Monday, June 20, 2016

21/6/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 8255.40 – Gap Up Open

Upside             8266         8277           8287            8298   
Downside         8245         8234           8223           8213

As per D-Vol theory: Close @ 8238.50

Buy above 8254, for targets 8279– 8290 – 8304 (SL 8222)
Sell below 8223, for targets 8198 – 8187 – 8173 (SL 8255)

Nifty Bank spot Pre-Open @ 17761.65

Upside             17799          17836         17873       17911
Downside         17724          17687         17650       17613 

As per D-Vol theory: Close @ 17718.60

Buy above 17763, for targets 17834 – 17864– 17905 (SL 17683)

Sell below 17675, for targets 17604 – 17573 – 17533 (SL 17754)
20/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
8115.75
8244.15
8107.35
8238.50
Pivot @ 8196.67 and MP @ 8175.75. Close > PP > MP. It opened gap-down and achieved 2 downside levels post-trigger as per D-Vol. It achieved 4 levels upside as per pre-open levels. Trend is turned Bullish as nearing expiry.  
M
8113
7648
7984
BB
X
W
8197
8030
8145
B
X
D
8210
8113
8189
BB
X

H
8229
8208
8222
B
X
Hourly showed Long and Daily signaled strong long after weak open. Weekly showed Long with Monthly maintaining with signal of “Long”.
It closed above 200-dsma @ 7770 (rising from same) and 20-dsma @ 8148 (rising) and also 5-dsma @ 8173 (rising from same). We have all rising averages now.  
Supports: (8229-22-10-08)- (8197-89-45-13)         
Resistances: (8245–62–95)     

Nifty Bank spot
17425.80
17779.00
17425.80
17718.60
Pivot @ 17641 and MP @ 17602. Close > PP > MP. It achieved all 4 levels downside and trigger upside as per D-Vol and as per pre-open, it achieved all 4 levels upside. The strategy may be to buy at decline.  
M
17421
16044
17028
BB
X
W
17708
17243
17548
B
X
D
17823
17546
17727
BPS
SR

H
17738
17669
17704
BD
X
Hourly signaled Buy at Decline whereas Daily signaled “Book in Short” with “Sell on Rise”. Weekly suggested Long again. Monthly is still with signal “Long”.     
200-dsma is @ 16443 (rising from falling), 20-dsma @ 17584 (rising), 5-dsma @ 17735 (rising from falling). 
Resistances: (17738-79) – 17823 - 17944      

Supports: (17727-04) – 17669 – 17546 – 17425.