STAR - Strides Pharma Short & Long Term Stock.. 700 - 1000
The stock is in a high downtrend and would be weaker if starts trading below 470 for the marked targets on the chart with white lines until we see a close above 510. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Star analysis was shared 29 Aug when CMP was 603 . Told that it is going to hit 530 level. And that is the support area for the stock. STAR Buy - 525-530 Sl- 510 Target - 670 740
Keep a close watch on Strides Pharma. The stock is trading at approximately 40% discount from its all time high this year. It is available at good price for accumulation for those who are looking to invest for a long term in this stock.
Strides Pharma is consolidating near the support on the day chart. Keep this stock under watchlist. One strong move can be seen from this point in any direction. Wait for the breakout or breakdown or this consolidation.
STAR Buy - 525-530 Sl- 510 Target - 670 740 Currently the stock has been falling like a knife. The Blue Zone is Support Zone For STAR
On the weekly chart, the Share was near to an important resistance level on a closing basis. if he holds it and closes above 115 then it going to test the next level 131 in the near future as per the chart and diagram shown above. Short term target is 121 from the current level Long term target is 131/140 in 3 to 6 months.
Sell @762.5, SL-766, TGT-753 Buy @774, SL-770, TGT-780/782
Strides Pharma - Cmp 787.70 The stock looks good on weekly chart to go long. Keep it on radar for any reversal confirmation. 755-740 is a good support area. Possible targets 820/895/950. Reason: 1. Hammer candlestick formation at the bottom of a downtrend. 2. Hidden bullish divergence wrt RSI. 3. Favorable risk reward as near support area.
Since out previous analysis came out right here is STAR (Strides Pharma) in a wider time frame i.e. weekly frame. STAR is forming a double top on and is most likely to fall. What do you say? Trade wisely...
Stop Loss 822 Target 1045 Chart Pattern Rectangular Channel Breakout Check Volume Check out daily @OptionsMove for daily market Gainers / Loser with Strength and Weekly Index Open Interest Position
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
STAR has given Channel breakout. All Indicators and Oscillators are Indicating uptrend. Increase in delivery Volume conforming bullish bios. Expected target of the channel pattern is 1030 in near term.
Sobha has made the kind of star pattern on the long term charts and flag pattern on short term chart which is a clear indication of strong bullish momentum on the stock. Its good for another 20-25% of return in next 2-6 months
Sell only if a bearish candle forms on 5 min timeframe near the resistance line and the price expected to test the price near the lower trend line. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Star pharma today gave a trendline and head and shoulder breakout with good volumes. Rsi also standing at 42 and below 40 it will become outrightly bearish and a good shorting candidate. Macd also made a bearish crossover confirming our entry also backed by 9/21 ema crossover too. Happy shorting:)