Thursday, December 17, 2015

TECHNICAL ANALYSIS FOR STAR AND CHART

FUTURE :
“BULLISH STAR ABOVE 1300 TGT  1315/1330”
“BEARISH STAR BELOW 1295 TGT 1285/1275”
FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>>>>>>
DAILY CHAT FOR STAR:
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR STAR:
STAR levels generated based on 2015-12-17 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
level
1312
1297
1288
1282
1277
1270
1264
1258
1253
1244
1229
STAR Weekly levels generated for the week starting from 2015-12-14
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
1592
1543
1464
1416
1355
1337
1322
1306
1288
1227
1179
1130
1100
MARKET SUMMARY OF 17 DEC 2015
The Indian equity market ended at two week high on Thursday with the NSE Nifty re-conquering the 7800 mark. Indices extended winning streak to fourth consecutive trading session after the US Federal Reserve raised interest rates for the first time in nearly a decade and signalled its tightening cycle would be “gradual.” Rally was not only seen in India but across the globe as the Asian and European markets too surged higher. China's Shanghai Composite index rallied 1.8% and Hang Seng was up 1%. In Europe, the FTSE 100 jumped 1.5%. On the other hand, DAX and the CAC 40 were up 2% each. The Sensex opened at 25,597, touched an intra-day high of 25,831 and low of 25,448. It finally ended with a gain of 309 points at 25,804.The Nifty opened at 7,783 hitting a high of 7,853 and low of 7,738, before ending with a gain of 93 points at 7,844.

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