-down open, it achieved first level downside as per pre-open and then rallied to cross 3 levels upside. However, as per D-Vol theory, it started climbing 3 levels upside from Bottom target.  
M
7916
7441
7753
BD
X
W
7888
7697
7793
RST
X
D
7862
7771
7832
BD
BPL

H
7864
7835
7851
X
X
Hourly has signaled Neutral and Daily has signal of Book in Long with Buy at Decline. Weekly continued suggestion of Resistance at high but Monthly signaled to Buy at Decline. Closed above even 200-dsma @ 7827, which would be support. 7835 is also 20-dsma and below which 7814 is 5-dsma. Strategy to Buy at Decline.
Resistances: (7851-62-64-88-94) – 7916.
Supports: (7835-32) – (7793-71-53) 

Nifty Bank spot
16544.25
16861.95
16518.75
16754.45
Pivot @ 16711.72 and MP @ 16690.35. Close > PP > MP. After huge gap-down open, it achieved 3 upside levels as per pre-open without trigger on downside. As per D-Vol theory, it climbed from bottom all levels on way up till trigger at upside level. 
M
16837
15391
16404
RST
X
W
16695
16104
16485
B
X
D
16723
16448
16639
BB
X

H
16772
16695
16743
RST
X
Hourly has shown Resistance at Higher level. Daily-Weekly have continued signal of Long whereas Monthly suggested Resistance at High – 16850+. 200-dsma is at 16623. 
Supports: (16743-23) – (16695-39) - (16485-48)

Resistances: 16772 – (16812—37-61)