Monday, July 3, 2017

WEEKLY TECHNICAL VIEW ABOUT STAR


FOR LIVE MARKET CALLS PING ME

ON 09039542248
BUY star ABOVE 1000 TGT 1050/1100 SL 950

Primary trend of the STAR  is bullish and after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1000 ; Overall trend of the stock is bullish and after experiencing correction from the higher level. as the stock is managing to trade above its 22& 55 days moving averages with the RSI of 60, one may expect the targets of 1050/1100 in the stock if it manages to sustain above the immediate support level of 950. 200 EMA seen as a strong resistance at 1057. it is likely to experience fresh buying with the crossing of 200 EMA , where one may keep the targets of 1100,1120 in the stock with the stop loss of 950.
DAILY CHART FOR STAR

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