02/02/18 – Levels to watch as per
A. Pre-Open today
B. D-Vol theory
A.
Nifty 50 spot Pre-Open @ 10938.20 Gap
Down Open
Upside
10954 10969 10985 11001
Downside
10923 10907 10891 10876
B.
As per D-Vol theory: Close @ 11027.70
Buy above 11042, for targets 11065 – 11075 – 11088 (SL 11006)
Sell below 11013, for targets 10990 – 10980 – 10967 (SL 11050)
Indications: Scenario B-/C-.
A.
Nifty Bank spot Pre-Open @ 27017.40 Gap Down Open
Upside
27114 27211 27308 27405
Downside
26920 26823 26726 26629
B.
As per D-Vol theory: Close @ 27220.70
Buy above
27265, for targets 27337 – 27367 – 27409 (SL 27166)
Sell
below 27176, for targets 27105 – 27074 – 27033 (SL 27275)
Indications: Scenario B-/C-.
Alert: Huge Gap Down Open reflects impacts of Budget on markets.
PS: Please read
Explanation on How to use these levels in different scenarios.
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