sell Star ABOVE 940 TGT 927/920 SL 960
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN
HERE>>>>>
After showing correction from the higher level, now after
giving breakout of its range bound movement, it is forming continuation pattern
in short term charts, it is likely to continue the negative movement with the
breakout of the pattern at the support levels of 940 ; as the stock is managing
to trade below its 22,50 and 200 days moving averages with the RSI of 40, one
may expect the targets of 920/900 in the stock if it manages to sustain below
the immediate resistance level of 960.
DAILY CHART FOR STAR
RBI keeps repo rate
unchanged at 6.25%
Sensex settled at 31,271, up 80 points, while Nifty closed
at 9,663, up 27 points. indices ended marginally higher after the Reserve Bank
of India (RBI) kept the repurchase (repo)
rate unchanged at 6.25%, while lowering projections for inflation and striking a less hawkish tone in its second bi-monthly monetary policy for financial year 2017-18.The RBI, however, cut banks' statutory liquidity ratio - the amount of government securities they must set aside - by 50 basis points to 20% of total deposits starting on June 24.
rate unchanged at 6.25%, while lowering projections for inflation and striking a less hawkish tone in its second bi-monthly monetary policy for financial year 2017-18.The RBI, however, cut banks' statutory liquidity ratio - the amount of government securities they must set aside - by 50 basis points to 20% of total deposits starting on June 24.
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