STAR trade ideas
buy on strides shasunCan break resistance at 427 and the bullish journey will commence as the pharma sector is also bottoming out.
Buy when gives closing above 430
STARLong term invetors protect your longs with trail & tight stop loss. Close Below 404-403 we will see sharp fall in this counter
a good risk reward trade ideastar gave good bounce from support. one can expect a move upto 420 and there is also divergence in obv in hourly timeframe so can go long at cmp with stop loss below 325 and target of 420 and above 440 one can trail for big gains
Strides Shashun at Make/BreakAnalysis with levels mentioned in chart.
Slighlty Bullish bias view is presented as stock was in a large downtrend.
Now Star ready to rise again After long down-trend price sustain & face resistance near 335
& trade in triangle pattern closing above 400
price may rich up to 460-480 fib zone
above 400 also 3-LR breakout
Potential Double Bottomi posted this before too lets watch on the volumes and if the neck line breaks good divergence on RSI too.
STAR | Will it shine for BullsEntry and exit as shown in chart. Very short time trade. keep trailing SL if one wants to go long for more days.
Strides Shasun entry if tomorrow closes in green.If tomorrow STAR closes in green on a sustainable basis, with a minor resistance at 480 we may see 550 in medium term.
Shasun Strides Bearish DivergenceBearish Divergence on the short Term.
Since the price action is above the 200 EMA we have to be looking for long opportunities and will have to wait for the pull back and then break above the resistance in future to go long. The nearest major support is around the 378 levels and we have to see if it comes down to touch that level before making a break above the recent high which is around 397.
MyAlgo: xRWave-Blaster: Intraday call:15Jun-STAR-LongBased on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 15-Jun-2018 for STAR
Buy Above(5Min candle close): 369.1 for targets -
T1: 371.9
T2: 373.5
T3: 375.3
SL: 366.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
STRIDES SHASHUN - BOUNCE LIKELYSTAR.NS has picked up on volume lately and on daily shows likely hood of a bounce. If it closes on daily above 400 could be heading towards 500.
These are my personal views. I am not a registered consultant. Kindly consult your broker for trading advice.
Demand Zone / RSI_Divergence/ Volume /Bullish Engulfing It is observed that at current level demand emerges and price bounces back. It has formed a bullish Engulfing candle and RSI is also showing divergence. The stock is in downtrend and is still in oversold zone but still one can try a long here by roviding reasonable SL. Increased Volumes at bottom also confirming the long decision. Pharma stock has shown a good rally yesterday so the momentum may continue for coming trading session.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Look at Strides Shasunafter long decline in strides shasun a bounce posible
Duoble Support at 333 zone & aslo froms a inverted hamer type of candlesticks pattern & stochastic made a higher high after extrme oversold zone.
tager 1 = 433 & if 433 breach successfully then target 2 = 494.35 ( 1.618% )
SL = 330 ( Below the inverted hammer )
strides shasun long,great R:Rdouble bottom on weekly charts..at important monthly support.. sl at 340.. target levels mentioned on chart..
is this a possible double bottom?the stock has bounced back from its 200 DMA on monthly charts twice good positive divergence in RSI,MFI from oversold area.
Expert Comments needed!
thanks in advance.
star shortif Support level 383 is breached, then short strides shasun for a target of 380,375,370....to 350(next support level).
stop loss:385
