Thursday, March 30, 2017

31/03/17 – Levels to watch as per
A.    Pre-Open today
B.    D-Vol theory

A.    Nifty 50 spot Pre-Open @ 9158.90
               
Upside          9168           9178                        9187                9197   
Downside      9149           9140                        9131                9121   

B.    As per D-Vol theory: Close @ 9173.75

Buy above 9187, for targets 9207 – 9216 – 9228 (SL 9155)  
Sell below 9161, for targets 9140 – 9131 – 9120 (SL 9192)

Indications: Scenario A

A.    Nifty Bank spot Pre-Open @ 21551.85

Upside          21588         21624          21661              21697 
Downside      21516         21479          21443              21407

B.    As per D-Vol theory: Close @ 21620.70

Buy above 21662, for targets 21728 – 21756 – 21794 (SL 21577)
Sell below 21580, for targets 21514 – 21486 – 21448 (SL 21664)

Indications: Scenario C

Special Note: Yesterday CLOSE was Highest Close and today’s Open is below it, so if market falls without crossing that close, market may correct more – time and value wise.


PS: Please read Explanation on How to use these levels in different scenarios. 

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