A reversal opportunity in Strides Pharma from its Support LevelSTAR (Strides Pharma) is its at support level. One can enter from 310 and this stock can hit 338.00 level soon. One should take 302.00 level as stop loss.
STAR trade ideas
STAR | Historical Support and RSI diversionSTAR | Historical Support and RSI diversion.
Chart of STAR Stock shows that Price has taken support two times already from Historical support which is drawn or shown on chart .
RSI shows diversion with price . Also there is possibility of price direction in downside little bit more. That's why Safe SL placed here & tried to catch the entry at bottom of reversal.
STAR Positive Divergence WeeklyPositive Divergence seen forming on the chart of STAR : Strides Pharma SCI. Fall below 311.00 will invalidate the view. While upside may be seen upto first resistance of 460.00 levels. Purely for educational purpose. Study the concepts of divergence thoroughly and then apply the study with strict stop loss and Targets. Keep Learning
STRIDES PHARMA SCIENCE Target 379STRDIES PHARMA under symmetrical triangel breakout. It it breaks 341 and sustain above 346, it will reach 379
STAR LongStock looks good for a good move up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
STAR | TREND REVERSAL TRADEPOINTS TO NOTE BEFORE INITIATING LONG:
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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
Star looking god at cmp
Strides Pharma looking good at cmp 362 buy at cmp with the target of 541/711
Triangle breakout in STARChart -> Strides Pharma Daily
Strides Pharma in daily time frame has given a good symmetrical triangle pattern breakout with a volume pop-up too.
CMP: 351
Targets: 390, 400
SL: 330
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Strides pharmaStar above 337 can give a small upside. SL strict, overall market is in -ve sentiment, so be careful or avoid this trade.
STAR PHARMASTAR PHARMA is looking good on chart for target 380..
CMP : 351
FOR EDUCATIONAL PURPOSE ONLY
Strides pharmaStrides pharma
started making higher lows
can be a trend reversal if it closes above 343
Stay tuned
Getting volumes as well
Long STARNSE:STAR
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Star it needs a very deep analysis Time Frame :- 1 Hour
Symbol Name :- STAR ( Strides Pharma )
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Positional TradeExpecting some this kind of momentum as drawn.
I am bullish above 345 level, but let's see how market reacts.
Note: I am not a SEBI advisor, please consult your financial advisor before investing.
trend reversalSTAR is closed above previous lower high LH of 342 on weekly time-frame, its a first sign of trend change, however 21 WEMA overhead could consolidate the price in a range till higher low.
trade : positional longs with sl of 285 which is newly formed higher low.
trendline breakout - STAR stock being highly momentum stock of pharma sector also looking good to lead the run
STAR Resulted 7% from support !!NSE:STAR
#NSE:STAR shared day before yesterday with levels and it BD from support and resulted 7% yesterday.
320 PE Bagged 18k/lot.
Happy LEarning !!
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
STAR Ascending triangle !!NSE:STAR
#NSE:STAR 310 & 330 CE bagged handsome profits of 15k/lot today and formed beautiful ascending triangle.
BO Reisistance and sustainability may show good upside momentum,
BD trendline support levels marked for caution.
Happy LEarning
Star pharma is this really like a starIf Breaks Then The Targets could be Taken at 518 .
Time Frame :- 1 Day
Symbol Name :- Strides Pharma ( Star )
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
STAR is a value BUY!Stock has corrected a lot and is available at less than 25% of its all time high price..........Stock reached the bottom of the pitchfork and the green shoots suggest that correction is over for the stock....one can start accumulating the stock for good gains in coming days
