Tuesday, October 6, 2015

TECHNICAL ANALYSIS OF STAR & DAILY CHART

FUTURE :
“BULLISH STAR ABOVE 1285 TGT  1292/1305”
“BEARISH STAR BELOW 1280 TGT 1272/1260”
DAILY CHAT FOR STAR
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR STAR
STAR levels generated based on 2015-10-06 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
 Levels
1333
1317
1302
1292
1286
1280
1273
1266
1260
1254
1244
STAR Weekly levels generated for the week starting from 2015-10-05
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
1337
1323
1301
1287
1270
1265
1261
1256
1251
1234
1220
1207
1198
SIMPLE MOVING AVERAGES:
Days
BSE
NSE
30
1183.06
1184.00
50
1224.23
1224.99
150
1161.14
1161.70
200
1098.49
1098.88
MARKET SUMMARY FOR 06 OCTOBER
The market ended with handsome gains. The Sensex is up 147 points or 0.5 percent at 26932 and the Nifty is up 33.60 points or 0.4 percent at 8152. About 1585 shares have advanced, 1148 shares declined, and 114 shares are unchanged. Markets closed higher on sustained buying across the bourses amid firm global cues after hopes of an interest rate hike by the US Federal Reserve waned on the back of sluggish US jobs data. A smart rally in the oil and gas stocks and metal shares tracking a rebound in the overnight global commodity prices has lifted the benchmarks higher.
TOP GAINERS AND LOSERS ARE:
Company
Price
% Gain
          Company
                   Price
% Loss
Tata Motors
333
5.89
             BHEL
197
-3.13
ITC
342
4.05
             Infosys
1,154
-2.30
Coal India
342
3.93
            UltraTechCement
2,767
-1.73
Cipla
664
3.73
             NTPC
125
-1.53
GAIL
308
3.26
             ACC
1,350
-1.41



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