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STRIDES PHARMA SCIENCE LIMITEDSTRIDES PHARMA SCIENCE LIMITEDSTRIDES PHARMA SCIENCE LIMITED

STRIDES PHARMA SCIENCE LIMITED

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STAR trade ideas

STAR | TREND REVERSAL TRADEPOINTS TO NOTE BEFORE INITIATING LONG: ------------------------------------------------------------------------------ 1. Star Pharma has been in a continuous downtrend for more than 6 months forming Lower Highs & lows. 2. A breakout of the downward channel occurred on the 24th of June with record volumes seen of the last 6 months. 3. Now a shift to an upward channel is seen with HH, HL, indicating reversal. 4. Trade is based on a minor Trendline breakout in uptrend. The trade is as follows: - Entry above 357.5 - SL 339.45 - Targets of 383, 402
NSE:STARLong
by Divergent_trader
Is this stock getting ready for an upmove after 75% correction?STAR fell from 1000 levels and recently mada a low of 263. Now it's coming up to test it's 6 month old trendline and crucial support and resistance zone. Buy above 337 levels intraday for 0.75-1% move. Positionally buy above 342 level on closing basis. Targets would be 348, 359 and 368. Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis. If target 1 is reached - then aim for next target if previous target is breached. Learn & earn, Dr . Tanya Kumar
NSE:STARLong
by tanya151181