Tuesday, June 21, 2016

22/6/16 – Levels to watch after Pre-Open today as well as per D-Vol theory:

Nifty 50 spot Pre-Open @ 8213.65

Upside             8223         8232           8240            8249   
Downside         8205         8196           8187           8178

As per D-Vol theory: Close @ 8219.90

Buy above 8235, for targets 8260– 8270 – 8284 (SL 8203)
Sell below 8205, for targets 8180 – 8170 – 8156 (SL 8236)

Nifty Bank spot Pre-Open @ 17610.10

Upside             17639          17668         17697       17726
Downside         17581          17552         17523       17494 

As per D-Vol theory: Close @ 17619.10

Buy above 17662, for targets 17730 – 17759– 17799 (SL 17584)

Sell below 17577, for targets 17508 – 17479 – 17439 (SL 17654)
21/6/16 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
8255.40
8257.25
8202.15
8219.90
Pivot @ 8226.43 and MP @ 8229.70. Close < PP < MP. It opened Gap-Up but did not trigger upside but achieved all 4 downside levels post-trigger as per pre-open. It just touched trigger points upside as well on downside as per D-Vol, but not beyond. Trend is cautiously Bullish as nearing expiry.  
M
8113
7648
7978
BB
X
W
8202
8030
8138
B
X
D
8226
8143
8199
BD
BPL

H
8228
8210
8220
X
SPT
Hourly showed Support at lower level and Daily signaled Book in Long with Buy at Decline, so in trading mode between DHEma and DLEma. Weekly continued to show Long with Monthly maintaining with signal of “Long”.
It closed above 200-dsma @ 7772 (rising) and 20-dsma @ 8171 (rising) and also 5-dsma @ 8195 (rising). We have all rising averages now to take chance to Buy at Dips. 
Supports: (8210-02) – (8199-43-13)          
Resistances: (8226-28–58) – (8262-95)     

Nifty Bank spot
17761.65
17763.30
17585.65
17619.10
Pivot @ 17656 and MP @ 17674. Close < PP < MP. It just touched upside trigger as per D-Vol but achieved 2 downside levels. As per pre-open, it achieved all 4 levels downside without trigger on upside. Trend weakened.   
M
17421
16044
16995
B
X
W
17708
17243
17515
RST
X
D
17803
17559
17691
X
SR

H
17688
17626
17652
X
SS
Hourly signaled Short whereas Daily signaled “Sell on Rise”. Weekly suggested Resistance at higher level and Monthly is still with signal “Long” but not strong.     
200-dsma is @ 16445 (rising), 20-dsma @ 17643 (rising), 5-dsma @ 17725 (falling from rising). Short term looks cautious view till week-end due to Brexit.
Resistances: (17626-52-88-91) – 17708 - 17803      

Supports: (17585-59-15) – 17421.