Wednesday, June 08, 2016

9/6/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 8273.35

Upside             8284         8294            8305           8315   
Downside         8263         8252           8242           8231

As per D-Vol theory: Close @ 8273.05

Buy above 8289, for targets 8316– 8327 – 8343 (SL 8257)
Sell below 8257, for targets 8230 – 8219 – 8204 (SL 8290)

Nifty Bank spot Pre-Open @ 17955.80

Upside             17997          18039         18080       18122
Downside         17914          17873         17831       17790 

As per D-Vol theory: Close @ 17946.80

Buy above 17996, for targets 18074 – 18108 – 18153 (SL 17911)

Sell below 17898, for targets 17819 – 17786 – 17740 (SL 17983)
8/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
8285.50
8288.90
8252.05
8273.05
Pivot @ 8271.33 and MP @ 8270.48. Close > PP > MP. As per D-Vol, it touched upside trigger but not further and as per pre-open levels, it achieved almost 3 downside levels.   
M
8113
7679
7995
BB
X
W
8154
7964
8096
BB
X
D
8258
8201
8232
BB
X

H
8279
8262
8271
BD
X
Hourly has suggested to Buy at Decline, if any. Daily-Weekly-Monthly continued to suggest strong Long. Strategy may be to buy at decline.
It closed above 200-dsma @ 7777 and 20-dsma @ 8010.50 and also 5-dsma @ 8236.
Resistances: (8279-89) - 8336.     
Supports: (8271-62-58-52-32-01) –(8154-13) - 8096.  

Nifty Bank spot
17976.25
17995.80
17855.20
17946.80
Pivot @ 17933 and MP @ 17926. Close > PP > MP. It achieved 3 downside levels as per pre-open levels and touched just downside trigger as per D-Vol. Trend is bullish and strategy may be to buy at decline.  
M
17404
16044
17104
BB
X
W
17520
16963
17385
BB
X
D
17849
17661
17781
BB
X

H
17973
17911
17951
X
X
Hourly has been neutral on least volatile day. Daily-Weekly-Monthly have all aligned to suggest Long. View is bullish.    
200-dsma is @ 16464, 20-dsma @ 17151, 5-dsma @ 17763. 
Resistances: (17951-55-73) - (18001-29-95)   

Supports: 17911 – (17869-55) – 17661.