3/04/17 – Levels to watch as per

A.    Pre-Open today

B.    D-Vol theory

A.    Nifty 50 spot Pre-Open @ 9220.60

               

Upside          9230           9239                        9248                9257   

Downside      9212           9202                        9193                9184   

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 C, between targets 3 and 4

A.    Nifty Bank spot Pre-Open @ 21539.20

Upside          21575         21611          21646              21682 

Downside      21503         21468          21432              21396

B.    As per D-Vol theory: Close @ 21444.15

Buy above 21485, for targets 21550 – 21578 – 21616 (SL 21401)

Sell below 21404, for targets 21338 – 21310 – 21273 (SL 21487)

Indications: Scenario C, below first target.

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

REVIEW OF THE WEEK ENDED 31-03-2017 WITH D-VOL AND PRE-OPEN LEVELS

Short-forms used are PO for pre-open and DV for D-Vol.

NS (Nifty Spot)    

On 27/03/17, PO was under A of write-up and covered all 4 downside levels as per PO. It did not touch upside trigger level as per DV or as per PO.

On 28/03/17, scenario was as per A1 of write-up, and it touched 2 upside levels, without breaching downside trigger as per PO and achieved all upside levels as per DV.

On 29/03/17, it was scenario A of write-up with gap-up, but it covered 2 downside levels as per PO and turned up to achieve 3 upside levels. As per DV, it came down till upside trigger level and attained 2 upside levels as per DV.

On 30/03/17, scenario A was applicable, as pre-open was near close. Without touching any downside trigger as per both theories, it showed way on upside 4 levels as per PO and 2 levels as per DV.

On 31/03/17, Scenario C was applicable and it turned up joining main-trend without touching downside trigger as per PO and achieved 3 levels as per PO and 1 upside level as per DV.  

BNS (Bank Nifty Spot)

 On 27/03/17, PO was as per A, showing way for rest of the day to attain 4 downside levels as per PO. Though it triggered on upside as per DV, it did cover downside 3 targets.

On 28/03/17, As per B2 of write-up, it first touched 2 downside levels as per PO and then surgedto attain all 3 target levels as per DV.

On 29/03/17, It was gap-up open as per B of write-up and just came down till upside trigger levels as per DV and downside trigger as per PO and attained 3 upside levels as per PO as well as DV.

On 30/03/17, PO was as per scenario A of write-up and it just touched downside trigger as per PO and DV and returned to main trend to touch all 4 levels as per PO and DV.  

On 31/03/17, PO as per scenario C above and it touched 4 downside levels as per DV and 3 downside levels as per PO.