STARlooking very good for long swing trade
on very strong support level
not any recommendation
thanks you....!
STAR trade ideas
short on this position to 2-3% profit in one day short this ... an hagging man is seen in the 15 min chart of strides pharma
STAR PHARMALooks good for LONG when it closes above 623 and trades above the same. For the target of 720-743 in short term.
However the SL is 570.
CHART AND ANALYSIS BY
ADARSH DEY
STAR Analysis June 2021Sideways Consolidation ongoing
25 Weeks
Stage Formation expecting it to BO upside and convert to Stage 2.
Pharma sector has strength and tailwinds for this stock.
Further Analysis will follow UP.
STAR - Long View***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
STAR-Bounce from SupportThe Stock reversed from its Support with strong volume.
Disclaimer: This is just for learning purpose
Short Idea Star pharmaShort Below 578
T1- 550
T2-520
SL-600
Disclaimer: This is just for learning purpose
#STAR - Shine On#STAR $STAR.NSE (Strides Pharma) may be gearing to move upwards towards 660, 680 and 710 levels, just long as it can stay above 580 as SL.
Oversold... Can we expect fireworks in this counterStrides pharma looking good at this level.
weekly close above 620 needed to start its up move.
STAR again coming close to the support zoneKeep 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.
STAR, keep under watchlistStrides 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 Ready To Bounce 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
[Positional] Star Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Stride Pharma long Stride Pharma is an oversold zone and indicators are hinting at a change in direction. Stride Pharma is involved in the production of Sputnik Vaccine. Recently acquired a manufacturing plant in New York which implies that the company is in a phase of global expansion. In my opinion we can expect a target of 806.
STAR : 1050 TARGETSTAR : 1050 TARGET
Accumulated at the current range for target 1050
Pattern Looks like Double Bottom
Swing Opportunity in Strides PharmaGo Long above 780, Targets of 828.45, 876.9, and 925.35 with SL 731.55
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish candlestick pattern, Bullish Engulfing (marked with an orange circle) is formed at 0.618 Fibonacci level.
3. Also there is a strong demand zone as this level is acting as a support to the stock.
