STAR - School of Technical Analysis and Research

STAR - School of Technical Analysis and Research STAR is Analysis School for Market prices movements and helps in prediction of price movements in future. One more Update is uploaded after 9.45 am, i.e.

I post here daily the Levels of Nifty and Bank Nifty SPOT, after pre-open session is closed at 9.07 am. These Levels help market players to trade and monitor their positions. after 30-minutes of working of the day. It is found that most of the levels on either side are achieved almost daily and sometimes, when market moves both sides, the levels of both sides are also achieved.

04/01/2022

Mkts within Bulls' grip....

31/12/2020

Todays expiry is

Weekly expiry,
Monthly expiry,
Quarterly expiry,
Yearly expiry,
Decade expiry,

All the best to All Traders & Investors.

21/12/2020

Can a DAY wipe off all gains made over last one MONTH?

Yes. It's possible and made possible as shown in Nifty and Bank-Nifty today.

How LONG will this SLIDE continue?
Or will it reverse from here only?

Markets have shown right way in OVER-BOUGHT ZONE.
But is this fall sufficient, or more to come?
Fall has never ended in a day. It may be at least 3 days.
Time to closely WATCH markets till 2021 beginning, when FII resume buying spree, if at all to happen.

02/04/2020

Do you want to make productive use of spare time these days, by learning "Tricks of Trade" in Stock Markets Trading? If so, please DM me.

09/03/2020

Posting at a juncture when markets world over, are bleeding heavily. Indian markets are closed for tomorrow but other upcountry markets are open and will decide market trends. There were 2 bottoms in past near Lows made today of 10294. One was on 26/10/18 at 10005 and another was at 9952 on 23/03/18. These 2 bottoms may or may not be touched this time. Any Low made below today's low of 10294 can be used for long-term investments in blue-chip scrips like HDFC duo, Kotak Bank, TCS etc. Trading view may be shared with Opening Levels on Wednesday.

23/05/2019

Writing on this wall after long time, to Congratulate NaMo - BJP for such a ver dict for second term of 5 years, where we can expect many reforms left incomplete so far, for unity of nation.

Many persons are skeptical with stock markets' fall from new high made today, but I consider this as Gap-filling on Monday, due to one-sided Exit Polls in favor of BJP-led government. This gap may be filled soon, and markets are poised for steady growth ahead. This is the opportunity to build LONG in area of gap - Nifty spot between 10400-10550 may be considered. This is also because of the fact that "Buy on Rumors and Sell on Outcome of Event", which may have caused profit-booking at new higher levels today.

24/01/2019

Nifty Spot is at crucial juncture. Nice support of 50-dsma @ 10776, 100-dsma @ 10804 and 200-dsma @ 10786. If breaks all these levels, likely to see sub-10k level. Or else can expect rebounce from low made @ 10798.

19/08/2018

Though markets are making new highs in Nifty and Bank Nifty turn by turn but scrips supporting rise are changing. However my personal view is very cautious about the markets with fundamentals not supporting at PERatio at 28, which looks dangerous to sustain for longer period. Any gap-down open with unfilled gap on same day will start down move faster. Await opportunity for next big move.

29/06/2018

The simplest intra-day trading strategy is to calculate Pivot Point, Mid-Point of yesterday to be compared with Close and if CMP is greater than all 3, i.e. CL, PP, MP, Long for the day with least of 3 as SL and vice versa.

Keep looking MP,PP for today as well and if breaches least of MP and PP of today, book profit.

Check back-data and verify for yourself.

18/06/2018

18/06/18 - EOD Analysis with Levels and auto-Signals

Nifty 50 spot
10830.20 10830.20 10787.35 10799.85 10805.80 10808.78 CLOSE < PP < MP
OPEN HIGH LOW
CLOSE PIVOT MID-PT
As per Pre-Open Levels 0 Upside 3 Downside Achieved
As per D-VOL 0 Upside 1 Downside Achieved
M 10822 10311 10645 RST
X Resistance at High
W 10815 10664 10752 RST
X Resistance at High
D 10834 10772 10806 X SR Sell on Rise
H 10824 10798 10809 RST
BPS Resistance at High/Book in Short
Simple Avgs 200 Days 100 Days 50 Days 20 Days 5 Days
10404.08 10555.62 10647.16 10690.46 10825.03
Resistances: (10806-09-15-24-31-34)
Supports: (10798-87-72-52)
Gist: Trend weakened. Sell on Rise.

Nifty Bank spot
26444.30 26477.50 26322.45 26409.30 26403.08 26399.98 CLOSE > PP > MP
OPEN HIGH LOW
CLOSE PIVOT MID-PT
As per Pre-Open Levels 0 Upside 2 Downside Achieved
As per D-VOL 1 Upside 1 Downside Achieved
M 26594 25104 25991 RST
X Resistance at High
W 26643 26082 26343 BD X Buy at Declines
D 26582 26391 26474 BPS SR Book in Short/Sell on Rise
H 26458 26386 26418 X X Neutral
Simple Avgs 200 Days 100 Days 50 Days 20 Days 5 Days
25332.28 25578.40 25884.12 26376.83 26527.77
Resistances: (26418-58-78) - (26582-94) - 26643
Supports: (26391-86-43-22) - 26082
Gist: Trend weakened since last couple of days. Sell on Rise.

30/05/2018

Update on Nifty-Spot and Bank-Nifty-Spot:

NS made Swing High of 10929.20 on 15/5/18 and thereafter made Swing Low of 10417.80 on 23/5/18. NS gave opportunity to sell between 10674-10734 as per Retracement Levels and made HIGH of 10717.25 on 29/5/18 and closed below earlier close and re-started downward move. Targets as per retracement may be up to 10277, 10102 and 9590, being 127.6%, 161.8% and 261.8%.

BNS made Swing High of 26972.05 on 15/5/18 and therafter made Swing Low of 25622.15 on 23/5/18. BNS gave opportunity to short 26500+ during 28/29- May 2018 and closed lower to re-start downward journey. Targets may be 25250, 24788, 23438 as per above methodology.

However, SL may be kept at recent HIGH made plus few points - NS 10725/740. and BNS 26725/750.

So get ready for more panic in markets very soon.

18/05/2018

Latest Update on NS and BNS with REVISED Levels at EOD::

NS has fallen from 10929.20 on 15/5/18 to 10589.10 today.
There is opportunity to SHORT on Rise between 10750 t0 10800 with SL at 10860+.

10670 if crossed, would invite short-covering and one may look for Short near levels shown above.

Downside targets may be near 10495, 10380 and ultimately till 10050.

BNS has fallen from 26972.05 on 15/5/18 to 25839 which looks support nearby. 26020 if crossed will invite Short-covering and one may sell near above levels shown.

The opportunity may come to SHORT near 26400-26540, with SL 26750, for downside targets of 25500, 25150 and ultimately till 24000.

The trigger point may be the unfavorable outcome of court-drama about Karnataka elections and post-election developments. Ifs and Buts apply everywhere.

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