Thursday, May 04, 2017

5/05/17 – Levels to watch as per
A.    Pre-Open today
B.    D-Vol theory

A.    Nifty 50 spot Pre-Open @ 9374.55 – Gap Up Open
               
Upside          9384           9394                        9404                9413   
Downside      9365           9355                        9345                9336   

B.    As per D-Vol theory: Close @ 9359.90

Buy above 9371, for targets 9389 – 9397 – 9408 (SL 9341)  
Sell below 9349, for targets 9330 – 9323 – 9312 (SL 9379)

Indications: Scenario B.  
                       
A.    Nifty Bank spot Pre-Open @ 22844.85 Gap Up Open

Upside          22911         22977          23043              23109 
Downside      22779         22713          22647              22581

B.    As per D-Vol theory: Close @ 22720.10

Buy above 22761, for targets 22828 – 22857 – 22895 (SL 22675)
Sell below 22679, for targets 22612 – 22583 – 22545 (SL 22766)

Indications: Scenario B.
           

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

No comments: