1. Set up: Big rounding bottom pattern 2. RR: 1:8+ 3. SL: Follow on closing basis 4. Trend bullish 5. Confirmed Breakout
Star has made a double bottom, looks like it will try to test the following targets: Target 1: 415 Target 2: 515 Target 3: 665 Lets see if this is possible
STAR (Strides Pharma) - Watch out for a multi-year breakout in STAR (Strides Pharma) in the monthly timeframe with a beautiful Head and Shoulder pattern.
NSE:STAR Star Has been in a downtrend for a long time it's good time to start shorting as there are no hopes for big runs. Earnings also are calling and charts do not look good as well
STAR : Round Bottom Breakout currently Looks Great
I daily make educational content videos for swing / positional trading.
1. Entry - 755 2. Target 1 - 796.50 3. Target 2 - 957 4. SL - 704 Disclaimer :- Iam not SEBI registered adviser. Please research before Investing.
STAR BO on weekly timeframe with a large base, This BO if sustained should become a new support. Pharma as a theme is doing decent so definitely should be kept in the watchlist.
Strides pharma looking good and retest done today bullish candle wll confirm it with volume SL 470
Strides Pharma looking bullish. Strides Pharma consolidating since last 8 years. And probably it may break pole and flag pattern on monthly chart (3rd attempt to to break descending Triangle).
📌Breakaway Gap ✅Keep on Radar STAR + Continuation Pattern BO + Validated with Volume + Above Key EMAs
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Wedge Breakout And Retest. 📌 Symbol/Asset: STAR 🔍 Description: Pattern Breakout !! 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
A stock that has been underperforming since a long time.. The promoter has guided to fix the company and take it forwards. Its biggest problem was debt and its been on a path towards debt reduction. ALong above 475 with a stoploss below 450. The stock has just crossed above the 200WEMA which is often a key level for a reversal.
Long Star Pharma. All important levels have been marked on the charts. A clear pole and flag pattern formed on the charts. Avery high probability that after breaking out of the pattern lead to good results. This is for your educational purpose only.
STAR has given double bottom breakout from 385 resistance levels. Target is coming to 485+ SL: Daily candle close below 385.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
After Falling for long time stock takes time to absorb most of the selling pressure Now its trying to break from the zone I would like to see its movement Not buying this stock But yes it forms a beautiful pattern