After Falling for long time stock takes time to absorb most of the selling pressure Now its trying to break from the zone I would like to see its movement Not buying this stock But yes it forms a beautiful pattern
STAR : Strong Resistance around 380. Sustaining 380 - 390 (previous rejections) might lead to good upmove
NSE:STAR Short term opportunity for shorters in case of a M shaped formation . Wait and take a small short.
NSE:STAR Star can go long for short term. It will be good bet for short and long term with upward trend likely in STAR
Star is looking good as per wave formation and trendline higher high higher low. target-407 SL 445
Keep on Radar #STAR Reversed from 280-290 Range In corrective wave since NOV 2015 Might be another bull run after 7 years Positive RSI & Spurt in Volume too Even corrective rise is at least double the price from current level
In Strides Pharma inverted head & shoulder pattern MACD BULLISH CROSSOVER RSI ABOVE 60 - BULLISH SIGN buy above 360
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Chart -> Strides Pharma Daily After a brief downtrend, the stock is trying to create a base with a triangle formation breakout and volume. CMP: 345 Targets: 389, 414 Good range: Around 333 SL: 310 Daily close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial...
Another one of those Pharma companies which was in the wars over the past 1 year..the management has made many mis-steps and lost focus..leading to losses. All the attention shifted to its biologic business. THe RSI now had a divergence and the follow thru days show that there could be a bottoming out here. The stoploss here is 290 and its deep..but this is a...
Star pharma look down trend but 279 80 level suppourt area sustain price bounce upside 340 level this only edcation only not buy edvice... .
Strides pharma's financials has been improved and the chart is showing that the stock is at huge supple zone which we can see in delivery % of today also which is 59.5%.
STAR (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 | 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.
Positive 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
STRDIES PHARMA under symmetrical triangel breakout. It it breaks 341 and sustain above 346, it will reach 379
Stock 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...
POINTS 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...