Tuesday, May 31, 2016

1/6/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 8179.30

Upside             8193         8207            8221           8234   
Downside         8166         8152           8138           8124

As per D-Vol theory: Close @ 8160.10

Buy above 8179, for targets 8210– 8223 – 8240 (SL 8144)
Sell below 8141, for targets 8111 – 8098 – 8080 (SL 8176)

Nifty Bank spot Pre-Open @ 17670.85

Upside             17712          17754         17795       17837
Downside         17629          17588         17546       17505 

As per D-Vol theory: Close @ 17620.90

Buy above 17673, for targets 17757 – 17793 – 17841 (SL 17586)

Sell below 17569, for targets 17485 – 17449 – 17401 (SL 17656)
31/5/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
8209.85
8213.60
8134.30
8160.10
Pivot @ 8169.33 and MP @ 8173.95. Close < PP < MP. It achieved all 4 levels downside as per pre-open and triggered upside and downside level as per Pre-open theory.  
M
8021
7441
7857
BB
X
W
8068
7853
7987
B
X
D
8121
8038
8089
BB
X

H
8176
8148
8165
X
X
Hourly suggested to be neutral but Daily-Weekly-Monthly aligned to suggest Long.  
Strategy should be to Buy at Decline.     
It closed above 200-dsma @ 7786 and 20-dsma @ 7881 and also 5-dsma @ 8100.
Resistances: (8167-78) - 8214 - 8297- 8336.     
Supports: (8156-21) - (8089-68-38-21) – 7987.  

Nifty Bank spot
17615.10
17648.25
17462.20
17620.90
Pivot @ 17577 and MP @ 17555. Close > PP > MP. It triggered Upside and Downside trigger as per D-Vol but not beyond and as per pre-open, achieved 3 downside levels. Trend is cautiously bullish and strategy now may be to Buy at Decline.  
M
17105
15391
16682
BB
X
W
17248
16664
17085
BB
X
D
17439
17207
17370
BB
X

H
17606
17519
17577
B
X
Hourly-Daily-Weekly-Monthly are all aligned to suggest Long.   
200-dsma is @ 16495, 20-dsma @ 16793, 5-dsma @ 17402. 
Resistances: 17649 – 17667.   

Supports: 17606 – 17577 – 17439 – 17370 - 17248.