Thursday, June 02, 2016

3/6/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 8246.20 – Gap up open

Upside             8257         8269            8280           8291   
Downside         8235         8224           8213           8201

As per D-Vol theory: Close @ 8218.95

Buy above 8237, for targets 8266– 8279 – 8295 (SL 8203)
Sell below 8201, for targets 8172 – 8159 – 8143 (SL 8235)

Nifty Bank spot Pre-Open @ 17657.20 Gap up open

Upside             17695          17734         17772       17810
Downside         17619          17581         17543       17505 

As per D-Vol theory: Close @ 17567.80

Buy above 17618, for targets 17700 – 17735 – 17782 (SL 17533)
Sell below 17517, for targets 17435 – 17400 – 17353 (SL 17603)


Pre-open above Trigger upside as per D-Vol, so look for target levels. 
2/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
8156.90
8229.50
8154.75
8218.95
Pivot @ 8201.07 and MP @ 8192.13. Close > PP > MP. It just touched downside level as per D-Vol and achieved 2 levels Upside and as per pre-open, it achieved all 4 upside levels.   
M
8091
7679
7977
BB
X
W
8073
7853
8006
BB
X
D
8178
8107
8152
BB
X

H
8204
8180
8197
BB
X
Hourly-Daily-Weekly-Monthly are all aligned to suggest strong Long.  
Strategy should be to Buy at Decline.     
It closed above 200-dsma @ 7782 and 20-dsma @ 7929 and also 5-dsma @ 8179.
Resistances: 8230 - 8297- 8336.     
Supports: 8204 - (8197-80-78-52-07) - (8091-73-06).  

Nifty Bank spot
17405.15
17596.40
17350.45
17567.80
Pivot @ 17505 and MP @ 17473. Close > PP > MP. It just touched downside trigger and on Upside, achieved 3 upside levels as per D-Vol and as per pre-open, achieved all 4 upside levels. Trend is cautiously bullish and strategy now may be to Buy at Decline.  
M
17294
16044
16978
B
X
W
17250
16627
17067
BB
X
D
17543
17296
17448
BB
X

H
17538
17458
17512
B
X
Hourly-Daily-Weekly-Monthly are all aligned to suggest Long.   
200-dsma is @ 16481, 20-dsma @ 16915, 5-dsma @ 17529. 
Resistances: 17596 – 17671.   

Supports: (17543-38-12) – (17458-48) – (17296-94-50).