this stock make flag pattern bullish after trend line breakthis stock make flag pattern bullish after trend line break
target will be 1000
STAR trade ideas
SellSell on rise around 915-940 stop loss abv high of point 5 for target of point 4 and point 2.
Wolfe wave is clearly seen on chart. Minimum target of 4 point is yet to be achieved. Final target will be test of line which is formed by joining point and 1 and 4.
Disc : it's not an investment advice to buy or sell
Sell Star Pharma around 920Sell only if a bearish candle forms on 5 min timeframe near the resistance line and the price expected to test the price near the lower trend line.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
STAR shortStar pharma today gave a trendline and head and shoulder breakout with good volumes. Rsi also standing at 42 and below 40 it will become outrightly bearish and a good shorting candidate. Macd also made a bearish crossover confirming our entry also backed by 9/21 ema crossover too.
Happy shorting:)
STRIDES PHARMA is in SHORT Sell zoneThe chart is a mixed combination of Break of Channel pattern + Support & Resistance + Rising Wedge pattern. A breakdown from wedge pattern with a good upper wick retesting green candle in 30Min + 15Min chart.
Risk: Reward is as high as 3.34
Aggressive traders can short now as I have with strict stop-loss. Risky trade !! "Risk hai tho ishq hai :P"
~Can contact me at +91-9789598340 (whats-app only)
STAR STAR
Chart Forming Rising Wedge pattern
Chart Share only for educational purpose
Disclaimer :- Trade@ Own Risk
StarBuy above 890 with the stop loss of 882. Targets are 898, 906 and 916.
Sell below 880 with the stop loss of 888. Targets are 872, 864 and 858.
STAR - Head & ShouldersHead & Shoulders pattern forming on 2H Chart of STAR. SELL below 900, SL 928.10/945.10, Target(s) - 876-77, 865 and below 860 -> 850. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Flag Pole structure in STARPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
Sell Star below 938Sell if sustains below 938 for the targets of 890 and 857 until 966 is saved on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
STRIDES PHARMA HOLD ABOVE 920 !! TARGET 1090 SOON IT GAVE 5 Yr Old Trend Line Breakout On Weekly Time frame
Possible Target 1090 Soon, Hold Above 920 !
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only !
STAR_28_12_2020STAR
BUY ABOVE 850
STOPLOSS 700
TARGET 1200
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Head & Shoulder formed in STAR!Strides Pharma (STAR) has formed a H&S pattern. The most interesting thing about this is that it's neckline coincides with it's crucial level of support at 762.15. If you go backtrack a bit 762 level had been acting as crucial resistance & support for this stock since a long time now. So if the neckline is breached one can go short and expect 730 levels in the short term and even 700 levels in the long term.
STRIDES PHARMA LONGA GOOD BREAKOUT ABOVE THE RESISTANCE IS A GOOD WAY TO PLAY THE BREAKOUT STRATEGY.
VOLUME IS ALSO SUPPORTIUNG THE UPMOVE.
BUY RIGHT AND SIT TIGHT.
STAR, NEAR 5 YEAR TRENDLINE BREAKOUT (CHART# 378)All levels mentioned on chart.
Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.
Thanks
Piyush Gupta
